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《Journal of Hebei University of Economics and Trade》 2000-06
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The Economic Analysis on Lottery

WU Yong-sheng  
According to traditional economic theory,people are risk-averse,but in reality,the great interest of buying lottery gives some suspicion on risk-averse theory,although it's only a delusion. This article gives its analysis on China's lottery market and the behavior of buying lottery. In our opinion, the difference between risk-averse and risk-love is relative,in an absolute risk controllable extent,people would make some risk investment,this will improve their utility function.
【CateGory Index】: F06
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【Co-citations】
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