European University Institute Library

Gambling in America, costs and benefits, Earl L. Grinols

Label
Gambling in America, costs and benefits, Earl L. Grinols
Language
eng
Index
index present
Literary Form
non fiction
Main title
Gambling in America
Medium
electronic resource
Nature of contents
dictionaries
Oclc number
69405661
Responsibility statement
Earl L. Grinols
Series statement
Cambridge Social Sciences eBooks
Sub title
costs and benefits
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.--, Provided by publisher
Table Of 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
Content
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