The Economics of Gambling


Brown and Raymond D.

David Paton, Donald S. Elliott and John C.

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As a result of gambling, some are driven to extreme lengths to cover debt. Severely addicted gamblers spend most of their energy following their addiction. Edited by Leighton Vaughan-Williams and Donald S. Siegel. Leighton Vaughan Williams is Professor of Economics and Finance and Director of the Betting Research Unit at Nottingham Business School, Nottingham Trent University. Subject(s) in Oxford Handbooks Online.

Walker and John D. Gambling Industries Cannibalize Each Other? Reagan and Robert J.

Economics of gambling

Clotfelter and Philip J. Jonathan Guryan and Melissa S.

Free Download The Economics of Gambling

There is growing interest among academics and policymakers in the economics of gambling, which has been stimulated by major regulatory and tax changes in the U. Continental Europe, Asia, Australia and elsewhere.

The Economics of Gambling and National Lotteries

Unfortunately, there is no comprehensive source of path-breaking research on this topic. To fill this gap, we commissioned chapters from leading economists on all aspects of gambling research.

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Topics covered include the optimal taxation structure for various forms of gambling, factors influencing the demand and supply of gambling services, forecasting of gambling trends, regulation of gambling, the efficiency of racetrack and sports betting markets, gambling prevalence and behavior, modeling the demand for gambling services, the economic impact of gambling, substitution and complementarities among different types of gambling activity, and the relationship between gambling and other sectors of the economy.

These are all important issues, with significant global implications. Specifically, we divide the Handbook into sections on casinos, sports betting, horserace betting, betting strategy, motivation, behavior and decision-making in betting markets, prediction markets and political betting, and lotteries and gambling machines. Nichols and Mehmet Serkan Tosun 4.

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