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- W1997198912 abstract "Abstract This study analyzes gambling addiction in Taiwan by using lottery data from 1978 to 1984. Two main conclusions can be drawn from the empirical evidence of this study. First, lottery play is strongly addictive in Taiwan, and the results are consistent with the theory of rational addiction. Second, the estimated short-run and long-run price elasticities are -0.136, and -1.463, respectively. Because consumers are very likely rational, the concerns of public policy toward gambling should focus on the negative externalities rather than on its addictive nature." @default.
- W1997198912 created "2016-06-24" @default.
- W1997198912 creator A5045918761 @default.
- W1997198912 date "2004-10-29" @default.
- W1997198912 modified "2023-09-24" @default.
- W1997198912 title "An Empirical Analysis of Gambling Addiction: Results from the Case of Taiwan" @default.
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- W1997198912 doi "https://doi.org/10.2202/1538-0653.1269" @default.
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