Gambling in America : costs and benefits / Earl L. Grinols.

Format:

Book

Author/Creator:

Grinols, Earl L., 1951- author.

Language:

English

Subjects (All):

Gambling--United States.

Gambling.

Gambling--Economic aspects.

Physical Description:

1 online resource (xiii, 232 pages) : digital, PDF file(s).

Edition:

1st ed.

Place of Publication:

Cambridge : Cambridge University Press, 2004.

Language Note:

English

Summary:

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.

Contents:

Introduction

Considerations

Agents and incentives

Economic development

Cost-benefit analysis

Social benefits

Social costs

The present and the future

[APPENDIX] A: Cost benefit to the locality: a scenario

Glossary.

Notes:

Title from publisher's bibliographic system (viewed on 05 Oct 2015).

Includes bibliographical references (p. 215-224) and index.

ISBN:

1-107-14804-9

1-280-43756-1

0-511-16551-X

0-511-16629-X

0-511-16436-X

0-511-31302-0

0-511-51091-8

0-511-16516-1

OCLC:

171138300