Fred plays the Lottery every week. He is very unhappy, and figures that winning the Lottery will make all his unhappiness go away. Fred is engaged in
A) regression to the mean.
B) affective forecasting.
C) the conjunctive error.
D) the gambler's fallacy.
E) None of the above

Question

Quizplus · Accepted Answer

Fred is engaged in affective forecasting, which is the process of predicting how future events will make us feel. He believes that winning the lottery will make all his unhappiness disappear, which is a classic example of affective forecasting.

Fred Plays the Lottery Every Week