Introduction In Sanatan Scriptures, Sukanya was the daughter of King Sharyati, son of Vaivasvata Manu, and later became the wife of the great sage Chyavana. The sage had spent so many years in deep meditation that his body was covered by an anthill and a bird’s nest had formed over him. One day, the young and curious Sukanya noticed two shining objects inside the nest. Unaware that they were the sage’s eyes, she playfully poked at them, causing him to lose his sight. Enraged by this act, Chyavana cursed the kingdom, but Sukanya’s father pacified him by offering his daughter’s hand in marriage. Despite Chyavana’s old age and blindness, Sukanya accepted her role as his wife and devotedly cared for him with cheerfulness and loyalty. One day, the celestial physicians of the gods, the Ashwini Kumaras—twin brothers renowned for their beauty and healing powers—saw Sukanya and were struck by her radiant charm. Believing her beauty was better suited for heaven, they asked her to abandon her hus...
Introduction When the highest bidder in a multiparty auction or a similar circumstance bids a value for something more than its true or intrinsic worth, the curse is said to act. Various factors cause a value gap as the winner attempts to determine a commodity's or asset's true worth. A bidder's emotional and cognitive variables can be blamed for the winner's curse. Individuals' returns are frequently diminished as a result of this phenomenon. The winner's curse comes from a lack of comprehension and prior knowledge about the asset under examination. Example: A, B, and C compete for drilling rights in a specified location. Assume that the drilling rights have an intrinsic worth of Rs. 4 million after accounting for all drilling-related costs and anticipated future revenues. Assume A bids Rs. 2 million, B bids Rs. 5 million, and C bids Rs. 7 million for the rights. Although C won the auction, it overpaid by Rs. 3 million. Even though B is certain that this price ...