EconPapers    
Economics at your fingertips  
 

Economics of Poker: The Effect of Systematic Change

Roger Hannum, Matthew Rutherford and Teresa Dalton
Additional contact information
Roger Hannum: University of Denver
Matthew Rutherford: University of Denver
Teresa Dalton: University of Denver

Journal of Gambling Business and Economics, 2012, vol. 6, issue 1, 25-48

Abstract: Survey data on participation in gambling typically contain many zeros. The presence of many zeros presents methodological problems for the analysis of participation in gambling markets and gambling expenditure. The most common techniques for handling zeros in gambling data have been the Tobit estimator and the Heckman selectivity estimator. Recent research indicates that hurdle models (Jones 1989, 2000) and the Cragg (1971) model, are better suited to analyze participation in gambling. We apply these models to gambling participation in Canada and find that the double hurdle model is preferred in two of the three forms of gambling examined.

JEL-codes: L83 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.ubplj.org/index.php/jgbe/article/view/575 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:buc:jgbeco:v:6:y:2012:i:1:p:25-48

Ordering information: This journal article can be ordered from
http://www.jgbe.com/index_files/Page492.htm

Access Statistics for this article

Journal of Gambling Business and Economics is currently edited by Leighton Vaughan Williams, Nottingham Business School

More articles in Journal of Gambling Business and Economics from University of Buckingham Press
Bibliographic data for series maintained by Dominic Cortis, University of Malta ().

 
Page updated 2019-06-25
Handle: RePEc:buc:jgbeco:v:6:y:2012:i:1:p:25-48