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A quantification of the net consumer surplus from gambling participation

journal contribution
posted on 2019-11-26, 00:00 authored by Matthew RockloffMatthew Rockloff, Matthew BrowneMatthew Browne, Alexander RussellAlexander Russell, SS Merkouris, NA Dowling
Gambling exposes people to risk for harm, but also has recreational benefits. The present study aimed to measure gambling harm and gambling benefits on similar scales using two novel methods adapted from the Burden of Disease approach (McCormack et al. in Psychol Med 18(4):1007-1019, 1988; Torrance et al. in Health Serv Res 7(2):118-133, 1972) to find whether gambling either adds or subtracts from quality of life. A Tasmanian population-representative survey of 5000 adults (2534 female) from random digit dialling (RDD) of landline telephones in Tasmania (50%), as well as pre-screened Tasmanian RDD mobiles (17%) and listed mobile numbers (33%), measured gambling benefits and harms amongst gamblers (59.2%) and a non-exclusive set of people who were "affected" by someone else's gambling (4.5%). The majority of gamblers indicated no change to their quality of life from gambling (82.5% or 72.6% based on direct elicitation or time trade off methods, respectively). Nevertheless, a weighted average of all the positive and negative influences on quality of life, inclusive of gamblers and affected others, revealed that the quality of life change from gambling is either a very modest + 0.05% or a more concerning - 1.9% per capita. Gambling generates only small or negative net consumer surpluses for Tasmanians.

Funding

Category 2 - Other Public Sector Grants Category

History

Volume

35

Issue

4

Start Page

1147

End Page

1162

Number of Pages

16

eISSN

1573-3602

ISSN

1050-5350

Location

United States

Publisher

Springer Verlag

Language

eng

Peer Reviewed

  • Yes

Open Access

  • No

External Author Affiliations

Deakin University; University of Melbourne

Era Eligible

  • Yes

Journal

Journal of Gambling Studies