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Wei Shang-Jin Xiaobo Zhang and Yin Liu Status competition and housing prices NBER Working paper 2012. 4 2011 1101-1117. Hirshleifer David A. Ming Jian and Huai Zhang Superstition and Financial Decision Making Working paper University of California Irvine 2012. Apparently the Chinese vary in their definition of which numbers are lucky. Shum et al. 2014 defined both 6 and 8 as lucky while Hirshleifer et al. 2012 considered 6 8 and 9 to be lucky. SERIES PAPER DISCUSSION IZA DP No. 9899...

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Superstition conspicuous spending refers to the belief or practice of spending money on items or activities in order to bring good luck or ward off bad luck.

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To fill out superstition conspicuous spending, individuals or organizations need to provide detailed information about the money spent on superstitious items or activities.

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The purpose of superstition conspicuous spending is often to fulfill cultural or personal beliefs, bring luck, or protect against negative energies.

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Information such as the amount spent, the items purchased, and the reason for the spending must be reported on superstition conspicuous spending forms.

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