We investigate the effects of gambling addiction in a dynamic model in which wellbeing crucially depends on the accumulation of relational goods which is weakened by the consumption of gambling. We outline conditions under which gambling may become addictive leading to a suboptimal equilibrium from a social point of view. We examine the relative effectiveness of different policy solutions (tax on gambling, gambling restrictions) in bridging the distance between the equilibrium without intervention and social optimum.

Solferino, N., Becchetti, L., & Tessitore, M. (2018). A Dynamic model of gambling addiction with social costs: theory and policy solutions. MODERN ECONOMY [10.4236/me.2018.912127].

A Dynamic model of gambling addiction with social costs: theory and policy solutions

Becchetti, L;Tessitore, ME
2018-12-10

Abstract

We investigate the effects of gambling addiction in a dynamic model in which wellbeing crucially depends on the accumulation of relational goods which is weakened by the consumption of gambling. We outline conditions under which gambling may become addictive leading to a suboptimal equilibrium from a social point of view. We examine the relative effectiveness of different policy solutions (tax on gambling, gambling restrictions) in bridging the distance between the equilibrium without intervention and social optimum.
Pubblicato
Rilevanza internazionale
Articolo
Esperti anonimi
Settore SECS-S/06 - Metodi mat. dell'economia e Scienze Attuariali e Finanziarie
eng
addiction; gambling; social costs
Solferino, N., Becchetti, L., & Tessitore, M. (2018). A Dynamic model of gambling addiction with social costs: theory and policy solutions. MODERN ECONOMY [10.4236/me.2018.912127].
Solferino, N; Becchetti, L; Tessitore, M
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/2108/217725
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