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《Chinese Journal of Management》 2009-01
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Analysis of Prices System and Supply & Demand of Lottery Market in China

GUO Junpeng LI Wenhua LIU Yalin (Tianjin University,Tianjin,China)  
Lottery price is constant different from common commodity.The prices system of lottery is established to analyze the supply and demand functions of lottery,including sell price,expected value and valid price.Supply and demand functions of lottery are founded when considering the valid price.According to the expected value theory of statistics,the expected value of lottery was calculated.The supply function is gained,which is characterized from descending to ascending.The demand function of lottery is obtained by regression analysis,which represents descending.Chinese Double-color lottery market was empirically researched.Their supplies function and demand function were estimated.The equilibrium analysis and elasticity analysis of lottery market were made.The strategy of developing Chinese lottery industry is also proposed.
【Fund】: 国家社会科学基金资助项目(06CZZ012)
【CateGory Index】: F832.48;F224
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【Citations】
Chinese Journal Full-text Database 1 Hits
1 WEI Lu (Department of Public Finance, Shanghai University of Finance and Economics,Shanghai, China, 200433);The Equilibrium Analysis of the Lottery Market[J];THE STUDY OF FINANCE AND ECONOMICS;2000-09
【Co-citations】
Chinese Journal Full-text Database 1 Hits
1 WAN Hong yan (School of Business and Management, University of Science and Technology of China, Hefei 230052, China);Problems and advice of lottery tickets industry in China[J];Journal of Hefei University of Technolog(Social Sciences);2001-04
【Secondary Citations】
Chinese Journal Full-text Database 5 Hits
1 YANG Guiyuan(Department of Information&Computing Science,Anhui Institute of Finance & Trade,Bengbu 233041,China);A Statistical Analysis of the Numbers of Sports Lottery in Anhui[J];Finance and Trade Research;2004-01
2 WANG Hong-jian~1, FANG Guo-xin~2(1. College of Mathematics and Computer Science, Fuzhou University, Fuzhou, Fujian 350002, China; 2. College of Information, Beijing Foreign Economy and Trade University, Beijing 100029, China);Nonlinear programming model of best sale rule of lottery[J];Journal of Fuzhou University(Natural Sciences Edtion);2004-03
3 ZHU Tong, YU Hui (Institute of Industrial Economics CASS, Beijing 100836, China);Characteristics of Competition and Regulation System Reformation of Lottery Industry in China[J];China Industrial Economy;2004-04
4 WANG Jin-shan~1, REN Bei~2, PAN Dong~1(1.Dept. of Basic Course, Artillery Academy of PLA, Hefei 230031, China; 2.School of Science, Hefei University of Technology, Hefei 230009, China);Analysis of an optimum strategy in the battle of Trfalgar[J];Journal of Hefei University of Technology(Natural Science);2005-02
5 YANG Yinhai(School of Economics & Business Administration, Beijing Normal University, Beijing, 100875, China);Status Quo, Problems and Advice of Lottery Industry in China[J];Journal of Nanjing Institute of Economics;2003-01
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