Gresham College Lectures

Why do people play the Lottery? Make up your mind!

• Gresham College

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0:00 | 57:19
It has often been said that greed and fear drive the markets. This lecture explored behavioural finance, including how human choices can have adverse economic effects, why bubbles grow and how the Nobel prize-winning Prospect Theory can help you make money from 'regression to the mean'.

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