Which of the following is true about the winners, Econometrics

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Which of the following is true about the winners

Which of the following is true about the winner's curse?

a. The winner's curse occurs primarily in private-value auctions.

b. You successfully avoided the winner's curse if you made money in the auction.

c. The winner's curse means that you bid incorrectly.

d. The winner's curse means that you lost money in an auction.

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Econometrics: Which of the following is true about the winners

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Econometrics: Which of the following is true about the winners

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