Abstract
Using data from the Family Expenditure Survey, this paper analyses participation in, and expenditure on, the UK National Lottery by individuals for the period 1995/1996 to 1999/2000. Probit and truncated Tobit models are employed in a two part estimation. The results highlight the importance of gender, age, education, marital status and occupation in individual participation and expenditure decisions.
| Original language | English |
|---|---|
| Pages (from-to) | 769-773 |
| Number of pages | 5 |
| Journal | Applied Economics Letters |
| Volume | 9 |
| Issue number | 12 |
| DOIs | |
| Publication status | Published - 10 Oct 2002 |
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