As governments draw increasing revenues from the lottery industry, it has become
academically important, as well as for policy purposes, to better understand the factors that …

This research was designed to be a pilot study to primarily evaluate income elasticity of the
government lottery and analyze its movement after the introduction of the 80 Baht Lottery …

There has been a long debate on whether the expected utility model can explain lottery
purchase decision under uncertainty. The traditional strand of research, named the effective …