Lottery-Related Anomalies: The Role of Reference-Dependent Preferences

• Li An

  Li An

  http://orcid.org/0000-0002-6810-5074

  PBC School of Finance, Tsinghua University, 100083 Beijing, China;

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  ,
• Huijun Wang

  Huijun Wang

  Faculty of Business and Economics, University of Melbourne, Carlton, Victoria 3010, Australia;Lerner College of Business and Economics, University of Delaware, Newark, Delaware 19716;

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  ,
• Jian Wang

  Jian Wang

  School of Management and Economics, Shenzhen Finance Institute, CUHK-Business School, The Chinese University of Hong Kong, Shenzhen, China;

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• Jianfeng Yu

  Corresponding Author

  Jianfeng Yu

  http://orcid.org/0000-0003-4309-3414

  PBC School of Finance, Tsinghua University, 100083 Beijing, China

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