Abstract
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. (C) 2016 Elsevier B.V. All rights reserved.
Original language | English |
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Pages (from-to) | 73-76 |
Number of pages | 4 |
Journal | Economics Letters |
Volume | 150 |
DOIs | |
Publication status | Published - Jan 2017 |
JEL classifications
- d44 - Auctions
- d62 - Externalities
- d64 - "Altruism; Philanthropy"
Keywords
- Charity lotteries
- Ticket sales
- Disclosure policy
- PUBLIC-GOODS
- RENT-SEEKING