In Part 1 and Part 2, I was explaining the relationship of chance-taking and outcome. Specifically, we wait in line to buy tickets for highly improbable though favorable outcomes (lottery), and we take chances on unfavorable outcomes because we think they are highly improbable (many other aspects of our lives). We do the former out…
Tag Archive: luck
Luck and Lottery – Part 2
At the end of the Part 1 post, I proposed a couple of acronyms: Lottery – Highly Improbable Favorable Outcome (HIFO), I have to consciously decide to buy the ticket. Safety – Highly Improbable Disastrous Outcome (HIDO), I consciously and unconsciously buy tickets. The basic idea I am working from here is that to win the lottery, you need…
Unlucky Day For Your Safety?
Do you consider the number 13 to be unlucky? Or maybe you have an actual fear of the number, which is called triskaidekaphobia. If you do, you wouldn’t be alone. Thirteen is frequently left out when numbering floors in a building or even aisles in an airplane. Yet there are some who consider this a…
