Literature DB >> 29878809

It's all about gains: Risk preferences in problem gambling.

Patrick Ring1, Catharina C Probst2, Levent Neyse1, Stephan Wolff3, Christian Kaernbach4, Thilo van Eimeren5, Colin F Camerer6, Ulrich Schmidt1.   

Abstract

Problem gambling is a serious socioeconomic problem involving high individual and social costs. In this article, we study risk preferences of problem gamblers including their risk attitudes in the gain and loss domains, their weighting of probabilities, and their degree of loss aversion. Our findings indicate that problem gamblers are systematically more risk taking and less sensitive toward changes in probabilities in the gain domain only. Neither their risk attitudes in the loss domain nor their degree of loss aversion are significantly different from the controls. Additional evidence for a similar degree of sensitivity toward negative outcomes is gained from skin conductance data-a psychophysiological marker for emotional arousal-in a threat-of-shock task. (PsycINFO Database Record (c) 2018 APA, all rights reserved).

Mesh:

Year:  2018        PMID: 29878809     DOI: 10.1037/xge0000418

Source DB:  PubMed          Journal:  J Exp Psychol Gen        ISSN: 0022-1015


  3 in total

1.  Discounting Behavior in Problem Gambling.

Authors:  Patrick Ring; Catharina C Probst; Levent Neyse; Stephan Wolff; Christian Kaernbach; Thilo van Eimeren; Ulrich Schmidt
Journal:  J Gambl Stud       Date:  2021-07-16

Review 2.  Structural characteristics of fixed-odds sports betting products.

Authors:  Philip W S Newall; Alex M T Russell; Nerilee Hing
Journal:  J Behav Addict       Date:  2021-04-08       Impact factor: 6.756

3.  Gambling disorder is associated with reduced sensitivity to expected value during risky choice.

Authors:  Eve H Limbrick-Oldfield; Mariya V Cherkasova; Dawn Kennedy; Caylee-Britt Goshko; Dale Griffin; Jason J S Barton; Luke Clark
Journal:  J Behav Addict       Date:  2020-11-26       Impact factor: 6.756

  3 in total

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