​This Factor Contributes to the Winner's Curse

question 83

Multiple Choice

​This factor contributes to the winner's curse

• A)​your estimate of the value of the object was the most optimistic
• B)your bid was not the highest
• C)there were not many other bidders you had to beat out
• D)​you shaded your bid too much

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Definitions:

Sympathetic Nervous System

A part of the autonomic nervous system that activates what is often termed the fight or flight response, preparing the body to react to stressful situations.

Increases Respiration

A physiological condition where the rate and depth of breathing rise, often in response to exercise, stress, or another stimuli.

Blood Sugar Levels

The concentration of glucose in the blood, an essential energy source for the body's cells.

Neural Center

Specialized regions in the brain composed of neurons that are responsible for processing specific types of information.