Number preferences in lotteries
Wang, Tong V. and Potter van Loon, Rogjer J.D. and van den Assem, Martijn J. and van Dolder, Dennie (2016) Number preferences in lotteries. Judgment and Decision Making, 11 (3). pp. 243-259. ISSN 1930-2975
Official URL: http://journal.sjdm.org/vol11.3.html
We explore people's preferences for numbers in large proprietary data sets from two different lottery games. We find that choice is far from uniform, and exhibits some familiar and some new tendencies and biases. Players favor personally meaningful and situationally available numbers, and are attracted towards numbers in the center of the choice form. Frequent players avoid winning numbers from recent draws, whereas infrequent players chase these. Combinations of numbers are formed with an eye for aesthetics, and players tend to spread their numbers relatively evenly across the possible range.
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