Better Knowledge Need Not Affect Behavior : A Randomized Evaluation of the Demand for Lottery Tickets in Rural Thailand

Many households in developing countries spend substantial amounts on lottery tickets but have only poor knowledge about the properties of the game and hold upwardly biased beliefs on the prospects of winning. To test whether more accurate knowledge reduces lottery participation, households in rural...

Full description

Bibliographic Details
Main Authors:	Zenker, Juliane, Wagener, Andreas, Vollmer, Sebastian
Format:	Journal Article
Published:	Published by Oxford University Press on behalf of the World Bank 2020
Subjects:	INFORMATION INTERVENTION LOTTERY FIELD EXPERIMENT
Online Access:	http://hdl.handle.net/10986/33527

id	okr-10986-33527
recordtype	oai_dc
spelling	okr-10986-335272021-05-25T10:54:42Z Better Knowledge Need Not Affect Behavior : A Randomized Evaluation of the Demand for Lottery Tickets in Rural Thailand Zenker, Juliane Wagener, Andreas Vollmer, Sebastian INFORMATION INTERVENTION LOTTERY FIELD EXPERIMENT Many households in developing countries spend substantial amounts on lottery tickets but have only poor knowledge about the properties of the game and hold upwardly biased beliefs on the prospects of winning. To test whether more accurate knowledge reduces lottery participation, households in rural Thailand were informed, in a randomized intervention, on the actual probability distribution of the Thai Government Lottery. This indeed led to a better knowledge about the Thai Government Lottery in the treatment group. However, the improved knowledge did not (substantially) affect the willingness to pay for lottery tickets. 2020-04-03T16:29:20Z 2020-04-03T16:29:20Z 2018-10 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/33527 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	INFORMATION INTERVENTION LOTTERY FIELD EXPERIMENT
spellingShingle	INFORMATION INTERVENTION LOTTERY FIELD EXPERIMENT Zenker, Juliane Wagener, Andreas Vollmer, Sebastian Better Knowledge Need Not Affect Behavior : A Randomized Evaluation of the Demand for Lottery Tickets in Rural Thailand
description	Many households in developing countries spend substantial amounts on lottery tickets but have only poor knowledge about the properties of the game and hold upwardly biased beliefs on the prospects of winning. To test whether more accurate knowledge reduces lottery participation, households in rural Thailand were informed, in a randomized intervention, on the actual probability distribution of the Thai Government Lottery. This indeed led to a better knowledge about the Thai Government Lottery in the treatment group. However, the improved knowledge did not (substantially) affect the willingness to pay for lottery tickets.
format	Journal Article
author	Zenker, Juliane Wagener, Andreas Vollmer, Sebastian
author_facet	Zenker, Juliane Wagener, Andreas Vollmer, Sebastian
author_sort	Zenker, Juliane
title	Better Knowledge Need Not Affect Behavior : A Randomized Evaluation of the Demand for Lottery Tickets in Rural Thailand
title_short	Better Knowledge Need Not Affect Behavior : A Randomized Evaluation of the Demand for Lottery Tickets in Rural Thailand
title_full	Better Knowledge Need Not Affect Behavior : A Randomized Evaluation of the Demand for Lottery Tickets in Rural Thailand
title_fullStr	Better Knowledge Need Not Affect Behavior : A Randomized Evaluation of the Demand for Lottery Tickets in Rural Thailand
title_full_unstemmed	Better Knowledge Need Not Affect Behavior : A Randomized Evaluation of the Demand for Lottery Tickets in Rural Thailand
title_sort	better knowledge need not affect behavior : a randomized evaluation of the demand for lottery tickets in rural thailand
publisher	Published by Oxford University Press on behalf of the World Bank
publishDate	2020
url	http://hdl.handle.net/10986/33527
_version_	1764478959415721984

Better Knowledge Need Not Affect Behavior : A Randomized Evaluation of the Demand for Lottery Tickets in Rural Thailand

Similar Items