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Humphreys, Brad R.; Perez, Levi - In: Journal of Behavioral and Experimental Economics … 45 (2013) C, pp. 124-131

Anecdotal evidence indicates that many people pool funds to purchase lottery tickets. We investigate the … characteristics of such syndicated lottery play in Spain. The results indicate that the method of play, and the characteristics of … syndicate members, exhibits significant heterogeneity across different lottery games. Employed individuals are more likely to …

Persistent link: https://www.econbiz.de/10010682455

I Was Only Nineteen, 45 Years Ago: What Can we Learn from Australia’s Conscription Lotteries?

Siminski, Peter; Ville, Simon - School of Accounting, Economics, and Finance, … - 2012

The Australian conscription lotteries of 1965-1972 are a unique and underutilised resource for studying the effects of army service and veterans’ programs. Drawing on many data sources and 25 years of related US literature, we present a comprehensive analysis of this natural experiment,...

Persistent link: https://www.econbiz.de/10010685796

Reprint of: Bidding to give in the field

Onderstal, Sander; Schram, Arthur J.H.C.; Soetevent, … - In: Journal of Public Economics 114 (2014) C, pp. 87-100

approached about 4500 households, each participating in an all-pay auction, a lottery, a non-anonymous voluntary contribution … mechanism (VCM), or an anonymous VCM. In contrast to the VCMs, households in the all-pay auction and the lottery competed for a …

Persistent link: https://www.econbiz.de/10010776959

Do U.S. Gambling Industries Cannibalize Each Other?

Walker, Douglas M.; Jackson, John D. - In: Public Finance Review 36 (2008) 3, pp. 308-333

Many states facing recent fiscal crises have looked to legalized gambling in an attempt to ease fiscal constraints. Although there has been some research on the economic effects of gambling, no study has offered a comprehensive analysis of the interindustry relationships of lotteries, casinos,...

Persistent link: https://www.econbiz.de/10010781108

Voting for a Lottery

Giacopassi, David; Nichols, Mark W.; Stitt, B. Grant - In: Public Finance Review 34 (2006) 1, pp. 80-100

-level voting patterns from the 2002 Tennessee lottery referendum and county-level lottery expenditures to determine whether voting … reflects a latent demand for lottery or is a deliberate attempt to shift the tax burden. The results indicate that the … percentage voting for lottery approval and lottery expenditure is not correlated with income and negatively correlated with …

Persistent link: https://www.econbiz.de/10010781128

On the Demand for Lotteries in Greece

Geronikolaou, George; Papachristou, George A. - In: International Journal of Business and Economics 6 (2007) 3, pp. 255-259

Demand for lotteries has been estimated in several countries, an important issue being whether operators set lottery … more or less correctly and slightly on the generous side. The objective of this paper is to provide evidence on the lottery …

Persistent link: https://www.econbiz.de/10010598964

Should Gambling Markets be Privatized? An Examination of State Lotteries in the United States

Matheson, Victor; Grote, Kent - Department of Economics and Accounting, College of the … - 2013

State lotteries currently operate in 43 states across the US. Recently, three states have privatized their lottery … privatization in its first year of results. The issue of lottery privatization is also examined in the larger context of overall …

Persistent link: https://www.econbiz.de/10010661505

Do bidders require a monetary premium for cognitive effort in an auction?

Rosenboim, Mosi; Shavit, Tal; Cohen, Chen - In: Journal of Behavioral and Experimental Economics … 42 (2013) C, pp. 99-105

Research on the influence of cognitive effort on decision making has grown in recent years. We argue that when cognitive effort is required, a decision maker requests a monetary premium for his effort. In our experiment, the participants were asked to bid a price for lotteries of differing...

Persistent link: https://www.econbiz.de/10010664645

The Impact of State Lotteries and Casinos on State Bankruptcy Filings

Matheson, Victor; Grote, Kent - Department of Economics and Accounting, College of the … - 2013

there is a general recognition, empirically supported in the economics literature, that spending on lottery and gaming … prior to 1995 experienced significantly higher personal bankruptcy rates while the effect of lottery and casino adoption on …

Persistent link: https://www.econbiz.de/10010616801

Why are lotteries valued less? Multiple tests of a direct risk-aversion mechanism

Newman, George E.; Mochon, Daniel - In: Judgment and Decision Making 7 (2012) 1, pp. 19-24

Recent studies have identified the uncertainty effect (UE), whereby risky prospects (e.g., a binary lottery that offers … been proposed to result from ``direct risk-aversion'' which posits that the mere uncertainty of a lottery directly … better of the two outcomes (disappointment aversion), or the mere fact that the risky prospect is referred to as a ``lottery …

Persistent link: https://www.econbiz.de/10010618030