Geronikolaou, George; Papachristou, George A. - In: International Journal of Business and Economics 6 (2007) 3, pp. 255-259
Demand for lotteries has been estimated in several countries, an important issue being whether operators set lottery payouts optimally. The question is tackled by means of a traditional demand equation in effective price and recently by a demand equation variant in jackpots, both specifications...