Short Story: How to avoid the 'winner's curse'

Then how do you avoid the winner's curse? Experts advice that before placing a bid, pause to consider how you would feel if you won the auction. Because the winner's curse, at its core, is a combination of cognitive and emotional friction. There are many companies that succeed in the auction and fail as a result, and in this regard, leaders of companies ahead of the big auction should carefully consider whether this was based on their excessive greed before making a decision. #auction #decision #leader