I’m not sure you noticed but I bought up lotteries because it directly contradicts “it could instead be based on the expected payout where higher probabilities are given greater weight, for example” because we see an example of a very very low probability be given a high weight (if our brains even do that).
I’m not sure you noticed but I bought up lotteries because it directly contradicts “it could instead be based on the expected payout where higher probabilities are given greater weight, for example” because we see an example of a very very low probability be given a high weight (if our brains even do that).