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
Date posted: July 29, 2001