paul phillips wrote:
... Why do kids (and more importantly, their parents) pay so much to give them a chance at the top leagues? One reason is, of course, the love of the game and the fame of reaching the top level. But, particularly for many parents, it is the chance of a big lottery win. ...
aren't people particularly "irrational" when it comes to lotteries, if we use NC standards of rationality as our baseline? That is, it makes no economic sense to buy lottery tickets, but people do anyway. -- Jim Devine / "Capitalism has destroyed our belief in any effective power but that of self interest backed by force." -- George Bernard Shaw
