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Which of these situations would be most likely to result in a winners curse? a. Buying a lottery ticket b. Choosing whether to keep bidding
Which of these situations would be most likely to result in a winners curse?
a. Buying a lottery ticket
b. Choosing whether to keep bidding in an auction by flipping a coin
c. Buying shares in a firm about to issue shares for the fourth time
d. Selling bonds
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