Title of article
Lotto fever: do lottery players act rationally around large jackpots?
Author/Authors
Victor A. Matheson، نويسنده , , Kent R. Grote، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2004
Pages
5
From page
233
To page
237
Abstract
“Lotto fever” occurs when an increase in ticket sales reduces the expected value of a lottery ticket despite a higher jackpot. An examination of 17,538 lotto drawings in the United States finds that examples of lotto fever are exceedingly rare.
Keywords
Lottery , Gambling , Lotto
Journal title
Economics Letters
Serial Year
2004
Journal title
Economics Letters
Record number
435412
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