If you win the lottery this would be great for you, but if everyone simultaneously won the lottery this wouldn't be nearly as good, why?
A) association is not causation
B) it is a violation of ceteris paribus
C) the fallacy of composition
D) what appear to be positive outcomes in society are actually normative.

Question

Quizplus · Accepted Answer

The fallacy of composition occurs when one assumes that what is true for an individual is also true for a group. If everyone wins the lottery, the value of the prize diminishes due to inflation or other economic factors, making it less beneficial for each individual.

If You Win the Lottery This Would Be Great for You