The Financial Literacy Paradox in Gambling Disorder: Why Knowing Isn’t Doing

dc.authorid0000-0002-3248-6733
dc.authorid0000-0002-0889-1421
dc.authorid0000-0002-1456-2499
dc.authorid0000-0001-6185-4841
dc.authorid0000-0001-8924-5108
dc.contributor.authorHamurcu, Çağrı
dc.contributor.authorMutlu, Elif Aktan
dc.contributor.authorHamurcu, Hayriye Dilek
dc.contributor.authorÖz, Tayfun
dc.contributor.authorYavuz Ataşlar, Emine
dc.date.accessioned2025-07-18T11:36:10Z
dc.date.available2025-07-18T11:36:10Z
dc.date.issued2025
dc.departmentOrtaköy Meslek Yüksekokulu
dc.description.abstractThis study investigates the paradox that individuals with gambling disorder (GD) may possess financial knowledge yet still engage in economically harmful behaviors. Using a cross-sectional design, we compared financial literacy—across knowledge, attitudes, and behaviors—between 100 individuals with GD and 123 matched healthy controls in Türkiye. While both groups demonstrated similar levels of financial knowledge, those with GD showed significantly impaired financial attitudes and behaviors. Structural equation modeling revealed that financial literacy mediated the relationship between education, income, and gambling severity, while longer gambling duration directly predicted greater severity. These findings suggest that financial literacy is not a fixed cognitive asset but a fragile faculty vulnerable to compulsion, emotional dysregulation, and cognitive bias. We argue that financial literacy in the context of gambling is not merely about what individuals know, but how that knowledge is enacted—vulnerable to being undermined by behavioral dynamics. The implications extend beyond gambling to broader questions of volition, agency, and the limits of rational action under conditions of addiction.
dc.identifier.doi10.1007/s12115-025-01123-7
dc.identifier.scopus105010247058
dc.identifier.uri10.1007/s12115-025-01123-7
dc.identifier.urihttps://dx.doi.org/01472011
dc.identifier.urihttps://hdl.handle.net/20.500.12451/13384
dc.indekslendigikaynakScopus
dc.indekslendigikaynakWeb of Science
dc.institutionauthorHamurcu, Çağrı
dc.institutionauthorid0000-0002-3248-6733
dc.language.isoen
dc.publisherSpringer
dc.relation.ispartofSociety
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectFinancial Attitudes
dc.subjectFinancial Behavior
dc.subjectFinancial Knowledge
dc.subjectFinancial Literacy
dc.subjectGambling Disorder
dc.titleThe Financial Literacy Paradox in Gambling Disorder: Why Knowing Isn’t Doing
dc.typeArticle

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