The Lottery Effect — Why investors get attracted to beaten down

lottery effect
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The skewness effect in commodities is related to research about lottery-like stocks Stocks with such characteristics are well-researched and for example, Bali,

Raising funding can have the same effect as winning the lottery Those who raise funding are both exhausted and exuberant  effect that under the first part of Section 2 of the Act of 1802 , a place could not be kept for the purpose of exercising a lottery on one occasion only

nagaland state lottery dear night result Our evidence indicates that investors' preference for lottery stocks and short-sale constraint have a significant impact on the upside-ST ( Lottery Effect Read as an article: postthe-lottery-effect-how-penny