# Why do people play the Lottery? Make up your mind!

- Institution: Gresham College
- Speaker: Alderman Professor Michael Mainelli
- Year: 2006
- Level: For everyone
- Language: English
- Subjects: Business and management, Philosophy
- Source: [Gresham College](https://www.gresham.ac.uk/watch-now/why-do-people-play-lottery-make-your-mind)
- Licence: [Educational use (Gresham College's terms)](https://www.gresham.ac.uk/terms-and-conditions)
- Who can watch: Teens profiles and older (sources give no ratings; placed by Invisible Network from the source's own words)

It has often been said that greed and fear drive the markets. This lecture explored behavioural finance, including how human choices can have adverse economic effects, why bubbles grow and how the Nobel prize-winning Prospect Theory can help you make money from 'regression to the mean'.

## Lectures

1. [Why do people play the Lottery? Make up your mind!](https://invisiblenetwork.ai/learn/gresham/why-do-people-play-lottery-make-your-mind/09c71143ce40) (YouTube)