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Gambling in America: Costs and Benefits

Autor Earl L. Grinols
en Limba Engleză Paperback – 2 dec 2009
Gambling in America carefully breaks ground by developing analytical tools to assess the benefits and costs of the economic and social changes introduced by casino gambling in monetary terms, linking them to individual households' utility and well-being. Since casinos are associated with unintended and often negative economic consequences, these factors are incorporated into the discussion. The book also shows how amenity benefits - for casinos, the benefit to consumers of closer proximity - enter the evaluation. Other topics include agent incentives and public decision making, conceptual clarifications about economic development, cost-benefit analysis, and net export multiplier models. Professor Grinols finds that, in considering all relevant factors, the social costs of casino gambling outweigh their social benefits.
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Specificații

ISBN-13: 9780521124171
ISBN-10: 0521124174
Pagini: 248
Dimensiuni: 152 x 229 x 14 mm
Greutate: 0.37 kg
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:New York, United States

Cuprins

1. Introduction; 2. Considerations; 3. Agents and incentives; 4. Economic development; 5. Cost-benefit analysis; 6. Social benefits; 7. Social costs; 8. The present and the future.

Recenzii

'Earl L. Grinols is … clearly a man of great influence on significant American decision-makers. Gambling in America is a personal quest - a worthy, earnest and quietly passionate look at how we should examine the industry and make decisions about expanding casino empires.' Sam Marsden, jackpot.co.uk

Descriere

The book documents that social costs of casino gambling outweigh their social benefits.