For many readers, the casino gambling issue of Managerial and Decision Economics<SUP>1</SUP> will be their first exposure to economic research on casino gambling. Based solely on a reading of the MDE issue, one might get the impression there is overwhelming evidence that legal casino gambling is 'bad.' But...</sup>

Much of the economic education literature suggests that the principles of economics class size does not significantly affect student performance. However, study methods have varied in terms of the aggregation level (student or class), the measure of performance (TUCE or course letter grade), and...

Previous studies have examined the relationships among different gambling industries (e.g., casinos, lotteries, and racetracks), with mixed results. Yet, the literature lacks evidence on the extent to which casinos in a particular market compete with each other. No study considers the proximity...

The commercial casino industry experienced an unprecedented expansion in the United States during the 1990s. As the industry has grown, so has the anecdotal evidence that links the casino industry with political corruption. However, there have been no empirical analyses of the issue. We use...

We address two questions: (1) Does legalized gambling spur economic growth? and, if so, (2) Does economic growth depend on "exports?" After developing a method of applying Granger causality to panel data, we analyze the casino gambling and greyhound racing industries. Empirical results suggest...

Many states facing recent fiscal crises have looked to legalized gambling in an attempt to ease fiscal constraints. Although there has been some research on the economic effects of gambling, no study has offered a comprehensive analysis of the interindustry relationships of lotteries, casinos,...

Casinos offer an increasing array of amenities (e.g., hotels, restaurants, shows, shopping, and other entertainment). Yet, little information exists on the financial returns to various amenities. We utilize financial returns and casino company department revenue and expenditure data from 24...

While few economists analyzed criminal behaviour and the criminal justice process before Gary Becker’s seminal 1968 paper, an enormous body of economic research on crime has since been produced. This insightful and comprehensive Handbook reviews and extends much of this important...

Purpose – The purpose of this paper is to examine the effect the rebuilding of the casino industry has had on the recovery efforts from Katrina. Design/methodology/approach – The paper uses quarterly data from four states affected by Katrina, and a simple OLS model to test the effect the...