赢者诅咒

对模型的分析表明，为规避IPO申购中的赢者诅咒问题和追求更高的期望抑价，机构投资者有隐藏真实需求的激励。

Our analysis indicates that institutional investors have incentive to shade their demands in order to avoiding the " Winner 's Curse " and pursuing higher expected IPO underpricing .

而网上单向拍卖存在的“狙击手”、“网下窜谋”、“赢者诅咒”等问题，容易降低用户的满意度；

Further , because of these problems in online auctions , such as " slamming "," winner 's curse ", it easily result in decreasing the rate of customer 's satisfaction ;