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Why do People Buy Lottery Tickets? Choices Involving Risk and the Indivisibility of Expenditure

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Ng Yew Kwang

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Article provided by University of Chicago Press in its journal The Journal of Political Economy.

Volume (Year): 73 (1965)
Issue (Month): ()
Pages: 530
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Handle: RePEc:ucp:jpolec:v:73:y:1965:p:530

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  2. Roger Hartley & Lisa Farrell, 2002. "Can Expected Utility Theory Explain Gambling?," American Economic Review, American Economic Association, vol. 92(3), pages 613-624, June. [Downloadable!]
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  3. Kala Krishna & Cemile Yavas, 2002. "When Does Trade Hurt? Market, Transition and Developing Economies," NBER Working Papers 8995, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  4. Michael A. Sadler, 2000. "Escaping Poverty: Risk-Taking and Endogenous Inequality in a Model of Equilibrium Growth," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 3(4), pages 704-725, October. [Downloadable!] (restricted)
  5. Raj Chetty, 2004. "Consumption Commitments, Unemployment Durations, and Local Risk Aversion," NBER Working Papers 10211, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  6. Gerald Dwyer & Cora Barnhart, 2002. "Are stocks in new industries like lottery tickets?," Working Paper 2002-15, Federal Reserve Bank of Atlanta. [Downloadable!]
  7. Ajay Kalra & Mengze Shi, 2002. "Consumer Value-Maximizing Sweepstakes & Contests: A Theoretical and Experimental Investigation," Review of Marketing Science Working Papers 1-3-1008, Berkeley Electronic Press. [Downloadable!]
  8. Rod Garratt, 2003. "A Tale of Two Cities and a Giffen Good," University of California at Santa Barbara, Economics Working Paper Series 5-03, Department of Economics, UC Santa Barbara. [Downloadable!]
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