Influence of Liquidity, Institutional Ownership & Lottery Effect on Stocks

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Academic paper

Liquidity, Favorite-Longshot Bias, and the Return of Lottery-Like Stocks

AuthorsChuan-Yang Hwang; Long Yi

Institute
  • Nanyang Technological University
  • Nanyang Business School, Nanyang Technological University
  • Hong Kong Baptist University
  • Education University of Hong Kong
  • Hong Kong Baptist University (HKBU) - Department of Finance and Decision Sciences
  • The Education University of Hong Kong

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