Does it pay to bet on your favourite to win? Evidence on experienced utility from the 2018 FIFA World Cup experiment
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DOI: 10.1016/j.jebo.2020.01.006
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- Kossuth, Lajos & Powdthavee, Nattavudh & Harris, Donna & Chater, Nick, 2019. "Does It Pay to Bet on Your Favourite to Win? Evidence on Experienced Utility from the 2018 FIFA World Cup Experiment," IZA Discussion Papers 12589, Institute of Labor Economics (IZA).
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Cited by:
- Stadler Blank, Ashley & Loveland, Katherine E. & Houghton, David M., 2021. "Game changing innovation or bad beat? How sports betting can reduce fan engagement," Journal of Business Research, Elsevier, vol. 134(C), pages 365-374.
- Adam Brandenburger & Paolo Ghirardato & Daniele Pennesi & Lorenzo Stanca, 2024. "Event Valence and Subjective Probability," Carlo Alberto Notebooks 717 JEL Classification: D, Collegio Carlo Alberto.
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More about this item
Keywords
Hedging; Happiness; Social identity; Wellbeing; World cup; Experienced utility;All these keywords.
JEL classification:
- G41 - Financial Economics - - Behavioral Finance - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making in Financial Markets
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
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