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  2. Gambling for redemption or ripoff? - News & insight - Cambridge…

    https://www.jbs.cam.ac.uk/2022/gambling-for-redemption-or-ripoff/
    Gambling, or in another word risk-taking, certainly made a difference – it saved the owners and avoided bankruptcy costs with some probability. ... Gambling for ripoff, which means taking a very big risk, benefiting the owners at the expense of the
  3. Market gamblers to blame? - News & insight - Cambridge Judge…

    https://www.jbs.cam.ac.uk/2019/market-gamblers-to-blame/
    Gambling behaviour is not limited to betting in casinos and has widespread implications in financial markets. ... Tversky, A. and Kahneman, D. (1992) “Advances in prospect theory: cumulative representation of uncertainty.” Journal of Risk and

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