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Policy Article

Pathological Gambling: Prevention by indicating loss probability (only available in German)

Ökonomenstimme

Authors

  • Reese
  • C.
  • Ring
  • P.
  • Schmidt
  • U.

Publication Date

Key Words

behavioral economics

Gambling

A recently published behavioral economic study shows that problem gamblers overweight small winning probabilities. This article discusses to what extent information about loss probabilities can help to prevent gambling addiction.

Kiel Institute Expert

  • Prof. Dr. Dr. Ulrich Schmidt
    Research Director

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