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Syndicated play in lottery games

dc.contributor.authorHumphreys, Brad R.
dc.contributor.authorPérez Carcedo, Leví 
dc.date.accessioned2013-06-28T11:36:38Z
dc.date.available2013-06-28T11:36:38Z
dc.date.issued2013-08
dc.identifier.citationThe Journal of Socio-Economics, 45, p. 124–131 (2013); doi:10.1016/j.socec.2013.05.010
dc.identifier.issn1053-5357
dc.identifier.urihttp://hdl.handle.net/10651/17713
dc.description.abstractAnecdotal evidence indicates that many people pool funds to purchase lottery tickets. We investigate the characteristics of such syndicated lottery play in Spain. The results indicate that the method of play, and the characteristics of syndicate members, exhibits significant heterogeneity across different lottery games. Employed individuals are more likely to participate in lottery syndicates than unemployed individuals, and females are more likely to play lottery games syndicated than males. The evidence supports both economic and sociological motives for syndicated play; informational problems appear to be an important barrier to the formation of lottery syndicates.spa
dc.format.extentp. 124-131spa
dc.language.isoeng
dc.publisherOfer H. Azar
dc.relation.ispartofJournal of Socio-Economicsspa
dc.subjectLotteryspa
dc.subjectSyndicatespa
dc.titleSyndicated play in lottery gamesspa
dc.typejournal article
dc.identifier.doi10.1016/j.socec.2013.05.010
dc.relation.publisherversionhttp://dx.doi.org/10.1016/j.socec.2013.05.010


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