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The Oxford Handbook of the Economics of Gambling
Author(s): Leighton Vaughan Williams (Editor), Donald S. Siegel
- Publisher: OUP USA
- Publication Date: 16 Jan. 2014
- Edition: Illustrated
- Language: English
- Print length: 744 pages
- ISBN-10: 0199797919
- ISBN-13: 9780199797912
Book Description
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.S., U.K. Continental Europe, Asia, Australia and elsewhere. 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. 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
Editorial Reviews
Book Description
This Handbook is the definitive source of path-breaking research on the economics of gambling.
About the Author
Head of Economics Research and Director of the Betting Research Unit and Political Forecasting Unit at Nottingham Business School, Nottingham Trent University
