Ruby Bibi

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So did the origami builders understand that others didn’t see their creations as they did? We found that creators bid the same amount when they considered only their own evaluation for the product (second-price auction) as when they also considered what noncreators would bid for it (first-price auction). The lack of difference between the two bidding approaches suggested not only that we overvalue our own creations but also that we are largely unaware of this tendency; we mistakenly think that others love our work as much as we do.
The Upside of Irrationality: The Unexpected Benefits of Defying Logic at Work and at Home
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