Gambling, Consumer Behavior, and Welfare

Douglas Walker ()

Chapter Chapter 3 in Casinonomics, 2013, pp 19-24 from Springer

Abstract: Abstract Chapter 2 examined several basic explanations for how the introduction of casinos to a state or a region could have a positive impact on economic growth or the overall output (or income) of the economy. In this chapter I discuss the role of consumer welfare in the economic growth equation. We wish to move beyond a simple tallying of the spending on the building of casinos, of the wages paid to casino employees, or of the taxes paid by casinos to state governments. How does the proliferation of casinos affect people’s well-being?

Keywords: Problem Gambler; Consumer Surplus; Indifference Curve; Casino Gambling; Casino Game (search for similar items in EconPapers)
Date: 2013
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:mgmchp:978-1-4614-7123-3_3

Ordering information: This item can be ordered from
http://www.springer.com/9781461471233

DOI: 10.1007/978-1-4614-7123-3_3

Access Statistics for this chapter

More chapters in Management for Professionals from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().