Who gambles in the stock market

who gambles in the stock market

This study shows that the propensity to gamble and investment decisions are cor- related. bling behavior in other settings, including the stock market. Using the five lottery-type stock preference measures, I find that about 34 to 39% of investors hold lottery-type stocks at least once during the sample period. ABSTRACT. This study shows that the propensity to gamble and investment decisions are correlated. At the aggregate level, individual.

Who gambles in the stock market Video

The Stock Market - Is It Gambling? Options for accessing this content: Here is how to contribute. Subscribe to this free journal for more curated articles on this topic. Who Gambles in the Stock Spiele kostenlos com Read our cookies policy to learn. Quick Links Research Paper Series Conference Papers Partners in Publishing Organization Homepages Newsletter Sign Up. This page was processed by apollo4 in 0. Further, lottery investment levels are higher in regions with favorable lottery environments. EFA Moscow Meetings Paper. Evidence from Stock Splits and Headquarters Changes. Local Business Cycles and Local Liquidity. Series data maintained by Wiley-Blackwell Digital Licensing Obfuscate 'wiley. Because lottery-type stocks underperform, gambling-related underperformance is greater among low-income investors who excessively overweight lottery-type stocks. who gambles in the stock market Alok Kumar Journal of Finance , , vol. EconPapers Home About EconPapers Working Papers Journal Articles Books and Chapters Software Components Authors JEL codes New Economics Papers Advanced Search. Login via OpenAthens or Search for your institution's name below to login via Shibboleth. What is Behavioral Finance? Who gambles in the stock market? To decline or learn more, visit our Cookies page. You are currently viewing this paper. Individual investors, lottery-type stocks, skewness preference, gambling. Who gambles in the stock market? By George Korniotis and Alok Kumar.

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Evidence from China's Stock Market, International Review of Finance , Wiley Online Library 9 Angel Zhong , Idiosyncratic volatility in the Australian equity market, Pacific-Basin Finance Journal , CrossRef 10 Angie Andrikogiannopoulou , Filippos Papakonstantinou , Individual Reaction to Past Performance Sequences: Market Efficiency eJournal Subscribe to this fee journal for more curated articles on this topic FOLLOWERS. Alok Kumar Contact Author University of Miami - School of Business Administration email Jenkins Building Department of Finance Coral Gables, FL United States Phone HOME PAGE: An error occurred while rendering template. Here are the instructions how to enable JavaScript in your web browser.

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