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Atlantic Richfield Oil Company

Mentioned in 1 analyzed podcast episode across 1 show

Mentioned On

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3 Takeaways™

3 Takeaways™ · Feb 10, 2026

The Winner’s Curse: Why “Winning” Often Means You Just Lost with Nobel Laureate Richard Thaler (#288)

Engineers at this company discovered the winner's curse phenomenon when analyzing oil lease auctions they won.

Winner's Curse in Auctions and BiddingMental Accounting and Financial Decision-MakingSunk Cost Fallacy
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