Title Direct and indirect effects of pathological gambling on risk attitudes
Authors BRAÑAS GARZA, PABLO ERNESTO, Georgantzis, Nikolaos , Guillen, Pablo
External publication Si
Means JUDGMENT AND DECISION MAKING
Scope Article
Nature Científica
Publication date 01/04/2007
ISI 000259229600005
Abstract We study individual decision making in a lottery-choice task performed by three different populations: gamblers under psychological treatment ("addicts"), 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.
Keywords risky decision making; pathological gambling; attraction and repulsion to chance
Universidad Loyola members

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