Residential College | false |
Status | 已發表Published |
A public choice perspective on the legalization of casino gaming | |
MIAO HE1,2; SIU, RICARDO C. S1 | |
2016 | |
Source Publication | Journal of Gambling Business & Economics |
ISSN | 1751-7990 |
Volume | 10Issue:2Pages:22-45 |
Abstract | The public choice theory is applied in this study to explore the effects of the expected economic benefits and cost of voters in the process of casino legalization. It is shown that in contrast to most voting processes, the emotional inclination of voters and the related changes have an explicit role in determining the decision made on a ballot for casino legalization. A model is therefore proposed based on the existing literature (for e.g., Morton, 1991; Olson, 1965; Riker and Ordeshook, 1968) to show the interactions and decision making process of related policy makers, and beneficiary and anti-gaming groups. The arguments are elaborated and verified by using evidence from New Jersey and Taiwan, where state-wide referendums were adopted as part of the legalization process of casino gaming. |
Keyword | Casino Legalization Public Choice Interest Group Emotional Value Expected Benefits |
Language | 英語English |
Document Type | Journal article |
Collection | DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS Faculty of Business Administration |
Affiliation | 1.University of Macau, Department of Finance and Business Economics 2.Zhuhai College of Jilin University, Department of International trade and Finance |
First Author Affilication | University of Macau |
Recommended Citation GB/T 7714 | MIAO HE,SIU, RICARDO C. S. A public choice perspective on the legalization of casino gaming[J]. Journal of Gambling Business & Economics, 2016, 10(2), 22-45. |
APA | MIAO HE., & SIU, RICARDO C. S (2016). A public choice perspective on the legalization of casino gaming. Journal of Gambling Business & Economics, 10(2), 22-45. |
MLA | MIAO HE,et al."A public choice perspective on the legalization of casino gaming".Journal of Gambling Business & Economics 10.2(2016):22-45. |
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