A lottery within a lottery? An examination of the distribution of lottery funds in England

Gripaios, Peter; Bishop, Paul; Brand, Steven

doi:10.1080/00036840701564426

Cited by 1 publication

(1 citation statement)

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“…Feehan and Forrest (2007) and Stranahan and Borg (2004) find that wealthy individuals and regions tend to benefit disproportionally from money earmarked towards cultural programs and education, potentially exacerbating the regressivity of the revenue side of lotteries. Gripaios, Bishop and Brand (2010) and Campbell and Finney (2005) note that inequalities in the distribution of lottery proceeds are not limited to income levels but also apply to geography and race, although both studies suggest that inequalities in lotteries on the expenditure side are either non-existent or at least less severe than inequalities on the revenue side.…”

Section: Public Finance: Incidence Equity and Externalities Of Lottmentioning

confidence: 99%

The Economics Of Lotteries: A Survey Of The Literature

Grote¹,

Matheson²

2013

The Oxford Handbook of the Economics of Gambling

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This chapter surveys the literature on the economics of lotteries and is organized around two central themes. The first section examines the microeconomic aspects of lotteries, including consumer decision-making under uncertainty, price and income elasticities of demand for lottery tickets, cross-price elasticities of lottery tickets to each other and to other gambling products, consumer rationality and gambling, and the efficiency of lottery markets. The second section covers topics related to public finance and public choice, including the revenue potential of lotteries, the tax efficiency and dead-weight loss of lottery games, the horizontal and vertical equity of lotteries, earmarking and the fungibility of lottery revenues, and individual state decisions to participate in participate in public lotteries.

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