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Kim, Duk Gyoo - 2021

Ohio announced a Vax-a-Million Lottery in May 2021 to encourage people vaccinated. If people may avoid vaccination … lottery may work better or worse than a lump-sum transfer to the contributors for herd immunity. I experimentally compare the … effectiveness of the vaccination lottery over a lump-sum transfer. Overall, vaccination lottery works better, and it particularly …

Persistent link: https://www.econbiz.de/10012600128

How residence permits affect the labor market attachment of foreign workers : evidence from a migration lottery in Liechtenstein

Buechel, Berno; Gangl, Selina; Huber, Martin - 2021

overcome the usually severe selection issues, we exploit a unique migration lottery that randomly assigns access to residence … variable approach, our results show that lottery compliers raise their employment probability in Liechtenstein by on average 24 … Liechtenstein prior to the lottery rather than by previous cross-border commuters, but even for the latter group, positive …

Persistent link: https://www.econbiz.de/10012668018

Conflicts with multiple battlefields

Kovenock, Daniel J.; Roberson, Brian - 2010

Blotto Game ; auction ; lottery …

Persistent link: https://www.econbiz.de/10008696768

Explaining the favorite-longshot bias : is it risk-love or misperceptions?

Snowberg, Eric; Wolfers, Justin - 2010

The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning - longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...

Persistent link: https://www.econbiz.de/10003965888

Equity and effectiveness of optimal taxation in contests under an all-pay auction

Mealem, Yosef; Nitsan, Shemuʾel - 2012

effective; it yields total contestants' efforts that are larger than those obtained under almost any Tullock-type lottery … ; lottery …

Persistent link: https://www.econbiz.de/10009488961

On the efficient provision of public goods by means of lotteries

Franke, Jörg; Leininger, Wolfgang - 2013

We provide a solution to the free-rider problem in the provision of a public good. To this end we define a biased indirect contribution game which provides the efficient amount of the public good in non-cooperative Nash equilibrium. No confiscatory taxes or other means of coercion are used. We...

Persistent link: https://www.econbiz.de/10009706153

Gambling to leapfrog in status?

Friehe, Tim; Mechtel, Mario - 2013

This paper shows that households with positional concerns and convex status utility use gambling to attempt leapfrogging in the social hierarchy. We test this theoretical prediction relying on household data that is representative for Germany, proxying the status orientation of households by...

Persistent link: https://www.econbiz.de/10009724024

Risk aversion and the subjective time discount rate : a joint approach

Praag, Bernard M. S. van; Booij, Adam S. - 2003

In this paper we analyze a large sample of individual responses to six lottery questions. We derive a simultaneous …

Persistent link: https://www.econbiz.de/10011507761

Direct and indirect effects based on difference-in-differences with an application to political preferences following the Vietnam draft lottery

Deuchert, Eva; Huber, Martin; Schelker, Mark - 2016

draft lottery. The results suggest that a high draft risk due to the lottery leads to a relative increase in the support for … the Republican Party and that this increase is mostly driven by those complying with the lottery outcome. …

Persistent link: https://www.econbiz.de/10011509301

Lattices and lotteries in apportioning risk

Schlesinger, Harris - 2014

Eeckhoudt and Schlesinger (2006), based upon simple lottery preference. This article show how the mathematics of lattice theory … can be used to model these lottery preferences. In addition to modeling a simple lattice structure, I show how such …

Persistent link: https://www.econbiz.de/10010431278