Thread: The lottery, The odds, and You
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Old 07-17-2005, 01:47 AM
MCS MCS is offline
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Join Date: Sep 2002
Posts: 143
Default Re: The lottery, The odds, and You
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A lottery has to be +CE (certainty equivalent) to justify playing.

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Bout time someone mentioned this. There's a difference in EV and EU.

(U = utility)
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