The Winner's Curse The Winner's Curse Richard H. Thaler

The Winner's Curse

Past and Present Anomalies in Behavioral Economics

by Richard H. Thaler

20 min read

About This Book

The Winner's Curse (2025) returns to seminal behavioral economics essays from decades past, analyzing whether their discoveries about irrational human economic behavior remain valid today. The work shows that humans repeatedly stray from the rational conduct that classical economic models predict, committing predictable mistakes in auctions, stock markets, and routine purchases.

Who Should Read This?

  • Individuals questioning their own financial decision-making patterns
  • Readers fascinated by psychology and behavioral science
  • Behavioral economics enthusiasts exploring its practical applications

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