Lotteries in the real world
Publication
, Journal Article
Clotfelter, CT; Cook, PJ
Published in: Journal of Risk and Uncertainty
July 1, 1991
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.
Duke Scholars
Published In
Journal of Risk and Uncertainty
DOI
EISSN
1573-0476
ISSN
0895-5646
Publication Date
July 1, 1991
Volume
4
Issue
3
Start / End Page
227 / 232
Related Subject Headings
- Economics
- 3802 Econometrics
- 3801 Applied economics
- 3502 Banking, finance and investment
- 1502 Banking, Finance and Investment
- 1402 Applied Economics
Citation
APA
Chicago
ICMJE
MLA
NLM
Clotfelter, C. T., & Cook, P. J. (1991). Lotteries in the real world. Journal of Risk and Uncertainty, 4(3), 227–232. https://doi.org/10.1007/BF00114154
Clotfelter, C. T., and P. J. Cook. “Lotteries in the real world.” Journal of Risk and Uncertainty 4, no. 3 (July 1, 1991): 227–32. https://doi.org/10.1007/BF00114154.
Clotfelter CT, Cook PJ. Lotteries in the real world. Journal of Risk and Uncertainty. 1991 Jul 1;4(3):227–32.
Clotfelter, C. T., and P. J. Cook. “Lotteries in the real world.” Journal of Risk and Uncertainty, vol. 4, no. 3, July 1991, pp. 227–32. Scopus, doi:10.1007/BF00114154.
Clotfelter CT, Cook PJ. Lotteries in the real world. Journal of Risk and Uncertainty. 1991 Jul 1;4(3):227–232.
Published In
Journal of Risk and Uncertainty
DOI
EISSN
1573-0476
ISSN
0895-5646
Publication Date
July 1, 1991
Volume
4
Issue
3
Start / End Page
227 / 232
Related Subject Headings
- Economics
- 3802 Econometrics
- 3801 Applied economics
- 3502 Banking, finance and investment
- 1502 Banking, Finance and Investment
- 1402 Applied Economics