Using analytical and experimental methods, this paper examines the extent to which targeted self-funding lotteries described by Morgan ((2000). Review of Economic Studies, 67(234), 761–784) improve social welfare in an environment with multiple public goods. Social welfare improves relative to...

Charitable lotteries represent one of today's most popular fund-raising schemes. This study begins by developing theory examining the optimal design of a charitable lottery. We show that any prize distribution is only optimal for a group of n symmetric agents with given risk preference. However,...

Children have the ability to contribute to sustainable tourism research. A great deal of research on nature holiday has been conducted. However, it is unclear how this travel might serve as a good motivator for children to engage in environmentally responsible behaviour. To address this research...

Labs are meant for the creation of new products and services or to overcome innovation challenges ( Carstensen & Bason, 2012 ). Media labs, besides the name, go beyond the media industry concepts to respond to technology, communication, and economic changes ( Bisso Nunes & Mills, 2021 ). For...