We show that a policy of disclosing the ticket sales during a fundraising lottery raises total revenue when there are more than two bettors. The optimal timing of the disclosure is when about half of the players have purchased lottery tickets.
|Publisher||Maastricht University, Graduate School of Business and Economics|
|Publication status||Published - 2016|
|Series||GSBE Research Memoranda|
- d44 - Auctions
- d62 - Externalities
- d64 - "Altruism; Philanthropy"
- Charity lotteries
- Ticket sales
- Disclosure policy