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16 August, 09:02

You have studied many different kinds of non-market distribution methods, including majority rule, contests, force, first-come/first-served, sharing equally, lottery, and personal characteristics. In this project, you will explore one of these types of non-market distribution methods within a real-life setting

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  1. 16 August, 09:19
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    An great real life example for the lottery principle is the real life lottery itself. It adheres to the lottery principle so much it's even called lottery. You apply for the lottery in the manner of getting a ticket and if you are lucky, the goods are distributed to you, in this case, the huge amounts of money. There are other real life example but this is the best one.
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