Barron, John M.; Staten, Michael E.; Wilshusen, Stephanie M. - In: Contemporary Economic Policy 20 (2002) 4, pp. 440-455
Personal bankruptcies soared in the United States between 1994 and 1998. One activity that can precipitate personal financial crises and that has also experienced dramatic growth is commercial gambling, especially casino gambling. This article builds a simple model of bankruptcy choice and...