Better Knowledge Need Not Affect Behavior

• Tác giả: Juliane Zenker
• Ngôn ngữ: eng
• Ký hiệu phân loại: 121.2 Possibility and limits of knowledge
• Thông tin xuất bản: Published by Oxford University Press on behalf of the World Bank, 2020
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 303063
• Chủ đề: 1. FIELD EXPERIMENT; 2. INFORMATION INTERVENTION; 3. LOTTERY

Tóm tắt

Many households in developing countries spend substantial amounts on lottery tickets but have only poor knowledge about the properties of the game and hold upwardly biased beliefs on the prospects of winning. To test whether more accurate knowledge reduces lottery participation, households in rural Thailand were informed, in a randomized intervention, on the actual probability distribution of the Thai Government Lottery. This indeed led to a better knowledge about the Thai Government Lottery in the treatment group. However, the improved knowledge did not (substantially) affect the willingness to pay for lottery tickets.