Chew, Soo Hong; Liu, Haoming; Salvo, Alberto - In: Journal of Risk and Uncertainty 62 (2021) 3, pp. 247-280
The empirical literature points to a stylized phenomenon of increased demand for hope following adversity. Clotfelter and Cook (1989) suggest that hope is a key sentiment underpinning recreational gambling. Chew and Ho (1994, this journal) offer the view of hope being experienced in lottery...
