Original sentence: A good modern survey; the first chapter of the preceeding book.The winner's curse is a phenomenon which can occur in common value settings--when the actual values to the different bidders are unknown but correlated, and the bidders make bidding decisions based on estimated values
Edited sentence: A good modern survey; the first chapter of the preceding book.The winner's curse is a phenomenon which can occur in common value settings—when the actual values to the different bidders are unknown but correlated, and the bidders make bidding decisions based on estimated values