The implication depends on the distribution of lottery tickets. If there is a short-tailed distribution, then the rewards of scaling will be relatively small; bigger would still get better, but very slowly. A long-tailed distribution, on the other hand, would suggest continued returns to getting more lottery tickets.
The implication depends on the distribution of lottery tickets. If there is a short-tailed distribution, then the rewards of scaling will be relatively small; bigger would still get better, but very slowly. A long-tailed distribution, on the other hand, would suggest continued returns to getting more lottery tickets.
I ask a question here about what’s true in practice.