The Joy of Lottery Play: Evidence from a Field Experiment

Martijn Burger, Martijn Hendriks (), Emma Pleeging () and Jan (J.C.) van Ours ()
Additional contact information
Martijn Hendriks: Erasmus School of Economics
Emma Pleeging: Erasmus School of Economics
Jan (J.C.) van Ours: Erasmus School of Economics

No 18-078/V, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: We conducted a field experiment to increase our understanding of lottery participation. Using representative data for the Netherlands, we find that lottery participation increased the happiness of participants before the draw. Winning a small prize had no effect on happiness. Our results indicate that people may not only care about the outcomes of the lottery, but also enjoy the game. Accordingly, we conclude that lottery play has a utility value in itself and part of the lottery ticket is consumed before the draw.

Keywords: lottery play; happiness; field experiment (search for similar items in EconPapers)
JEL-codes: C93 I31 (search for similar items in EconPapers)
Date: 2018-10-28
New Economics Papers: this item is included in nep-exp and nep-hap
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: The joy of lottery play: evidence from a field experiment (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:tin:wpaper:20180078

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