904 KB, PDF document
Research output: Working paper
Research output: Working paper
}
TY - UNPB
T1 - How much of a problem is problem gambling?
AU - Pryce, Rob
AU - Walker, Ian
AU - Wheeler, Rhys
PY - 2017/4
Y1 - 2017/4
N2 - Problem gambling is conventionally defined by the score in a specific questionnaire exceeding some critical value and data suggests is that 0.7% of adults in the UK could be afflicted. However, the literature has not evaluated the size of the harm associated with such an affliction and this research evaluates the effect of problem gambling on self-reported well-being which, together with a corresponding effect of income on well-being, allows us to construct a money-metric of the (self) harm associated with being a problem gambler. Our estimates suggest that problem gambling imposes a very large reduction in individual well-being.
AB - Problem gambling is conventionally defined by the score in a specific questionnaire exceeding some critical value and data suggests is that 0.7% of adults in the UK could be afflicted. However, the literature has not evaluated the size of the harm associated with such an affliction and this research evaluates the effect of problem gambling on self-reported well-being which, together with a corresponding effect of income on well-being, allows us to construct a money-metric of the (self) harm associated with being a problem gambler. Our estimates suggest that problem gambling imposes a very large reduction in individual well-being.
KW - gambling
KW - lotto
KW - problem gambling
KW - well-being
M3 - Working paper
T3 - Economics Working Paper Series
BT - How much of a problem is problem gambling?
PB - Lancaster University, Department of Economics
CY - Lancaster
ER -