Savings and Lottery: An Historical Approach (Le Mariage Efficace De L'Épargne Et Du Jeu: Une Approche Historique)

19 Pages Posted: 7 Jun 2009 Last revised: 8 Jul 2009

See all articles by Marie Pfiffelmann

Marie Pfiffelmann

EM Strasbourg.University of Strasbourg. LARGE

Date Written: May 26, 2009

Abstract

This paper proposes an historical analysis of lottery linked financial assets. We show that these kind of assets are very famous and are able to raise a huge amount of money even when their expected return is relatively low. In some cases, they can be considered as a really cheap source of fund. In this study, we learn about these historical experiences while underlining how these lottery linked financial assets could be used to develop public savings.

Note: Downloadable document is in French.

Keywords: jeu, épargne, asymétrie positive, Ancien Régime

JEL Classification: G20, B15

Suggested Citation

Pfiffelmann, Marie, Savings and Lottery: An Historical Approach (Le Mariage Efficace De L'Épargne Et Du Jeu: Une Approche Historique) (May 26, 2009). Available at SSRN: https://ssrn.com/abstract=1410085 or http://dx.doi.org/10.2139/ssrn.1410085

Marie Pfiffelmann (Contact Author)

EM Strasbourg.University of Strasbourg. LARGE ( email )

61, avenue de la Forêt Noire
F-67085 Strasbourg Cedex
France

HOME PAGE: http://ifs.u-strasbg.fr/large/pagesperso/affinfos.php3?id=37

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
74
Abstract Views
1,048
rank
429,321
PlumX Metrics