Revision of Social Costs of Gambling in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F44555601%3A13510%2F22%3A43896930" target="_blank" >RIV/44555601:13510/22:43896930 - isvavai.cz</a>
Result on the web
<a href="https://ceeconference.vse.cz/wp-content/uploads/proceedings2022.pdf" target="_blank" >https://ceeconference.vse.cz/wp-content/uploads/proceedings2022.pdf</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.18267/pr.2022.kre.2454.14" target="_blank" >10.18267/pr.2022.kre.2454.14</a>
Alternative languages
Result language
angličtina
Original language name
Revision of Social Costs of Gambling in the Czech Republic
Original language description
Calculation of social costs of gambling is a widely used analytical tool to measure (often negative) impact of consumer (gambler) behavior to society. However, this tool is very often burdened with biases, inconsistent methodology and, most of all, incompatibility with well-established and widely used economic concepts. Along with comprehensive review of different approaches to the calculation of these costs we use economic approach to revise the most influential Czech study done by Winkler et al. (2014; 2017). Using this improved approach, we were able to reduce authors' sum of social costs by 84% (from 541.6-619.6 million EUR to 88.6 99.9 million EUR), although there are still other costs that have to be taken into account for a complete picture of impacts on society. The objective of the paper is not to downplay the impact of gambling but to provide better foundations for comprehensive evaluations of its effects and suggest routes for further improvement of the analysis.
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
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OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
22nd International Joint Conference Central and Eastern Europe in the changing business environment Proceedings
ISBN
978-80-245-2454-2
ISSN
2453-6113
e-ISSN
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Number of pages
15
Pages from-to
142-156
Publisher name
Oeconomica Publishing House, Prague University of Economics and Business
Place of publication
Praha
Event location
Bratislava
Event date
May 19, 2022
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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