phenomenon in auctions where the person who wins usually pays more than the auctioned item is worth
Yea I went to an auction yesterday and they had this painting that I knew I could resell for $200 but some douchebag bid $1000 for it. Ridiculous. Whatever, dude just got a mean case of winner's curse.
by his majesty the king April 28, 2008
Can you define these popular missing words?