Re: Myth of Problem Gambling in America - Preface to my study
OP ... if you are interested in this subject, then the place to start is
Becker & Murphy - A Theory of Rational Addiction
Journal of Political Economy, vol 96, no 4, aug 1988
There been several critics of their approach, most notably Akerloft
Also been conducted several empiral tests of their theory based on different addictive substances, from the top of my head Patricia Mobilia comes to mind for looking solely at gambling.
But I guess this is not what you where looking for [img]/images/graemlins/grin.gif[/img]
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