On skewness of return and buying more than one ticket in a lottery

Economics

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On skewness of return and buying more than one ticket in a lottery. / Peel, D; Law, D.
In: Applied Economics Letters, Vol. 16, No. 10, 2009, p. 1350-4851.

Research output: Contribution to Journal/Magazine › Journal article › peer-review

Harvard

Peel, D & Law, D 2009, 'On skewness of return and buying more than one ticket in a lottery', Applied Economics Letters, vol. 16, no. 10, pp. 1350-4851. https://doi.org/10.1080/13504850701320154

APA

Peel, D., & Law, D. (2009). On skewness of return and buying more than one ticket in a lottery. Applied Economics Letters, 16(10), 1350-4851. https://doi.org/10.1080/13504850701320154

Vancouver

Peel D, Law D. On skewness of return and buying more than one ticket in a lottery. Applied Economics Letters. 2009;16(10):1350-4851. doi: 10.1080/13504850701320154

Author

Peel, D ; Law, D. / On skewness of return and buying more than one ticket in a lottery. In: Applied Economics Letters. 2009 ; Vol. 16, No. 10. pp. 1350-4851.

Bibtex

@article{b80824eb5b5b42febc29f2d514662493,

title = "On skewness of return and buying more than one ticket in a lottery",

abstract = "The purpose in this article is to demonstrate that buying more than one ticket in a lottery is readily explicable in models of utility that permit gambling at actuarially unfair odds. However, contrary to popular view, we show this choice cannot be explained in terms of a variance–skew trade-off.",

author = "D Peel and D Law",

year = "2009",

doi = "10.1080/13504850701320154",

language = "English",

volume = "16",

pages = "1350--4851",

journal = "Applied Economics Letters",

issn = "1350-4851",

publisher = "Routledge",

number = "10",

}

RIS

TY - JOUR

T1 - On skewness of return and buying more than one ticket in a lottery

AU - Peel, D

AU - Law, D

PY - 2009

Y1 - 2009

N2 - The purpose in this article is to demonstrate that buying more than one ticket in a lottery is readily explicable in models of utility that permit gambling at actuarially unfair odds. However, contrary to popular view, we show this choice cannot be explained in terms of a variance–skew trade-off.

AB - The purpose in this article is to demonstrate that buying more than one ticket in a lottery is readily explicable in models of utility that permit gambling at actuarially unfair odds. However, contrary to popular view, we show this choice cannot be explained in terms of a variance–skew trade-off.

U2 - 10.1080/13504850701320154

DO - 10.1080/13504850701320154

M3 - Journal article

VL - 16

SP - 1350

EP - 4851

JO - Applied Economics Letters

JF - Applied Economics Letters

SN - 1350-4851

IS - 10

ER -

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