Stated vs. Revealed Preference: Gambling
What people say they want vs. what they actually choose: gambling.
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Free for classrooms, worksheets, slides and other non-commercial use under CC BY-NC 4.0, with credit to Ben Orlin.
Cartoon by Ben Orlin, Math with Bad Drawings. https://cartoons.mathwithbaddrawings.com/2025-11-20-revealed-preference--stated-vs-revealed-preference-gambling/ (CC BY-NC 4.0)Transcript
Stated: "I just gamble a little, and I pretty much break even. It's harmless fun!" Revealed: "I just gamble a lot, at terrible cost to my family and future. It's harmful fun!"