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Lyons, Charles A. – Psychological Record, 2013
Demand for public games of chance was examined over a 24-year period, across various contexts of the prevailing gaming environment that included significant political and economic events. Lottery sales trends revealed devaluation of large jackpots beyond that due to inflation as they became more common, with the steepest discounting in the…
Descriptors: Consumer Economics, Games, Economic Climate, Habituation