- 30 марта 2012, 21:32
This excitement is what economists call “skewness." The odds of winning have been quoted as 175 million to 1 -- yet all of us are hoping to be that one. We explained the irresistible appeal of skewness (and the lottery) in our Freakonomics Radio podcast "The No-Lose Lottery." In that episode, we also introduced a new financial product called Prize Linked Savings accounts -- an idea that utilizes skewness for saving. We also explained why lottery commissioners would probably hate it.