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S2 Ep1740: PASSION STRUCK John R. Miles: Alex Imas, The Winner’s Curse: How Behavioral Economics Explains Why We Make Bad Decisions
The Winner’s Curse: How Behavioral Economics Explains Why We Make Bad Decisions The winner’s curse describes a paradox that shows up everywhere in modern life. The moment we win an auction, land the deal, or beat the competition is often the moment we unknowingly overpaid, overcommitted, or misunderstood the true value of what we gained. 👉In this episode of Passion Struck, Alex Imas joins John R. Miles to unpack why winning so often leads to regret, how behavioral economics explains this pattern, and what it reveals about the way humans make decisions under uncertainty. Drawing on decades of…
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