Please use this identifier to cite or link to this item: https://scholar.utcc.ac.th/handle/6626976254/634
Title: Thai Consumption Behavior of State Lottery – Underground Lottery
Authors: Thairungroj, Sauwanee 
Potong, Preeda 
Ruktham, Watit 
Issue Date: 2006
Publisher: University of the Thai Chamber of Commerce
University of the Thai Chamber of Commerce
Source: Sauwanee Thairungroj, Preeda Potong, Watit Ruktham (2006) Thai Consumption Behavior of State Lottery – Underground Lottery.
Abstract: This paper aims to study Thai Consumption Behavior of State Lottery – Underground Lottery. It explores 3 key questions: first, whether the state lottery can substitute for the underground lottery. Second, weather the Thai consumers are addicted to lottery and third, weather the addiction is rational or myopic. This study used time-series data of the total sales of the state lottery in each drawing from the Government Lottery Office. Cross-section data used is primary data collected from 1,660 samples nationwide from 3rd week of December 2006 to 4th week of March 2007.The model used in this study is Becker &Murphy’s “Theory of Rational Addiction”. The results are that state lottery can substitute for the underground lottery. For addiction issues, it is found that consumers are addicted to both state lottery and underground lottery and the addiction is more rational than myopic.
URI: https://scholar.utcc.ac.th/handle/6626976254/634
Rights: This work is protected by copyright. Reproduction or distribution of the work in any format is prohibited without written permission of the copyright owner.
Appears in Collections:EC: Research Reports

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