4 ms·
The problem is that underestimating will cause fewer tickets to be sold.
by oneeyedpigeon 4y ago
The problem is that underestimating will cause fewer tickets to be sold.
- Y_Y 4y agoI can imagine a perverse population of customers whose elasticity function prevents the estimate from ever being correct by always buying too many tickets.
- mrguyorama 4y agoA business being less successful if they don't misrepresent reality is perfectly fine to me.
- jsjohnst 4y ago> A business being less successful if they don't misrepresent reality is perfectly fine to me We are talking about a state government backed lottery, not a business.