haku: @author Walker, J. / yhteensä: 11
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| Tekijä: | Farrell, L. Walker, J. |
| Otsikko: | The welfare effects of lotto: evidence from the UK |
| Lehti: | Journal of Public Economics
1999 : APR, VOL. 72:1, p. 99-120 |
| Asiasana: | GAMBLING INDUSTRY LOTTERIES UNITED KINGDOM |
| Kieli: | eng |
| Tiivistelmä: | This paper estimates the demand for lottery tickets using pooled cross section data that contain individual incomes and extensive information about characteristics. One of the cross sections corresponded to a draw which was a "double rollover" - the jackpot was enhanced by adding the two previous draws' jackpots which had been won. Together, these datasets provide sufficient observations facing different "prices" to allow the authors to estimate the "price" elasticity as well as the income elasticity of demand. |
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