Casanova's lottery : the history of a revolutionary game of chance

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Casanova's lottery : the history of a revolutionary game of chance

Stephen M. Stigler

University of Chicago Press, 2022

  • : [hardback]

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注記

Includes bibliographical references (p. [229]-237) and index

内容説明・目次

内容説明

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 while being statistically guaranteed to come out on top in the long run. In adopting this framework, the French state took on risk in a way no other has, before or after. At each drawing the state was at risk of losing a large amount; what is more, that risk was precisely calculable, generally well understood, and yet taken on by the state with little more than a mathematical theory to protect it. Stephen M. Stigler follows the Loterie from its curious inception through its hiatus during the French Revolution, its renewal and expansion in 1797, and finally to its suppression in 1836, examining throughout the wider question of how members of the public came to trust in new financial technologies and believe in their value. Drawing from an extensive collection of rare ephemera, Stigler pieces together the Loterie's remarkable inner workings, as well as its implications for the nature of risk and the role of lotteries in social life over the period 1700-1950. Both a fun read and fodder for many fields, Casanova's Lottery shines new light on the conscious introduction of risk into the management of a nation-state and the rationality of playing unfair games.

目次

Introduction One Casanova Two The Genoese Lottery Three The Establishment of the Loterie Four Problems and Adjustments in the Early Drawings Five Antoine Blanquet and the Great Expansion of 1776 Six The Introduction of Bonus Numbers: Les Primes Gratuites Seven The Spread of the Loterie in Europe Eight Data Security: The Design of the Tickets Nine The Loterie and the Revolution Ten Was the Loterie Fair? Eleven Dreams and Astrology: The Bettors and the Loterie Twelve The Number 45 and the Maturity of Chances Thirteen How Much Did They Bet, and Where? Fourteen Muskets, Fine-Tuned Risk, and Voltaire Fifteen The Loterie in Textbooks and Manuals Sixteen The Suppression of the Loterie in 1836 Conclusion Acknowledgments Appendix 1. Probability Appendix 2. Laplace's Lottery Theorem References Index

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