Arbeitspapier

Chasing rainbows: On the relationship between lottery tickets and common stocks

zu Verbundenen Objekten

This paper analyses the relationship between lottery tickets and common stocks using cross sectional household data for the U.K. and Germany. In contrast to a previous empirical finding that predicts a complementary effect and nonexpected utility models that predict a substitutional effect, we find that lottery tickets purchases and stock market investments are independent.

Sprache
Englisch

Erschienen in
Series: Thünen-Series of Applied Economic Theory - Working Paper ; No. 129

Klassifikation
Wirtschaft
Portfolio Choice; Investment Decisions
Consumer Economics: Empirical Analysis

Ereignis
Geistige Schöpfung
(wer)
Johansen, Kathrin
Singer, Nico
Ereignis
Veröffentlichung
(wer)
Universität Rostock, Institut für Volkswirtschaftslehre
(wo)
Rostock
(wann)
2012

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Johansen, Kathrin
  • Singer, Nico
  • Universität Rostock, Institut für Volkswirtschaftslehre

Entstanden

  • 2012

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