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A further step into the ELGH and TLGH for Spain and Italy

Cortés_Jiménez, Isabel; Pulina, Manuela - 2006

Nowadays many developing countries focus on economic policies for promoting international tourism and exports expansion as a potential source of economic growth of the country. However, the understanding of the relationship between exports and economic growth is still ongoing. When treating the...

Persistent link: https://www.econbiz.de/10010312651

Tourist tax and ratings of online reviews

Marsi, Antonio; Randon, Emanuela - 2021

Tourist taxes represent one of the principal sources of revenue for a number of local authorities. Using a dataset of more than 300 thousands reviews on TripAdvisor, we analyze the effect of tourist taxes on online ratings posted by hotel costumers. Online ratings are strategic variables for the...

Persistent link: https://www.econbiz.de/10013394352

The Impact of China on Stock Returns and Volatility in the Taiwan Tourism Industry

Chang, Chia-Lin; Hsu, Hui-Kuang; McAleer, Michael - 2013

the volatility size effects for firm performance, regardless of firm size and estimation period. Furthermore, the risk …This paper investigates the stock returns and volatility size effects for firm performance in the Taiwan tourism … Taiwan. Four conditional univariate GARCH models are used to estimate the volatility in the stock indexes for large and small …

Persistent link: https://www.econbiz.de/10010326144

Does Economic Policy Uncertainty Encourage Gambling? Evidence from the Chinese Welfare Lottery Market

Xu, Can; Steiner, Andreas; de Haan, Jakob - 2023

This paper investigates the effect of economic policy uncertainty (EPU) on gambling activity in China. Based on a theoretical model, we hypothesize that EPU increases the demand for hope which raises the willingness to pay for lottery tickets, resulting in higher lottery sales. We estimate a...

Persistent link: https://www.econbiz.de/10014290151

Adversity-hope hypothesis: Air pollution raises lottery demand in China

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...

Persistent link: https://www.econbiz.de/10014501971

Expectations as reference points: Field evidence from experienced subjects in a competitive, high-stakes environment

Bartling, Björn; Brandes, Leif; Schunk, Daniel - 2012

We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...

Persistent link: https://www.econbiz.de/10010316909

US taxation of gambling winnings and incentives to bet

Whelan, Karl - 2022

Sports betting is growing rapidly in the US after its legalization by the Supreme Court in 2018. This paper describes the treatment of gambling winnings and losses in the federal tax code and shows how the system may incentivize some gamblers to substantially increase the scale of their betting...

Persistent link: https://www.econbiz.de/10014540319

Risk aversion and favorite-longshot bias in a competitive fixed-odds betting market

Whelan, Karl - 2022

among gamblers and risk-aversion on the part of bookmakers in a competitive market can produce a pattern of favorite …

Persistent link: https://www.econbiz.de/10014540446

Coach characteristics and their impact on substitution decisions

Vischer, Lars - 2024

This study analyses the factors influencing coaching decisions when substituting players, particularly in light of the rule change from three to five permitted substitutions. To this end, 161 coaches and their decisions are analysed in 1,836 Bundesliga matches from 2017/2018 to 2022/2023,...

Persistent link: https://www.econbiz.de/10014631404

Gambling and the use of credit: an individual and household level analysis

Brown, Sarah; Dickerson, Andy; McHardy, Jolian; Taylor, Karl - 2010

We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the …

Persistent link: https://www.econbiz.de/10010271301