Motives to gamble in casinos - the role of risk aversion and accuracy of expectations
| Název práce v češtině: | |
|---|---|
| Název v anglickém jazyce: | Motives to gamble in casinos - the role of risk aversion and accuracy of expectations |
| Klíčová slova anglicky: | risk aversion, rationality, gambling, casino games, expected value |
| Akademický rok vypsání: | 2011/2012 |
| Typ práce: | bakalářská práce |
| Jazyk práce: | angličtina |
| Ústav: | Institut ekonomických studií (23-IES) |
| Vedoucí / školitel: | doc. PhDr. Michal Bauer, Ph.D. |
| Řešitel: | skrytý - zadáno vedoucím/školitelem |
| Datum přihlášení: | 08.06.2012 |
| Datum zadání: | 08.06.2012 |
| Seznam odborné literatury |
| WILKINSON, Nick. An introduction to behavioral economics. New York: Palgrave Macmillan, c2008, xxi, 511 p. ISBN 978-023-0532-595.
STEARMAN, Kaye. Why do people gamble?. Austin, TX: Raintree Steck-Vaughn, c2001, 48 p. Why books. ISBN 07-398-3233-6. NOWER, Lia and Alex BLASZCZYNSKI. Gambling Motivations, Money-Limiting Strategies, and Precommitment Preferences of Problem Versus Non-Problem Gamblers. ISBN 10.1007/s10899-009-9170-8. HANNUM, Robert C. Practical casino math. 2nd ed. Las Vegas, NV: Institute for the Study of Gambling and Commercial Gaming, 2005, p. cm. ISBN 09-428-2853-4. DIXON, Mark, GHEZZI, Patrick, LYONS, Charles and WILSON Ginger. Gambling: Behavior Theory, Research, and Application. New Harbinger Publications, 2006. DECK, Cary, LEE, Jungmin, REYES, Javier and ROSEN, Chris. Measuring Risk Aversion on Multiple Tasks: Can Domain Specific Risk Attitudes Explain Apparently Inconsistent Behavior?. University of Arkansas, Sogang University, 2010. RICKWOOD, Debra, BLASZCZYNSKI, Alex, DELFABBRO, Paul, DOWLING, Nicki and HEADING Katharine. The Psychology of Gambling. APS Gambling Working Group, 2010. |
| Předběžná náplň práce v anglickém jazyce |
| The aim of this thesis is to study motivations for gambling, in particular the role of risk aversion and accuracy of expectations. The thesis will be empirical, based on a simple questionnaire survey conducted among people, who play casino games. We will collect data about their characteristics, risk preference and their expectations about return and risk profiles of casino games. The results will help us to assess whether gamblers are rational in their expectations. By collecting some data from casinos we will also study how the distribution of gamblers across different casino games varies with respect to their income, age and gender.
The outline of the thesis is as follows. 1. Introduction 2. Literature review 3. Casino mathematics 4. Data collection 5. Results 6. Discussion 7. Conclusion |