ArticleJournal of gambling studies2022
Financial Literacy and Gambling Behavior in the United States.
Article in Journal of gambling studies, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 8 papers, 2 of them syntheses that pooled it.
What it found
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The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.
Who cites it
8 citing papers in PubMed, 2 syntheses or guidelines pooled it, 25 citations in OpenAlex.
- Financial Literacy and Gambling Behaviour: A Systematic Review.Journal of gambling studies · 2025Pooled it
- Financial Literacy and Economic Attitudes as Protective Factors Against Pathological Gambling? A Systematic Review.Journal of gambling studies · 2025Pooled it
- Financial Literacy, Locus of Control, and Gambling Behavior in Australia.Journal of gambling studies · 2026Article
- Characteristics of Chinese Lottery Consumers' Financial Literacy and its Relationship with Problem Lottery Gambling.Journal of gambling studies · 2024Article
- Gamified Problem Gambling and Psychological Distress: The Mediated-Moderated Roles of Cognitive and Economic Motives.Journal of gambling studies · 2023Article
- Assessing financial literacy and food and nutritional security relationship in an African country.Heliyon · 2023Article
- Does financial literacy influence preventive health check-up behavior in Japan? a cross-sectional study.BMC public health · 2022Article
- Who Is Next? A Study on Victims of Financial Fraud in Japan.Frontiers in psychology · 2021Article
Corrections and comments
PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.
Authors and funding
5 authors at 1 institution in 1 country.
Funding
Abstract
Problem gambling is becoming a growing concern in the United States because of the proliferation of, and state support for, gambling opportunities. The economic cost along with the physical and mental health problems associated with problem gambling make it necessary to study how problem gambling can be reduced. Our study examines whether financial literacy could be a means to reducing gambling frequency in the United States. We use data from the Preference Parameter Study of Osaka University, Japan, and apply instrumental variable probit regression models. The results show that, generally, financial literacy does not have a relationship with gambling frequency, but the relationship is significant in the states where electronic gambling machines (EGMs) are available. The results imply that gamblers are irrational and fail to assess the risks of gambling as well as the probabilities that maximize expected payoffs. It appears that gamblers' psychological gain from gambling outweighs the negative expected utility when there is easy access to gambling. Thus, rationality with regard to gambling decisions does not work unless the easy access to EGMs is controlled. Our results further show that males, older people, people with higher household income, and people who have easy access to gambling are likely to be frequent gamblers.
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Identifiers
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.