淡江大學機構典藏:Item 987654321/92784
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    题名: Estimating the Price Elasticity of Demand for Lotto from Conscious and Quick Selection Prospect
    作者: Lee, Shih-Chin;Tien, Joseph J.;Ho, Hwai-Chung
    贡献者: 淡江大學保險學系
    关键词: Lotto;Conscious selection;Quick selection
    日期: 2012-01-01
    上传时间: 2013-10-22 16:38:28 (UTC+8)
    摘要: In a lotto game there are usually two ways for players to choose their number combinations: conscious selection and quick selection. In the former lotto selection will be executed by a computer system automatically.It is up to the player to decide which strategy is employed when selecting the numbers.The purpose of this paper is to investigate the effectiveness of price elasticity for both the strategies based on a unique database of the players' selection tickets maintained by the monopoly lotto selection players(1.84)is larger than that of conscious players (1.45). Our conclusions support the conscious and quick selection bettors may belong to two different types of kinds of lottery players.
    關聯: The Empirical Economics Letters 11(1), pp.9-16
    显示于类别:[風險管理與保險學系] 期刊論文

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