1.

Record Nr.

UNINA9910457902503321

Autore

Grinols Earl L. <1951->

Titolo

Gambling in America : costs and benefits / / Earl L. Grinols [[electronic resource]]

Pubbl/distr/stampa

Cambridge : , : Cambridge University Press, , 2004

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

Descrizione fisica

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

Disciplina

338.4/7795

Soggetti

Gambling - United States

Gambling - Economic aspects

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

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

Nota di bibliografia

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

Nota di contenuto

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.

Sommario/riassunto

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.