Lotteries in the Real World.

B-Tier
Journal: Journal of Risk and Uncertainty
Year: 1991
Volume: 4
Issue: 3
Pages: 227-32

Score contribution per author:

1.009 = (α=2.02 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

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. Copyright 1991 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:jrisku:v:4:y:1991:i:3:p:227-32
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25