
Winner’s Curse
Strategies to understand and mitigate it Last month, at a leadership development program, I went back to my alma mater, IIM Ahmedabad. It is always fantastic to go back to the classroom and that too at IIMA! A topic that we detailed deeply there was Winner’s Curse. For an investor, entering into auctions can be fraught with the risk of overbidding such that while … Read More Winner’s Curse