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The phenomenon in which the winner of a bidding war would likely have overbid is called ________. Multiple Choice Bidder's risk. Externality. Undue risk. Winner's

The phenomenon in which the winner of a bidding war would likely have overbid is called ________.

Multiple Choice

Bidder's risk.
Externality.
Undue risk.
Winner's curse.
Counterintuitive risk.

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