# Could anyone here be able to explain gambling addiction and its debt with Microeconomics theory?

I am a research master student in Cognitive and Clinical Neuroscience, with the specialization/track Neuroeconomics and have to come up with a master thesis subject soon. I was thinking about gambling addiction and had some ideas of first theoratically explaining it with utility functions that are risk-seeking and use Arrow-Pratt measure of risk aversion. Does anyone have other theories in mind that can contribute to the microeconomical explenation of gambling addiction? Or perhaps someone having a "theory" of their own? I would love to see some ideas from others to get some inspiration!

• Look into discontinous time preferences. David Kreps talks about it – EconJohn Dec 30 '19 at 0:20

It seems to me that the topic is related to rational addiction: Individual preferences for consuming $$x_t$$ are conditioned by their past consumption $$x_{t-1}$$. See for instance: