Podcasts · The Indicator from Planet Money
Why you overpaid at that online auction
· 8:59
Episode Why you overpaid at that online auction
Ever put in the winning bid for something on an auction site only to realize you significantly overpaid? Yeah, there’s a phrase for that. On today’s show: the winner’s curse. Richard Thaler’s new book with Alex O. Imas is The Winner’s Curse: Behavioral Economics Anomalies, Then and Now.
Read Planet Money’s newsletter on the winner’s curse.
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Links in the notes 10
- https://www.simonandschuster.com/books/The-Winners-Curse/Richard-H-Thaler/9781982165116
- https://www.npr.org/sections/planet-money/2025/11/11/g-s1-96954/how-to-avoid-the-winners-curse
- https://www.npr.org/people/1268825622/sierra-juarez
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- https://www.npr.org/newsletter/money
- https://pcm.adswizz.com
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