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The Role of Impulsivity, Cognitive Bias, and Reasoned Action in Understanding College Student Gambling
Major Area of Focus
Health
Secondary area of focus
Financial Services
Short Abstract
This study examines factors related to gambling behavior among college students in the United States by applying the Theory of Reasoned Action (TRA) with the concepts of impulsivity and cognitive bias incorporated into the model. A majority of the respondents (84.4%) in this study report that they did not gamble in the last 30 days. The results of the OLS regression analysis indicate that gambling frequency is strongly related to attitudes toward gambling and cognitive bias toward gambling and weakly associated with subjective norms of family members regarding financial behavior and underestimation of financial behavior. The results of the logistic regression analysis suggest that gambling propensity is strongly related to attitudes toward gambling, subjective norms of family members regarding financial behavior, and cognitive bias toward gambling. The empirical work finds only weak evidence that impulsivity is associated with gambling propensity.
Corresponding Author
Su Hyun Shin, The Ohio State University
Job Title
PhD Student
City & State (or Province & Country)
Columbus OH
Additional Authors
Catherine P Montalto, PhD, The Ohio State University
Job Title
Associate Professor
City & State (or Province & Country)
Columbus OH