Replication data for: Gambling at Lucky Stores: Empirical Evidence from State Lottery Sales
Principal Investigator(s): View help for Principal Investigator(s) Jonathan Guryan; Melissa S. Kearney
Version: View help for Version V1
Name | File Type | Size | Last Modified |
---|---|---|---|
AER-replication-files | 10/12/2019 08:17:AM | ||
|
text/plain | 14.6 KB | 10/12/2019 04:17:AM |
Project Citation:
Guryan, Jonathan, and Kearney, Melissa S. Replication data for: Gambling at Lucky Stores: Empirical Evidence from State Lottery Sales. Nashville, TN: American Economic Association [publisher], 2008. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113235V1
Project Description
Summary:
View help for Summary
We show that the week after selling a large-prize Texas Lotto winning ticket, a retailer experiences a 12 to 38 percent relative increase in ticket sales. Some increase persists for up to 40 weeks. We document that the sales response increases with jackpot size and is larger in areas with more economically disadvantaged populations. Sales patterns across games and across retailers are not consistent with most advertising explanations. Furthermore, response patterns are not consistent with representativeness-based explanations for the hot hand or gambler's fallacy; we suggest an alternative explanation for the observed "lucky store" effect. (JEL H27, H71)
Scope of Project
JEL Classification:
View help for JEL Classification
H27 Taxation, Subsidies, and Revenues: Other Sources of Revenue
H71 State and Local Taxation, Subsidies, and Revenue
H27 Taxation, Subsidies, and Revenues: Other Sources of Revenue
H71 State and Local Taxation, Subsidies, and Revenue
Related Publications
Published Versions
Report a Problem
Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.
This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.