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Suppose your managerial economics professor auctions off a jar of various coins to the highest bidder and no one knows exactly how many coins are

Suppose your managerial economics professor auctions off a jar of various coins to the highest bidder and no one knows exactly how many coins are in the jar. The winning bidder will likely encounter which of the following? Multiple choice question. The winner's curse The loser's blessing Independent private value curse Common value curse

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