Book ChapterDOI
The Social Costs of Gambling
Douglas M. Walker
- pp 153-175
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TLDR
In this paper, the authors argue that gambling is fundamentally different from other forms of entertainment because gambling, unlike movies and football games, can lead to addiction, and that the prevalence rate of disordered gambling has been estimated to be between 0.4 and 2.0 % of the general population.Abstract:
Perhaps the most controversial issue surrounding the casino legalization debate is the “social costs” that accompany gambling. The casino industry maintains that its product is simply a form of entertainment like going to movies and football games, and consumers are willing to pay a price for entertainment. But many researchers argue that gambling is fundamentally different from other forms of entertainment because gambling, unlike movies and football games, can lead to addiction. As noted in Chap. 10, the prevalence rate of disordered gambling has been estimated to be between 0.4 and 2.0 % of the general population.read more
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Journal ArticleDOI
Opening Statement
TL;DR: The Turing model is a good abstraction for most digital computers because the number of steps to execute a Turing machine algorithm is predictive of the running time of the computation on a digital computer.
Book ChapterDOI
The At-Risk On-line Gambler: A Global Issue With Local Implications
Kenneth Henderson,Barbara Lyons +1 more
TL;DR: In this paper, the authors investigated similarities and differences between traditional and online gambling behaviors and found that people of all ages gamble on-line and men are more likely than women to currently bet on the Internet.
References
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Journal ArticleDOI
Crime and Punishment: An Economic Approach
TL;DR: In fact, some common properties are shared by practically all legislation, and these properties form the subject matter of this essay as discussed by the authors, which is the basis for this essay. But, in spite of such diversity, some commonsense properties are not shared.
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Applied Econometric Time Series
TL;DR: In this article, the authors present an alternative solution method for Deterministic Processes by iteratively solving homogeneous difference equation and finding particular solutions for deterministic processes, and conclude that the proposed solution is the best solution.
Posted Content
The Political Economy of the Rent-Seeking Society
TL;DR: In this article, the authors studied the impact of competitive import licenses on the economy and the relationship between welfare cost of quantitative restrictions and tariff equivalents, and showed that the effect of wage legislation on equilibrium levels of unemployment.
Journal ArticleDOI
A Theory of Rational Addiction
Gary S. Becker,Kevin M. Murphy +1 more
TL;DR: The authors developed a theory of rational addiction in which rationality means a consistent plan to maximize utility over time, and showed that even small deviations from the consumption at an unstable steady state can lead to large cumulative rises over time in addictive consumption or to rapid falls in consumption to abstention.
Journal ArticleDOI
De gustibus non est disputandum
George J. Stigler,Gary S. Becker +1 more
TL;DR: In this paper, the Notre collegue Christophe Longuet nous offre une traduction inedite de cet article canonique precedee d'une presentation, en tout point remarquable, vous sera certainement tres utile.