Abstract
This paper proposes an historical analysis of lottery linked financial assets. We show that these kind of assets are very famous and are able to raise a huge amount of money even when their expected return is relatively low. In some cases, they can be considered as a really cheap source of fund. In this study, we learn about these historical experiences while underlining how these lottery linked financial assets could be used to develop public savings.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.