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We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … household level. While both the incidence and amount of gambling vary according to household income, the positive association …
Persistent link: https://www.econbiz.de/10010271301
Wir entwickeln ein Modell für strategisches Spielverhalten bei Glücksspielen nach dem Totalisatorprinzip und wenden es auf die Fußballwettspiele Toto und Torwette an. Unter der Annahme, dass Buchmacherquoten die wahren Ausgangswahrscheinlichkeiten der betreffenden Fußballspiele reflektieren,...
Persistent link: https://www.econbiz.de/10010292739
. Following this sentence, a state monopoly in future has to maximize players’ protection and prevention of pathological gambling …
Persistent link: https://www.econbiz.de/10010265651
who choose to gamble are likely to be larger than for the general population. Using UK data on gambling wins, other … those likely to be credit-onstrained. This is consistent with credit-constrained, risk-averse agents gambling to convexify …
Persistent link: https://www.econbiz.de/10010500250
uncertainty. We use county-level data from Texas and Wisconsin to compare our approach to conventional rankings that assign … deterministic factor weights and ignore uncertainty. Greater discrepancies in rankings emerge for Texas than Wisconsin since the … but becomes especially large in Texas after incorporating noise from imputing its considerable missing data. …
Persistent link: https://www.econbiz.de/10010328998
. I analyze the timing of bargaining and the causes of delay using a cross-section of insurance claims in Texas over a 20 …
Persistent link: https://www.econbiz.de/10010333914
Der kommerzielle Erfolg eines professionellen Fußballspiels hängt wesentlich vom erwarteten Spannungsgrad ab. Je weniger der Spielausgang prognostizierbar ist, desto größer ist das Zuschauerinteresse. Im vorliegenden Beitrag wird deshalb die quantitative Bedeutung des Erfolgsfaktors Zufall...
Persistent link: https://www.econbiz.de/10010296154
causally generates good health and that this effect is of similar magnitude as when traditional estimation techniques are used …
Persistent link: https://www.econbiz.de/10010262805
The importance of noncognitive childhood skills in predicting higher wages is well documented in economics. This paper studies the reverse. Using surveys of lottery winners, we analyze the effects of unearned income on the Big Five personality traits. After correcting for potential endogeneity...
Persistent link: https://www.econbiz.de/10010282309
-entrance in January 2001 this paper develops a rigorous estimation procedure. The estimates provide statistical evidence of … increased central bank intervention activities in the run-up to the Greek EMU entrance. Thus the modelling and estimation …
Persistent link: https://www.econbiz.de/10010295399