Event Title

Does Drug Use Affect an Individual's Decision to Gamble?

Major

Economics

Faculty Mentor

John R. Swinton

Abstract

Gambling has become a multi billion-dollar industry in the United States. At the same time, drug use in the United States has been increasing and has become a frequently debated topic with many states considering legalization of marijuana. This paper focuses on the relationship between recreational drugs, marijuana and cocaine, and how their use may affect the decision to gamble. Data from Wave III of The National Longitudinal Study of Adolescent to Adult Health is used to perform regression analysis and use economic theory to interpret the results. The results suggest that drug use, specifically marijuana, may contribute to a shift in gambling preferences by the user.

Session Name:

Risky Business

Start Date

10-4-2015 2:30 PM

End Date

10-4-2015 3:30 PM

Location

HSB 300

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Apr 10th, 2:30 PM Apr 10th, 3:30 PM

Does Drug Use Affect an Individual's Decision to Gamble?

HSB 300

Gambling has become a multi billion-dollar industry in the United States. At the same time, drug use in the United States has been increasing and has become a frequently debated topic with many states considering legalization of marijuana. This paper focuses on the relationship between recreational drugs, marijuana and cocaine, and how their use may affect the decision to gamble. Data from Wave III of The National Longitudinal Study of Adolescent to Adult Health is used to perform regression analysis and use economic theory to interpret the results. The results suggest that drug use, specifically marijuana, may contribute to a shift in gambling preferences by the user.