"Let's make a deal": from TV shows to identifying trends - Quantdare

How about trying to find any use of the famous Monty Hall problem in a stock index context? First of all, some of you may be confused because neither "Monty Hall problem" nor "Let's make a deal" are familiar to you so I will refresh you what these names are concerned to. Monty Hall was a TV presenter for "Let's make a deal", a famous American show in the sixties. Suppose you're on this game show and you're given the choice of three doors: behind one door there is a prize; behind the others, there is nothing. You pick a door, say number 1, and the host, who knows what's behind the doors, opens another door, say number 3, which results to be empty.