Last Updated:2025/12/05

Investors frequently fall prey to the winner's curse in competitive auctions, because each bid represents a bidder's estimate of the item's value and the highest bid often exceeds the most accurate average estimate.

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Investors frequently fall prey to the winner's curse in competitive auctions, because each bid represents a bidder's estimate of the item's value and the highest bid often exceeds the most accurate average estimate.

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投資家は競争の激しいオークションで落札者の呪いに陥ることが多く、各入札が商品の価値の推定を表すため、最高額の入札は最も正確な平均推定を上回ることがあり、結果として支払い過ぎることがある。

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