{"id":"https://openalex.org/W3122639732","doi":null,"title":"Extending the Mean-Variance Framework to Test the Attractiveness of Skewness in Lotto Play","display_name":"Extending the Mean-Variance Framework to Test the Attractiveness of Skewness in Lotto Play","publication_year":1997,"publication_date":"1997-01-01","ids":{"openalex":"https://openalex.org/W3122639732","mag":"3122639732"},"language":"en","primary_location":{"id":"mag:3122639732","doi":null,"is_oa":false,"landing_page_url":"https://tcd.ie/economics/tep/1997/1997 technical papers/974.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5053637599","display_name":"Catriona Pur","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Catriona Pur","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5091010946","display_name":"Patrick Waldron","orcid":"https://orcid.org/0009-0008-4981-2110","observed_orcids":["https://orcid.org/0009-0008-4981-2110"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Patrick Waldron","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0009-0008-4981-2110","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":1,"citation_normalized_percentile":{"value":0.31598985,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":94},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9848999977111816,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.9848999977111816,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11705","display_name":"Gambling Behavior and Treatments","score":0.00430000014603138,"subfield":{"id":"https://openalex.org/subfields/3203","display_name":"Clinical Psychology"},"field":{"id":"https://openalex.org/fields/32","display_name":"Psychology"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.002899999963119626,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/mean-variance-analysis","display_name":"mean-variance analysis","score":0.6899999976158142},{"id":"https://openalex.org/keywords/skewness","display_name":"skewness","score":0.9549999833106995},{"id":"https://openalex.org/keywords/lotto","display_name":"lotto","score":0.7590000033378601},{"id":"https://openalex.org/keywords/gambling-demand","display_name":"gambling demand","score":0.7580000162124634},{"id":"https://openalex.org/keywords/lottery-sales","display_name":"lottery sales","score":0.5460000038146973},{"id":"https://openalex.org/keywords/prize-allocation","display_name":"prize distribution","score":0.6019999980926514},{"id":"https://openalex.org/keywords/risk-preferences","display_name":"risk preferences","score":0.5789999961853027},{"id":"https://openalex.org/keywords/demand-function","display_name":"demand function","score":0.5590000152587891}],"concepts":[{"id":"https://openalex.org/C122342681","wikidata":"https://www.wikidata.org/wiki/Q330828","display_name":"Skewness","level":2,"score":0.9111864566802979},{"id":"https://openalex.org/C196083921","wikidata":"https://www.wikidata.org/wiki/Q7915758","display_name":"Variance (accounting)","level":2,"score":0.7222259640693665},{"id":"https://openalex.org/C2780586970","wikidata":"https://www.wikidata.org/wiki/Q1357284","display_name":"Popularity","level":2,"score":0.6599960327148438},{"id":"https://openalex.org/C31173074","wikidata":"https://www.wikidata.org/wiki/Q2632514","display_name":"Attractiveness","level":2,"score":0.6583881378173828},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.5804407596588135},{"id":"https://openalex.org/C33676613","wikidata":"https://www.wikidata.org/wiki/Q13415176","display_name":"Dimension (graph theory)","level":2,"score":0.5681266188621521},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5313777327537537},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.3684385418891907},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.34381556510925293},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.2377375066280365},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.12838727235794067},{"id":"https://openalex.org/C11171543","wikidata":"https://www.wikidata.org/wiki/Q41630","display_name":"Psychoanalysis","level":1,"score":0.0},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.0},{"id":"https://openalex.org/C202444582","wikidata":"https://www.wikidata.org/wiki/Q837863","display_name":"Pure mathematics","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"mag:3122639732","doi":null,"is_oa":false,"landing_page_url":"https://tcd.ie/economics/tep/1997/1997 technical papers/974.pdf","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":22,"referenced_works":["https://openalex.org/W58744806","https://openalex.org/W133048750","https://openalex.org/W1494323575","https://openalex.org/W1525635855","https://openalex.org/W1538888333","https://openalex.org/W1544514016","https://openalex.org/W1963593775","https://openalex.org/W1965387604","https://openalex.org/W1966563212","https://openalex.org/W2006748106","https://openalex.org/W2009786883","https://openalex.org/W2025611071","https://openalex.org/W2027182904","https://openalex.org/W2027767795","https://openalex.org/W2056099148","https://openalex.org/W2093613276","https://openalex.org/W2133461884","https://openalex.org/W2158713035","https://openalex.org/W2160683585","https://openalex.org/W2180964590","https://openalex.org/W3125953654","https://openalex.org/W3139269145"],"related_works":["https://openalex.org/W7099779909","https://openalex.org/W7009494182","https://openalex.org/W1979992555","https://openalex.org/W6980099172","https://openalex.org/W3123700015","https://openalex.org/W1840833154","https://openalex.org/W2043402680","https://openalex.org/W7015350385","https://openalex.org/W3124374489","https://openalex.org/W3125654332"],"abstract_inverted_index":{"Economic":[0],"theory":[1,57],"proposes":[2],"that":[3],"consumers":[4],"are":[5],"primarily":[6],"concerned":[7],"with":[8],"increasing":[9],"the":[10,14,17,22,33,48,56,75,78],"mean":[11],"and":[12,37,82],"reducing":[13],"variance":[15],"of":[16,35,40,47,58,71,80],"payowhen":[18],"choosing":[19],"between":[20],"products":[21],"return":[23],"to":[24,31,63],"which":[25],"is":[26],"uncertain.":[27],"This":[28],"approach":[29],"fails":[30],"explain":[32],"popularity":[34],"Lotto":[36,49,72],"other":[38],"forms":[39],"gambling.":[41],"The":[42],"highly":[43],"skewed":[44],"prize":[45],"distribution":[46],"game":[50],"suggests":[51],"a":[52,65,87],"case":[53,76],"for":[54,77],"extending":[55],"choice":[59],"in":[60,86],"mean-variance":[61],"space":[62],"include":[64],"third":[66],"dimension,":[67],"skewness.":[68],"Empirical":[69],"examination":[70],"sales":[73],"supports":[74],"inclusion":[79],"skewness":[81],"other,":[83],"non-monetary,":[84],"variables":[85],"demand":[88],"function.":[89]},"counts_by_year":[{"year":2012,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2021-02-01T00:00:00"}
