The Expected Utility of Lottery Tickets


  Friday, February 18, 2011

A decent amount of people play the lottery. We also know that playing the lottery makes you lose money, on average. But just how much money are people losing? What would the jackpot or ticket price have to be to make it worth playing the lottery at certain odds of winning? Today I use math to find out.

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All, Economics, Mathematics
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How to (Maybe) Save the Economy, Part I


  Friday, January 7, 2011

Everyone understands that the current American economy is in some sort of bind. This is true. But how can we fix this bind? For economics class in college I wrote an essay on the issue. In this blog I seek to expand this essay and write about my personal plan to (maybe) save the economy.

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All, Economics
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