Gamblers' Behaviour: A Field Investigation (original) (raw)

The thesis presents a lab-in-the-field experiment collecting data on gamblers’ behaviour. The study provides an estimate of the incidence of Problematic Gambling (PG) among the usual customers of a large betting agency in Milan. We elicit in an incentivized manner a large battery of behavioural traits in order to investigate which of them are mostly characterizing PG. Moreover, we investigate a causal relationship between gambling activity and behavioural traits. We also keep detailed track of the gambling activity during the day of the interview to see which are the more interest patterns of the gambling activity. The results underline important differences between real and experimental observation. When we use experimental task to investigate a possible variation in risk preferences due to gambling activity we do not observe any significant impact on risk preferences. When we inspect risk preferences using data coming from the real gambling activity we find evidence of the diminis...