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Promotional lotteries offer consumers a chance to win one of many prizes along with their purchase. Critically, as is often the case, these campaigns not only include an assortment of prizes, but also an assortment of offerings that one can buy to enter the lottery—such as a small or an...
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attempt to fill this gap, by analyzing the impact of IT on the relative productivity of gambling establishments. Ours is also … the first empirical study of productivity in gambling, one of the fastest growing industries in the service sector. The … productivity (e.g., Brynjolfsson and Hitt (1996)) and Morrison (1997)), but little evidence on this relationship in services. We …
Persistent link: https://www.econbiz.de/10014058478
This paper shows that households with positional concerns and convex status utility use gambling to attempt … results strongly indicate that households who care about status are more likely to participate in gambling and invest more in … gambling, while they save less. …
Persistent link: https://www.econbiz.de/10010240591
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information sources. Exploratory analysis, however, revealed interesting effects related to self-reported gambling frequency …-reported gambling frequency was stronger for females. Decision modeling found a decreased weight placed on new evidence (over base rate … frequency of gambling to worse performance in the critical probability assessment skills that should benefit gambling success (i …
Persistent link: https://www.econbiz.de/10014311967
This paper studies how national sentiment in the form of either a perception or a loyalty bias of bettors may affect pricing patterns on national wagering markets for international sport events. We show theoretically that both biases can be profitably exploited by bookmakers by way of price...
Persistent link: https://www.econbiz.de/10003725762
This paper studies how national sentiment in the form of either a perception or a loyalty bias of bettors may affect pricing patterns on national wagering markets for international sport events. We show theoretically that both biases can be profitably exploited by bookmakers by way of price...
Persistent link: https://www.econbiz.de/10003726416
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