Winner's Curse: Why Winning Auctions Can Cost You
Correction Concepts

Winner's Curse: Why Winning Auctions Can Cost You

Corrected by Emir Baycan · on When Notes Fly · 12 July 2026 · View published page ↗

Understand how the winner's curse can lead to overpayment in auctions and its implications for various markets.

Factually incorrect

Changes accepted

3 edited

Computed from the content the publisher accepted, line by line. Neither the contributor nor CitePep writes this diff by hand.

edit
Richard Capen, Robert Clapp, and William Campbell
+Edward Capen, Robert Clapp, and William Campbell
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Samuelson (1983) in the Journal of Economic Behavior and Organization
+Samuelson (1983) in the Journal of Conflict Resolution
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Erik Stafford (2001) in the Journal of Finance examined 1,000+ acqui
+Erik Stafford (2001) in the Journal of Economic Perspectives examine

Why this is better

All 3 corrections were already correctly applied in the visible article body (Edward Capen, Journal of Conflict Resolution, Journal of Economic Perspectives all verified present). However, the FAQ field (invisible JSON-LD schema block) still had the stale unverified name 'Richard Capen' in its second Q&A answer -- the same fabrication the body text had already fixed. Corrected 'Richard Capen' to 'Edward Capen' in the FAQ answer, re-encoded, and re-saved the post.

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