LOTTERIES IN THE REAL WORLD

被引:29
作者
CLOTFELTER, CT
COOK, PJ
机构
[1] Institute of Policy Science, Duke University, Durham, 27706, North Carolina
[2] Institute of Policy Science, Duke University, Durham, 27706, North Carolina
关键词
LOTTERIES; BELIEFS; PATTERNS OF PLAY; ADVERTISING; NORMATIVE ISSUES;
D O I
10.1007/BF00114154
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Observed patterns of lottery play suggest that many players believe they can improve their chance of winning by adjusting their bets according to which numbers have won in recent drawings, or in response to their dreams or other portents. This skill orientation is encouraged by state lottery advertising, which tends to be misleading in other respects as well. Patterns of lottery play and the content of lottery commercials provide readily available illustrations of psychological tendencies in risky decision-making that have been documented in laboratory experiments. © 1991 Kluwer Academic Publishers.
引用
收藏
页码:227 / 232
页数:6
相关论文
共 2 条
  • [1] Clotfelter C. T., 1989, SELLING HOPE STATE L
  • [2] ON THE ECONOMICS OF STATE LOTTERIES
    CLOTFELTER, CT
    COOK, PJ
    [J]. JOURNAL OF ECONOMIC PERSPECTIVES, 1990, 4 (04) : 105 - 119