Are violations of expected utility theory just memory problems?

Or should I refer to availability heuristics?  Here is Daniel Gilbert’s MP3 on the topic.  To put it simply, lottery losers, despite their great numbers, rarely receive as much media publicity as the few winners.  Here is my previous post on Gilbert, or just check the right hand side of this blog for the Blogads entry which quotes me… 

Thanks to Boing Boing for the pointer.

Addendum: Here is Gilbert’s short essay, from his blog, on whether fatherhood makes men happy.  Happy Father’s Day to our eligible readers…