Can an AI Bidder Overpay and Lose Money

Archived study

Runs a small English-auction exercise and inspects bids, valuations, winners, and profits. The archive examines both final outcomes and individual bidding decisions for overpayment.

Interpretation and limits

The finite scenario and decision constraints matter more than a broad claim about AI bidding. No overpayment in the recorded sample does not rule out losses in other auction designs.

Package and provenance

The original .science export and matching poster are preserved byte-for-byte from the upstream case. The package contains the conversation, session metadata, and the resources inventoried in its internal manifest. This introduction summarizes the archived record; the research, external sources, and model evaluations were not rerun for this import.