Risk, price and pay-off: A study explaining wagering and gambling behaviour using prevalent lottery models with an application of two stage least square regression
The study explains behavior in an uncertainty environment. As gambling is perceived by many to be an act violating the basic principles of individual rationality, the determining factors that contribute to a gambler's decision to wager a bet, and at the same time the reasons for such, contribut...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Animo Repository
2003
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| Subjects: | |
| Online Access: | https://animorepository.dlsu.edu.ph/etd_bachelors/14109 |
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| Institution: | De La Salle University |
| Language: | English |