caa a22 4500 378898973 CHVBK 20180305123513.0 cr unu---uuuuu 161128e20041029xx s 000 0 eng 10.2202/1538-0653.1269 doi (NATIONALLICENCE)gruyter-10.2202/1538-0653.1269 Chang Wen-Chun 1National Taipei University, wchang@mail.ntpu.edu.tw An Empirical Analysis of Gambling Addiction: Results from the Case of Taiwan [Elektronische Daten] [Wen-Chun Chang] This study analyzes gambling addiction in Taiwan by using lottery data from 1978 to 1984. Two main conclusions can be drawn from the empirical evidence of this study. First, lottery play is strongly addictive in Taiwan, and the results are consistent with the theory of rational addiction. Second, the estimated short-run and long-run price elasticities are -0.136, and -1.463, respectively. Because consumers are very likely rational, the concerns of public policy toward gambling should focus on the negative externalities rather than on its addictive nature. ©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston rational addiction nationallicence gambling nationallicence lottery nationallicence Topics in Economic Analysis & Policy De Gruyter 4/1(2004-10-29) 4:1 2004 4 bejeap https://doi.org/10.2202/1538-0653.1269 text/html Onlinezugriff via DOI 1 research article jats NATIONALLICENCE 856 40 https://doi.org/10.2202/1538-0653.1269 text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Chang Wen-Chun 1National Taipei University, wchang@mail.ntpu.edu.tw NATIONALLICENCE 773 0- Topics in Economic Analysis & Policy De Gruyter 4/1(2004-10-29) 4:1 2004 4 bejeap CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-gruyter