What If We Used Dice to Decide How Much New Year's Money to Give?
Abstract
In Japan, there's a tradition called otoshidama , where children receive money as a gift from their parents and relatives during the New Year holidays. For parents, however, it can be tricky to decide just how much to give. What if we left it up to chance?
Fields of Study & Subjects
Decision-Making and Behavioral Economics
Probability and Statistical Research
Experimental Behavioral Economics Studies
Publication details
- Journal / source
- A K Peters/CRC Press eBooks
- Pages
- 58–63
- Publication date
- 17 February 2026
- Language
- EN
- Document type
- Book chapter