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Casanova's Lottery: The History of a Revolutionary Game of Chance

By Stephen M. Stigler
Paperback
$22.50
By Stephen M. Stigler
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The fascinating story of an important lottery that flourished in France from 1757 to 1836 and its role in transforming our understanding of the nature of risk.

In the 1750s, at the urging of famed adventurer Giacomo Casanova, the French state began to embrace risk in adopting a new Loterie. The prize amounts paid varied, depending on the number of tickets bought and the amount of the bet, as determined by each individual bettor. The state could lose money on any individual Loterie drawing w...

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