Okay. Sorry. What I meant was, “Since lotteries always have a negative expected return, I think that maybe the explanations you are talking about are directed at people who think that the lottery has an expected positive return because they don’t do the math.” Which you just answered. I was not familiar with this classic explanation.
Okay. Sorry. What I meant was, “Since lotteries always have a negative expected return, I think that maybe the explanations you are talking about are directed at people who think that the lottery has an expected positive return because they don’t do the math.” Which you just answered. I was not familiar with this classic explanation.