Losers distribution, with applications to financial inclusion: Lightning can strike twice, but it may not strike at all
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- Zeelenberg, Marcel & Pieters, Rik, 2004. "Consequences of regret aversion in real life: The case of the Dutch postcode lottery," Organizational Behavior and Human Decision Processes, Elsevier, vol. 93(2), pages 155-168, March.
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More about this item
Keywords
Financial Exclusion; Inequality; Financial Market Failure; Income Distribution; Poverty; Lotteries;All these keywords.
JEL classification:
- O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
- C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
- G1 - Financial Economics - - General Financial Markets
- H4 - Public Economics - - Publicly Provided Goods
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FLE-2019-04-22 (Financial Literacy and Education)
- NEP-MFD-2019-04-22 (Microfinance)
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