GameTek Classic 251.5 - Lotteries
Ludology - A podcast by Erica Hayes-Bouyouris, Sen-Foong Lim - Sundays
Geoff muses on the combination of two of his favorite topics: loss aversion and the lottery. Why do more people buy lottery tickets when the odds of winning are lower? How does that affect the payout? And what is the effect of a lottery win on a person's life?