His stance is clearly stated in his thesis, “When the odds are so small that they are difficult to conceptualize, the risk we perceived has less to with the outcomes than with how much fear or hope we are feeling when we make a decision, how we “frame” and organize sets of logical facts and even how we perceive ourselves in relation to others” (699). This quote is saying that we anticipate the outcome even though the odds are so small. Most people never think about the scientific probability of winning or any numerical values related to winning, they are just excited about winning and it’s the optimism that shines through these circumstances. A study shown done by Mostafa, Lowenstein and colleagues show that “feeling poor” affects people and will increase their chances of playing the lottery. The dollar to them seems inconsequential because people are more concerned with winning that “$100 million”. Socioeconomic status plays a huge role in why people play the lottery, the report states that the people with lower incomes play the lottery more than the people that are higher in economic status; the rich. People also play the lottery because they don’t want to miss out on the opportunity as shown in the author’s mention of the “Postcode Lottery” in the Netherlands. People play because they don’t want to be left out and miss the opportunity of winning and becoming instantly rich. Piore’s purpose of this report is not to criticize the lottery, but it is to show his indifference towards the lottery. He seems to be not for it or against it. He’s main objective of this report is to try and look for reasons and answers as to why people are obsessed with playing the
His stance is clearly stated in his thesis, “When the odds are so small that they are difficult to conceptualize, the risk we perceived has less to with the outcomes than with how much fear or hope we are feeling when we make a decision, how we “frame” and organize sets of logical facts and even how we perceive ourselves in relation to others” (699). This quote is saying that we anticipate the outcome even though the odds are so small. Most people never think about the scientific probability of winning or any numerical values related to winning, they are just excited about winning and it’s the optimism that shines through these circumstances. A study shown done by Mostafa, Lowenstein and colleagues show that “feeling poor” affects people and will increase their chances of playing the lottery. The dollar to them seems inconsequential because people are more concerned with winning that “$100 million”. Socioeconomic status plays a huge role in why people play the lottery, the report states that the people with lower incomes play the lottery more than the people that are higher in economic status; the rich. People also play the lottery because they don’t want to miss out on the opportunity as shown in the author’s mention of the “Postcode Lottery” in the Netherlands. People play because they don’t want to be left out and miss the opportunity of winning and becoming instantly rich. Piore’s purpose of this report is not to criticize the lottery, but it is to show his indifference towards the lottery. He seems to be not for it or against it. He’s main objective of this report is to try and look for reasons and answers as to why people are obsessed with playing the