In which of the following scenarios is the winner of the auction LEAST likely to suffer from the winner's curse?
- A son winning his mother's favorite painting to give her for her birthday.
- A diamond dealer placing the winning bid for a set of stones on the diamond exchange.
- A construction company bidding on a contract to build a new apartment complex.
- A restaurant bidding on a prime NYC location.
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Home » Business » In which of the following scenarios is the winner of the auction LEAST likely to suffer from the winner's curse? - A son winning his mother's favorite painting to give her for her birthday.