Sehgal, Sanjay; Vasishth, Vibhuti; Deisting, Florent - In: Borsa Istanbul Review 24 (2024) 3, pp. 449-459
This study examines important aspects of lottery behavior in India using data from December 2001 to March 2021. We experiment with a new measure of lottery along with well-established measures. Our lottery measure focusing on more recent information is found to be appropriate for India. MAX has...