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The United Kingdom National Lottery is a member of a lottery block that offers a weekly lotto game, known as EuroMillions, for which tickets are now sold across nine countries. The paper examines whether the game has cannibalised sales in the pre-existing national lotto game and whether, with...
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In this paper we present a method for performing regression with stable disturbances. The method of maximum likelihood is used to estimate both distribution and regression parameters. Our approach utilises a numerical integration procedure to calculate the stable density, followed by sequential...
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