Research shows how financial markets should have predicted Brexit hours before they eventually did, and that betting markets beat currency markets to the result by an hour -- producing a 'close to risk-free' profit-making opportunity, according to economists.
Bad decision-making is a trait oftentimes associated with drug addicts and pathological gamblers, but what about people who excessively use social media? New research from Michigan State University shows a connection between social media use and impaired risky decision-making, which is commonly deficient in substance addiction.
Why do people make high-risk decisions -- in casinos or in other aspects of their lives -- even when they know the odds are stacked against them?
The people of Madrid spend close to 470 million euros on the Spanish Christmas Lottery, approximately 20 percent of the total. This is one of the figures highlighted by the 'Yearbook of Gambling in Spain,' a report recently presented by Universidad Carlos III de Madrid and CODERE.
What makes people take risks? Not stunt women or Formula 1 drivers. Just ordinary people like you and me. Research published this week in PLOS ONE suggests that unexpected improvements in everyday life (sunshine after many days of rain or a win by a local sports team) are correlated with a change in a city's mood and an increased likelihood that it's citizens will do risky things like gamble.
Cessation fatigue increased in the first six weeks of a quit attempt and increased the likelihood of relapse, report researchers at the Medical University of South Carolina in the Journal of Consulting and Clinical Psychology. Higher cessation fatigue also predicted worse performance on several other important cessation milestones. Cessation fatigue offers a new target for treatment interventions, using either existing pharmacological therapies or mobile Health technologies designed to reduce the stress of a quit attempt.
A study using animal-attached technology to measure food consumption in four very different wild vertebrates has revealed that animals using a high-risk strategy to find rarer food are particularly susceptible to becoming extinct, as they fail to gather food for their young before they starve.
The blinking lights and exciting jingles in casinos may encourage risky decision-making and potentially promote problem gambling behaviour, suggests new research from the University of British Columbia.
The intense audiovisual feedback from slot machines can directly influence a player's decisions, suggests a laboratory study of more than 100 healthy adults published in JNeurosci. The research raises new concerns that these machines and similar devices promote problematic gambling.
A new CAMH study shows that free gambling-themed games may be a gateway to paid gambling for young people, and gameplay is linked with a higher risk of gambling problems among some adolescents. Called social casino games, they let people try their hand at casino table games, slots, poker or bingo without betting real money. Nearly one in eight high school students said they had played social casino games in the past three months.