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The Study of Gambling Behavior in Thailand

NIDA Economic Review Journal

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Title The Study of Gambling Behavior in Thailand
 
Creator Manprasert, Somprawin
 
Description The objective of this study is to quantitatively examine gambling behavior and itsinfluencing factors in Thailand. Motivated by addictive consumption theory, weanalyzed determinants that affect both new comers’ gambling experience andexisting gamblers. Important results suggest that gambling in Thailand is ‘addictivegood’, where pleasure from gambling activities has important role determiningstatus of participants. On average, Thai gamblers are risk-averse and aware oftheir addictive behaviors. These findings in fact imply that Thai gamblers possess‘rational addiction’ behavior. In other words, they rationally make decision toconsume gambling services by comparing private cost and expected utilityreceiving from such activities. The study also points out that ‘peer effects’ are alsovery important. Number of friends and people within family who gamble hassignificant impact on the rest of the member. Policy implication drawn from thestudy suggests the importance of young male group who has higher potential tobecome new players. A person facing hardship from family problem tends to morefragile to the gambling. Most importantly, family members have significant roleinfluencing the others to become ‘new players’. Therefore, the campaign shouldnot be specific but to target general public in order to help alleviating negativeexternalities in gambling behavior. To reduce gambling in current players, theresults suggest higher private cost should be place more on gambling activities –such as higher penalty and stronger enforcement.
 
Publisher Development Economic Review (พัฒนาการเศรษฐกิจปริทรรศน์)
 
Date 2014-01-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://tci-thaijo.org/index.php/NER/article/view/22400
 
Source Development Economic Review (พัฒนาการเศรษฐกิจปริทรรศน์); Vol 8 No 1 (2557): NIDA Economic Review Journal; 35
1906-2540
 
Language eng
 
Relation http://tci-thaijo.org/index.php/NER/article/view/22400/19219
 
Rights Copyright (c) 2017 Development Economic Review (พัฒนาการเศรษฐกิจปริทรรศน์)