The outcome of a state lottery game is certainly a very unequal distribution of the prize income.
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The outcome of a state lottery game is certainly a very unequal distribution of the prize income. Some players are made very rich, whereas others lose their money.
Using this example, discuss whether the fairness of the process or the fairness of the outcome is more important, and how they differ.
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Related Book For
Microeconomics Private And Public Choice
ISBN: 9781305506893
16th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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