Undoubtedly gambling, like other addictions, depends on a complicated mixture of brain chemistry, environment and socialisation. Howard Shaffer, a professor of psychiatry at Harvard Medical School, notes that the rate of pathological gambling in America has remained relatively constant for the past 35 years, despite a huge expansion in the opportunities on offer. There was a spike in the late 1990s but levels have dropped since then. Dr Shaffer draws a parallel with a classic virus-infection curve: high at the beginning as those most susceptible fall ill, but gradually tailing off as people adapt.
✖ Via The Economist: “The risk instinct. Why do people bet?” June 8th, 2010

• Aug 04, 2010 link notes tagged: game  gambling  money  risk  loss  sociology  psychiatry  pathology  evolution  addiction 

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