Understanding the influence of guilt, loss and self-awareness on gambling behaviour

Anna Bussu (), Claudio Detotto and Peter Leadbetter ()
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Anna Bussu: Edge Hill University
Peter Leadbetter: Edge Hill University

Economics Bulletin, 2019, vol. 39, issue 1, 223-236

Abstract: The study has two aims. Firstly, to examine the impact of specific emotional factors on gambling expenditures and, secondly, to examine the impact of these emotional factors on problematic gambling behaviours (controlling for socio-economic determinants). Findings are based on a survey of 1196 gamblers in Sardinia, Italy. Using a bivariate probit approach, findings indicate that emotions associated with positive events (win) are related to the amount of money allocated for gambling (gambling expenditure). Findings also indicate the influence of negative emotional factors (experiencing disappointment, guilt and frustration) in gambling loss is related to self-awareness of problematic gambling. Furthermore, feelings of euphoria, anxiety and excitement during the gambling event is also related to self-awareness of problematic gambling. Analysis provides support for the notion that gambling behaviour is strongly associated with both positive and negative emotions.

Keywords: Behaviour; Bivariate Probit; Determinants; Emotions; Gambling; Sardinia (search for similar items in EconPapers)
JEL-codes: C5 I1 (search for similar items in EconPapers)
Date: 2019-02-02
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