Gambling Risks examines the complex relationship between gambling addiction, cognitive psychology, and personal finance, revealing how compulsive gambling can alter decision-making and undermine financial stability.
It highlights that gambling addiction, recognized as a behavioral disorder, fundamentally changes brain function, impairing judgment and increasing susceptibility to risky financial behaviors.
The book explores the direct financial consequences, such as mounting debts and damaged credit, alongside the associated emotional distress, demonstrating how addiction acts as a catalyst for irrational financial choices.
The book adopts an interdisciplinary approach, integrating neuroscience, behavioral economics, and practical financial strategies.
Beginning with a historical and social context, it progresses through the neurobiological underpinnings of addiction, behavioral manifestations like distorted risk perception, and socio-economic fallout on families and communities.
Through case studies, statistical analyses, and econometric models, Gambling Risks offers a comprehensive understanding of the financial risks associated with gambling.
It culminates by proposing strategies for prevention, intervention, and financial rehabilitation, offering actionable advice for building financial resilience and managing debt.
