File Name: difference between investment speculation and gambling .zip
To review the conceptual and empirical relationship between gambling, investing, and speculation. An analysis of the attributes differentiating these constructs as well as identification of all articles speaking to their empirical relationship. Gambling differs from investment on many different attributes and should be seen as conceptually distinct.
Skip to search form Skip to main content You are currently offline. Some features of the site may not work correctly. DOI: The inconsistent use of this terminology has concrete consequences for the public perception. We attempt to establish a concept which draws a clear line between these activities and can serve as a baseline for discourse about how to assess investment, speculation and gambling on a normative level.
Background and aimsTo review the conceptual and empirical relationship between gambling, investing, and analysis of the attributes. There are 2 forms of investment which exist ie. Peer knowledge sharing. Gambling is time-bound. The concept of time is another key difference between stock investing and gambling.
Investment is sacrifice of certain present value for possibly uncertain future value. Investors in oil stocks essentially own oil and natural gas reserves. Speculators wait for the next news event. Gamble : To bet on an uncertain outcome. Example: Betting on a flip of a coin. In actuality, a person can be all three.
Business is important for economic development. Economic stability and growth depend on business activity. It plays a vital role in providing goods and services. The decision making strategy of a businessman can have a great effect on future outcomes in the form of profits or losses. There are two types of players in the market. One is investors and the second is speculators.
PDF | In the ethical discourse about financial markets, the terms “investment”, “speculation” and “gambling” often seem confusing and lack a.
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