  Based on the probability distributions of products of random variables, we
propose a simple stringy mechanism that prefers the meta-stable vacua with a
small cosmological constant. We state some relevant properties of the
probability distributions of functions of random variables. We then illustrate
the mechanism within the flux compactification models in Type IIB string
theory. As a result of the stringy dynamics, we argue that the generic
probability distribution for the meta-stable vacua typically peaks with a
divergent behavior at the zero value of the cosmological constant. However, its
suppression in the single modulus model studied here is modest.
