Lighting the Path: MIT Department of Economics
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Lighting the Path: MIT Department of Economics
Lighting the Path: MIT Department of Economics
Jun 8, 2024
MIT Department of Economics MIT Economics Faculty
The expected value of every $1 spent on the lottery in the U.S.? About $0.50. 💰 And yet millions of people play. Why do we keep buying tickets when the math doesn’t add up? 🎟️ An @mit economist breaks down two theories behind the lottery’s enduring appeal. Keep learning on MIT Learn: learn.mit.edu #Economics #BehavioralEconomics #DecisionMaking #LearnOnTikTok #STEMTok #FYP
1:20
The expected value of every $1 spent on the lottery in the U.S.? About $0.50. 💰 And yet millions of people play. Why do we keep buying tickets when the math doesn’t add up? 🎟️ An @mit economist breaks down two theories behind the lottery’s enduring appeal. Keep learning on MIT Learn: learn.mit.edu #Economics #BehavioralEconomics #DecisionMaking #LearnOnTikTok #STEMTok #FYP
TikTokmitopenlearning
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