The optimal structure of lotto games

Authors

  • Orrin David Gulley Bentley University

DOI:

https://doi.org/10.17811/ebl.7.4.2018.156-161

Abstract

Operators of state-owned lottery games generally attempt to set the parameters of the game(s) to maximize revenue to the state. This paper discusses the state of the literature on how to set the parameters of a lotto game so as to accomplish this objective.

Author Biography

Orrin David Gulley, Bentley University

Economics

References

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Published

23-11-2018

How to Cite

Gulley, O. D. (2018). The optimal structure of lotto games. Economics and Business Letters, 7(4), 156–161. https://doi.org/10.17811/ebl.7.4.2018.156-161

Issue

Vol. 7 No. 4 (2018): December - Special Issue Gambling Economics and Management

Section

Special Section

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