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In poker, luck is important. A player can win a hand if his or her hand has at least five of the same suits. However, some players have experienced less luck than others, and this is why the game is…

A lottery is a discrete distribution of probabilities on a set of states of nature. The elements of a lottery are the probabilities of each state of nature. Many theoretical analyses of choice under uncertainty are based on characterizing choices…

There are many words for slots, but only a few have specific grammatical functions. A slot is a morpheme sequence that fits into a specific spot. A slot is a job title, such as a copy editor’s position in the…