Kahneman and Tversky explained these findings through the understanding of the norm theory, by stating that "people's anticipatory regret, along with reluctance to sell the ticket, should increase with their ease of imagining themselves still owning the winning ticket". Therefore, the man who recently sold his ticket will experience more regret because the "counterfactual world", in which he is the winner, is perceived as closer for him than the man who sold his ticket two weeks ago. This example shows the bias in this type of thinking because both men had the same probability of winning if they had not sold their tickets and the time differences in which they did will not increase or decrease these chances.