On the Design of Lottery Games
Author
Abstract
Suggested Citation
Download full text from publisher
To our knowledge, this item is not available for download. To find whether it is available, there are three options:1. Check below whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Other versions of this item:
- R Hartley & G Lanot, 2003. "On the design of lottery games," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 54(1), pages 89-100, January.
References listed on IDEAS
- Johson, J.E.V. & Shin, H.S., 1995.
"A Violation of Dominance anf the Consumption Value of Gambling,"
Papers
106, University of Southampton - Department of Accounting and Management Science.
- Johnson, J.E.V. & Shin, H.S., 1995. "A violation of dominance and the consumption value of gambling," Discussion Paper Series In Economics And Econometrics 9525, Economics Division, School of Social Sciences, University of Southampton.
- Lisa Farrell & Edgar Morgenroth & Ian Walker, 1999. "A Time Series Analysis of U.K. Lottery Sales: Long and Short Run Price Elasticities," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(4), pages 513-526, November.
- Farrell, Lisa & Morgenroth, Edgar & Walker, Ian, 1999. "A Time Series Analysis of U.K. Lottery Sales: Long and Short Run Price Elasticities," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(4), pages 513-526, November.
- Scoggins, John F., 1995. "The Lotto and Expected Net Revenue," National Tax Journal, National Tax Association;National Tax Journal, vol. 48(1), pages 61-70, March.
- Deaton,Angus & Muellbauer,John, 1980. "Economics and Consumer Behavior," Cambridge Books, Cambridge University Press, number 9780521296762, November.
- Scoggins, John F., 1995. "The Lotto and Expected Net Revenue," National Tax Journal, National Tax Association, vol. 48(1), pages 61-70, March.
- Farrell, Lisa, et al, 2000. "The Demand for Lotto: The Role of Conscious Selection," Journal of Business & Economic Statistics, American Statistical Association, vol. 18(2), pages 228-241, April.
- Milton Friedman & L. J. Savage, 1948. "The Utility Analysis of Choices Involving Risk," Journal of Political Economy, University of Chicago Press, vol. 56(4), pages 279-279.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Hofer, Vera & Leitner, Johannes, 2011. "Should European gamblers play lotto in the USA?," European Journal of Operational Research, Elsevier, vol. 215(1), pages 181-187, November.
- Orrin David Gulley, 2018. "The optimal structure of lotto games," Economics and Business Letters, Oviedo University Press, vol. 7(4), pages 156-161.
- Alejandro Díaz & Levi Pérez, 2021. "Setting The Odds Of Winning The Jackpot: On The Economics Of (Re) Designing Lottery Games," Contemporary Economic Policy, Western Economic Association International, vol. 39(1), pages 168-177, January.
- Chen, Shu-Heng & Chie, Bin-Tzong, 2008. "Lottery markets design, micro-structure, and macro-behavior: An ACE approach," Journal of Economic Behavior & Organization, Elsevier, vol. 67(2), pages 463-480, August.
- Kent Grote & Victor Matheson, 2011. "The Economics of Lotteries: An Annotated Bibliography," Working Papers 1110, College of the Holy Cross, Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Humphreys, Brad & Perez, Levi, 2011. "Lottery Participants and Revenues: An International Survey of Economic Research on Lotteries," Working Papers 2011-17, University of Alberta, Department of Economics.
- Ian Walker & Rhys Wheeler, 2018. "The Decline and Fall of UK Lotto," Working Papers 247054751, Lancaster University Management School, Economics Department.
- Kent Grote & Victor Matheson, 2011. "The Economics of Lotteries: A Survey of the Literature," Working Papers 1109, College of the Holy Cross, Department of Economics.
- Ursula Hauser‐Rethaller & Ulrich König, 2002. "Parimutuel Lotteries: Gamblers' Behavior and the Demand for Tickets," German Economic Review, Verein für Socialpolitik, vol. 3(2), pages 223-245, May.
- Chen, Shu-Heng & Chie, Bin-Tzong, 2008. "Lottery markets design, micro-structure, and macro-behavior: An ACE approach," Journal of Economic Behavior & Organization, Elsevier, vol. 67(2), pages 463-480, August.
- Michael A. Trousdale & Richard A. Dunn, 2014. "Demand for Lottery Gambling: Evaluating Price Sensitivity Within a Portfolio of Lottery Games," National Tax Journal, National Tax Association;National Tax Journal, vol. 67(3), pages 595-620, September.
- R. D. Baker & I. G. McHale, 2009. "Modelling the probability distribution of prize winnings in the UK National Lottery: consequences of conscious selection," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 172(4), pages 813-834, October.
- M. Forster & E. Randon, 2019. "Do lottery operators exploit their lottery power? Efficiency and equality considerations in optimal lottery design," Working Papers wp1135, Dipartimento Scienze Economiche, Universita' di Bologna.
- Gabrielyan, Gnel & Just, David R., 2017. "Economic Factors Affecting Lottery Sales: An Examination of Maine State Lottery Sales," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 258419, Agricultural and Applied Economics Association.
- Jen-Hung Wang & Larry Tzeng & Junji Tien, 2006. "Willingness to pay and the demand for lotto," Applied Economics, Taylor & Francis Journals, vol. 38(10), pages 1207-1216.
- Kent Grote & Victor Matheson, 2011. "The Economics of Lotteries: An Annotated Bibliography," Working Papers 1110, College of the Holy Cross, Department of Economics.
- Richard A. Dunn & Michael A. Trousdale, 2015. "Estimating the Demand for Lottery Gambling," Public Finance Review, , vol. 43(6), pages 691-716, November.
- Roger Hartley & Lisa Farrell, 2002.
"Can Expected Utility Theory Explain Gambling?,"
American Economic Review, American Economic Association, vol. 92(3), pages 613-624, June.
- Lisa Farrell & Roger Hartley, "undated". "Can Expected Utility Theory Explain Gambling?," Discussion Papers in Public Sector Economics 00/8, Division of Economics, School of Business, University of Leicester.
- Roger Hartley & Lisa Farrell, 2002. "Can expected utility theory explain gambling?," Open Access publications 10197/539, School of Economics, University College Dublin.
- Roger Hartley & Lisa Farrell, 1998. "Can Expected Utility Theory Explain Gambling?," Keele Department of Economics Discussion Papers (1995-2001) 98/02, Department of Economics, Keele University.
- Papachristou, George & Karamanis, Dimitri, 1998. "Investigating efficiency in betting markets: Evidence from the Greek 6/49 Lotto," Journal of Banking & Finance, Elsevier, vol. 22(12), pages 1597-1615, December.
- David Paton & Donald S. Siegel & Leighton Vaughan Williams, 2002. "A Policy Response To The E--Commerce Revolution: The Case Of Betting Taxation In The UK," Economic Journal, Royal Economic Society, vol. 112(480), pages 296-314, June.
- Kathryn L. Combs & John A. Spry, 2012.
"Who plays the numbers games in the middle of the day?,"
Applied Economics, Taylor & Francis Journals, vol. 44(7), pages 889-897, March.
- Kathryn L. Combs & John A. Spry, 2007. "Who Plays the Numbers Games in the Middle of the Day?," Working Papers 200705, Ball State University, Department of Economics, revised Aug 2007.
- repec:cup:judgdm:v:11:y:2016:i:3:p:243-259 is not listed on IDEAS
- Tong V. Wang & Rogier J. D. Potter van Loon & Martijn J. van den Assem & Dennie van Dolder, 2016. "Number preferences in lotteries," Judgment and Decision Making, Society for Judgment and Decision Making, vol. 11(3), pages 243-259, May.
- Baker, Rose & Forrest, David & Pérez, Levi, 2020. "Modelling demand for lotto using a novel method of correcting for endogeneity," Economic Modelling, Elsevier, vol. 84(C), pages 302-308.
- Thomas A. Garrett & Russell S. Sobel, 2004.
"State Lottery Revenue: The Importance of Game Characteristics,"
Public Finance Review, , vol. 32(3), pages 313-330, May.
- Thomas A. Garrett & Russell S. Sobel, 2002. "State lottery revenue: the importance of game characteristics," Working Papers 2002-011, Federal Reserve Bank of St. Louis.
- Jonathan Guryan & Melissa S. Kearney, 2010.
"Is Lottery Gambling Addictive?,"
American Economic Journal: Economic Policy, American Economic Association, vol. 2(3), pages 90-110, August.
- Jonathan Guryan & Melissa Schettini Kearney, 2009. "Is Lottery Gambling Addictive?," NBER Working Papers 14742, National Bureau of Economic Research, Inc.
More about this item
Keywords
lottery; dynamic optimisation; simulations.;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kee:keeldp:99/05. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Martin E. Diedrich (email available below). General contact details of provider: https://edirc.repec.org/data/dekeeuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.