Are today’s traders making informed judgements based on data and analysis or are they responding to influencers, leaderboards, behavioral psychology cues like nudges, and instant rewards in order to level up? Does it matter? Hooked and Hustled: The Predatory Allure of Gamblified Finance is a new academic paper authored by Nizan Geslevich Packin, Doron Kliger, Amnon Reichman, and Sharon Rabinovitz. They define gamblification as “the fusion of gamification and gambling features in financial markets.” Gamification isn’t in and of itself a bad …
