Join us on a literary world trip!
Add this book to bookshelf
Grey
Write a new comment Default profile 50px
Grey
Subscribe to read the full book or read the first pages for free!
I want to read the book!
All characters reduced
The Auction Psychology - cover

The Auction Psychology

Zuri Deepwater

Translator A AI

Publisher: Publifye

  • 0
  • 0
  • 0

Summary

The Auction Psychology explores the captivating intersection of psychology and economics within auction environments, revealing how psychological biases significantly impact buyer behavior and bidding strategies. It highlights that understanding these biases is crucial for success, challenging the traditional view of purely rational economic decision-making. For instance, the book delves into why people often overspend in auctions due to "bidding escalation," driven by the thrill of competition and fear of loss, while also examining the "winner's curse," where the winning bidder often overpays.

 
The book progresses from foundational concepts in behavioral economics and social psychology to specific biases like the sunk cost fallacy and herd behavior, illustrating their effects through case studies and research. What makes this book unique is its practical, actionable approach. It provides strategies to mitigate biases and leverage them for advantage, rather than just focusing on theoretical economic models.

 
Ultimately, The Auction Psychology aims to equip readers with the knowledge to navigate auctions more effectively, whether in business procurement, investment scenarios, or online marketplaces. By understanding the emotional and cognitive forces at play, participants can make more informed decisions and improve their bidding outcomes in competitive environments.
Available since: 02/22/2025.
Print length: 81 pages.

Other books that might interest you

  • Virtues of Strength - Endurance in Life’s Challenges (3 in 1) - cover

    Virtues of Strength - Endurance...

    Esther Jameson

    • 0
    • 0
    • 0 
    Virtues of Strength is a powerful and inspiring journey through the core traits that help us rise above adversity and keep going when life gets tough. This 3-in-1 volume focuses on three foundational virtues—Courage, Endurance, and Perseverance—each offering a lens through which to understand our inner power and resilience. 
In the first section, Courage, readers explore the bravery required to face fears, confront injustice, and make difficult choices even in the face of uncertainty. It's not the absence of fear, but the willingness to act in spite of it that defines this virtue. 
The second section, Endurance, dives into the strength to keep going under pressure—mentally, emotionally, and physically. Whether it's enduring pain, loss, or hardship, this virtue reminds us that we are capable of weathering life’s storms without giving up. 
The final section, Perseverance, highlights the determination to pursue goals with consistent effort and hope, even when progress is slow or setbacks occur. It celebrates the long-haul spirit that turns dreams into achievements, and obstacles into stepping stones. 
Rich with timeless wisdom and real-world examples, Virtues of Strength equips readers with the mindset and emotional fortitude to face life’s challenges head-on. This book is for anyone seeking to deepen their character, build resilience, and walk through difficulty with purpose and dignity.
    Show book
  • The Science of Happiness Workbook - 10 Practices for a Meaningful Life - cover

    The Science of Happiness...

    Greater Good Science Center,...

    • 0
    • 0
    • 0 
    A practical, research-based guide to cultivating greater well-being and stronger relationships for everyone. 
 
If we're seeking more happiness in our lives, it can be challenging to figure out where to start or what habits to change. But with this workbook from UC Berkeley's Greater Good Science Center, based on cutting-edge wellness research and the center’s wildly popular "The Science of Happiness" course and podcast, listeners have a new resource for finding fulfillment and meaning in their everyday experiences. 
 
Here readers will find short, step-by-step practices that they can incorporate into their daily life―many that only take five or ten minutes. They're designed to help listeners cultivate the skills and traits that decades of research show can reliably help us feel happier and more connected to others, from self-compassion to awe to empathy to purpose. Alongside those practices are additional insights and tools to support their journey, including quizzes, tips for overcoming obstacles, and stories of people around the world who have applied these lessons to their lives.
    Show book
  • Perceptions - cover

    Perceptions

    Gillian Bickley

    • 0
    • 0
    • 0 
    PERCEPTIONS consists of short pieces, poetry or poem-like essays, written over a period of thirty years, on various serious and reflective topics, but with some humorous and occasional work too. As in Gillian Bickley's previous collections, the subjects occur internationally: this time, in the Pyrenees, Nigeria, Hawai'i, Albania, as well as Hong Kong. Taken as a whole, this fifth poetry collection recognizes the need for shelter and survival, the desire for love, for achievement, for feelings of self-worth, for objects on which to bestow reciprocal affection and the search for high-order achievements beyond the self. Reaching beyond this, Perceptions considers the needs of other species, our responsibilities towards them and the fragile environment that we all share. 
"The poignance of her many perceptions crowds upon us." -- Stuart Christie 
"This collection addresses universal topics in a thoughtful manner using common sense that most readers can appreciate. – Cairns Media Magazine 
"An interesting addition to home-grown literature" – Clarissa Sebag-Montefiore, Sunday Morning Post, Hong Kong,17 June 2012
    Show book
  • Defiled by the Biker Gang (Gay Muscle Erotica) - cover

    Defiled by the Biker Gang (Gay...

    Archer Vale

    • 0
    • 0
    • 0 
    The seediest bar in town has a secret—an underground passage to the “muscle dungeon”. 
The Weeping Pines Motel sits beside the road like a decaying roadkill carcass. This is my home now. This is where my masters make me stay. 
How did I end up here? Stripped nude and wearing fluffy cat ears, I spend my evenings serving drinks. The men say I’m their catboy. They say I’ve joined their biker gang. 
Each night, they feed me their seed and make me touch their muscles. It’s doing something to my brain…memories of my past are fading away. 
The biker gang is in control now… 
--- 
CONTAINS EXPLICIT GAY SEXUAL CONTENT. 
For exclusive stories, visit www.ArcherVale.com.
    Show book
  • A Rare Recording of General George S Patton - cover

    A Rare Recording of General...

    General George S. Patton

    • 0
    • 0
    • 0 
    George Smith Patton Jr. (November 11, 1885 - December 21, 1945) was a charismatic, hard-driving and highly-regarded general in the United States Army who commanded the Seventh United States Army in the Mediterranean Theater of World War II, and the Third United States Army in France and Germany after the Allied invasion of Normandy in June 1944. The following is from a speech Patton gave in Los Angeles during World War II.
    Show book
  • James and Eugene Save The Planet - cover

    James and Eugene Save The Planet

    Demetra Blackman

    • 0
    • 0
    • 0 
    Two brothers, James and Eugene, join forces on an adventure in learning how simple things can make a big difference in saving the planet. Are you up for the challenge?On a bright and sunny day, James decides to teach his little brother, Eugene, how his daily actions can help or harm the earth. Everything from turning on the lights in the morning to running water too long has a greater impact. James and Eugene Save the Planet is an entertaining fun, but important story that expresses the urgency of conservation, recycling, and saving the planet.
    Show book