References (44)



Lottery Traders

Meir Statman

Santa Clara University - Department of Finance

The behavior of stock traders and lottery buyers teaches us about our common aspirations, thoughts and emotions. That behavior also helps us answer the many questions of finance such as the construction of portfolios and the nature of equity premium.

Number of Pages in PDF File: 23

Keywords: Gambling, lotteries, Behavioral Finance, Trading, Cognitive Biases, Emotions, Aspirations

JEL Classification: G, G14

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Date posted: July 29, 2001  

Suggested Citation

Statman, Meir, Lottery Traders. Available at SSRN: https://ssrn.com/abstract=277158 or http://dx.doi.org/10.2139/ssrn.277158

Contact Information

Meir Statman (Contact Author)
Santa Clara University - Department of Finance ( email )
500 El Camino Real
Santa Clara, CA 95053
United States
408-554-4147 (Phone)
408-554-4029 (Fax)
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References:  44