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The Equilibrium Analysis of the Lottery Market

WEI Lu (Department of Public Finance, Shanghai University of Finance and Economics,Shanghai, China, 200433)  
Using the lottery market in Shanghai as an example,this paper analyzes the equilibrium of the lottery market from its supply and demand. The supply curve depends on the design of the game rule, the demand curve depends on the funning derived from buying the lottery and its effective price, and the equilibrium is decided by them together. And this paper puts forward some policy implications for maximizing the sale revenue according to our equilibrium analysis of the lottery market.
【CateGory Index】: F810
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Chinese Journal Full-text Database 3 Hits
1 GUO Junpeng LI Wenhua LIU Yalin (Tianjin University,Tianjin,China);Analysis of Prices System and Supply & Demand of Lottery Market in China[J];Chinese Journal of Management;2009-01
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1 KONG Wen-qing (Department of Sports,Anshan Normal University,Anshan Liaoning 114005,china);Theoretics Research on Sports Lottery[J];Journal of Anshan Teachers College;2002-01
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