Artikel
Discounting Behavior in Problem Gambling
Problem gamblers discount delayed rewards more rapidly than do non-gambling controls. Understanding this impulsivity is important for developing treatment options. In this article, we seek to make two contributions: First, we ask which of the currently debated economic models of intertemporal choice (exponential versus hyperbolic versus quasi-hyperbolic) provides the best description of gamblers’ discounting behavior. Second, we ask how problem gamblers differ from habitual gamblers and non-gambling controls within the most favored parametrization. Our analysis reveals that the quasi-hyperbolic discounting model is strongly favored over the other two parametrizations. Within the quasi-hyperbolic discounting model, problem gamblers have both a significantly stronger present bias and a smaller long-run discount factor, which suggests that gamblers’ impulsivity has two distinct sources.
- Sprache
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Englisch
- Erschienen in
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Journal: Journal of Gambling Studies ; ISSN: 1573-3602 ; Volume: 38 ; Year: 2022 ; Issue: 2 ; Pages: 529-543 ; Berlin: Springer
- Klassifikation
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Wirtschaft
- Thema
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time preferences
discounting
risk
incentives
gambling
- Ereignis
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Geistige Schöpfung
- (wer)
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Ring, Patrick
Probst, Catharina C.
Neyse, Levent
Wolff, Stephan
Kaernbach, Christian
van Eimeren, Thilo
Schmidt, Ulrich
- Ereignis
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Veröffentlichung
- (wer)
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Springer
- (wo)
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Berlin
- (wann)
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2022
- DOI
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doi:10.1007/s10899-021-10054-x
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Ring, Patrick
- Probst, Catharina C.
- Neyse, Levent
- Wolff, Stephan
- Kaernbach, Christian
- van Eimeren, Thilo
- Schmidt, Ulrich
- Springer
Entstanden
- 2022