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Gambling at Lucky Stores: Evidence from State Lottery Sales
State Lottery Sales Lucky Stores
2015/9/21
In this paper we show that the week following the sale of a large-prize winning ticket, the
winning store experiences a 12 to 38 percent relative sales increase for the winning lotto game.
We find t...
This paper reviews the government role in the legalized gambling sector and
addresses some of the major issues relevant to any normative analysis of what the
government role should be. In particular...
Explicit equilibria in a kinetic model of gambling
a kinetic model of gambling nonlinear kinetic equation
2010/10/18
We introduce and discuss a nonlinear kinetic equation of Boltzmann type which describes the evolution of wealth in a pure gambling process, where the entire sum of wealths of two agents is up for gamb...