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Please use this identifier to cite or link to this item: http://hdl.handle.net/10481/32766

Title: Direct and indirect effects of pathological gambling on risk attitudes
Authors: Brañas-Garza, Pablo
Georgantzís, Nikolaos
Guillén, Pablo
Issue Date: 2007
Abstract: We study individual decision making in a lottery-choice task performed by three different populations: gamblers under psychological treatment (äddicts"), gamblers' spouses ("victims"), and people who are neither gamblers or gamblers' spouses ("normals"). We find that addicts are willing to take less risk than normals, but the difference is smaller as a gambler's time under treatment increases. The large majority of victims report themselves unwilling to take any risk at all. However, addicts in the first year of treatment react more than other addicts to the different values of the risk-return parameter.
Sponsorship: N. Georgantzís acknowledges financial support by the Spanish Ministry of Education and Science (SEJ2005-07544/ECON) and Bancaixa. Pablo Brañas-Garza acknowledges financial support from DGICYT (SEJ2004-07554/ECON).
Publisher: Society for Judgment and Decision Making
Keywords: Risky decision making
Pathological gambling
Attraction and repulsion to chance
URI: http://hdl.handle.net/10481/32766
ISSN: 1930-2975
Citation: Brañas-Garza, P.; Georgantzís, N.; Guillen, P. Direct and indirect effects of pathological gambling on risk attitudes. Judgment and Decision Making, 2(2): 126-136 (2007). [http://hdl.handle.net/10481/32766]
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