We investigate the effects of gambling addiction in a dynamic model in which wellbeing crucially depends on the accumulation of relational goods which is weakened by the consumption of gambling. We outline conditions under which gambling may become addictive leading to a suboptimal equilibrium...

We use an original dataset to study how participation in two types of nonprofit organizations, i.e. social welfare associations and social cooperatives, affects individual social capital, intended as networks of cooperative relationships. Participation in both the types of organization allows...