The Oxford Handbook of the Economics of Gambling

There is growing interest among academics and policymakers in the economics of gambling, which has been stimulated by major regulatory and tax changes in the U.S., U.K. Continental Europe, Asia, Australia and elsewhere. Unfortunately, there is no comprehensive source of path-breaking research on this topic. To fill this gap, we commissioned chapters from leading economists on all aspects of gambling research. Topics covered include the optimal taxation structure for various forms of gambling, factors influencing the demand and supply of gambling services, forecasting of gambling trends, regulation of gambling, the efficiency of racetrack and sports betting markets, gambling prevalence and behavior, modeling the demand for gambling services, the economic impact of gambling, substitution and complementarities among different types of gambling activity, and the relationship between gambling and other sectors of the economy. These are all important issues, with significant global implications. Specifically, we divide the Handbook into sections on casinos, sports betting, horserace betting, betting strategy, motivation, behavior and decision-making in betting markets, prediction markets and political betting, and lotteries and gambling machines Available in OSO: http://www.oxfordhandbooks.com/oso/public/content/oho_economics/9780199797912/toc.html Contributors to this volume - Josemari Aizpurua is Professor in the Department of Economics at the Public University of Navarre in Spain.Gary Anders is an Emeritus Professor of Economics in the W.P. Carey School of Business at Arizona State University, and Adjunct Professor of Global Economics at Thunderbird School for Global Management. John E. Anderson is the Baird Family Professor of Economics at the College of Business Administration, University of Nebraska-Lincoln, USA. Alistair Bruce is Professor of Decision and Risk Analysis at Nottingham University Business School. Chava Carter is a Research Assistant at UMBC, the University of Maryland, Baltimore County. Les Coleman is a Senior Lecturer in the Department of Finance at the University of Melbourne. Stephen Creigh-Tyte is Visiting Professor and Research Fellow at Durham Business School. George Diemer is Assistant Professor of Business at Chestnut Hill College. Greg Durham is Assistant Professor of Finance in the College of Business at Montana State University. David Edelman is a Senior Lecturer in the School of Business at University College, Dublin. Scott Farrow is a Professor in the Department of Economics at UMBC, the University of Maryland, Baltimore County. David Forrest is Professor of Economics at the Salford Business School, University of Salford. Ramon P. DeGennaro is the CBA Professor in Banking and Finance at the University of Tennessee. Ann B. Gillette is a Professor in the Department of Economics, Finance and Quantitative Analysis at Kennesaw State University. John Goddard is Professor of Financial Economics at Bangor Business School, Bangor University. Andrew Grant is Lecturer in Finance at the University of Sydney Business School. Kent Grote is Assistant Professor of Economics and Business in the Department of Economics and Business at Lake Forest College. O. David Gulley is Professor of Economics at Bentley University. Robert Hannum is Professor of Risk Analysis and Gaming in the Remain School of Finance at the University of Denver. Brad R. Humphreys is Professor of Economics and Chair in the Economics of Gaming in the Department of Economics at the University of Alberta. Johnnie Johnson is Professor of Decision and Risk Analysis and Director of the Centre for Risk Research at the University of Southampton. David Johnstone is Professor in Finance at the University of Sydney Business School. Martien Lamers is a PhD student at the Department of Financial Economics, Ghent University. John Lepper is Adjunct Professor, Alfred Deakin Research Institute, Deakin University. Loreto Llorente is Associate Professor in the Department of Economics at the Public University of Navarre in Spain.Leonard MacLean is Herbert S. Lamb Chair in Business Education at Dalhousie University. David McDonald is a Research Fellow at the Centre for Risk Research in the School of Management, University of Southampton. Vasiliki Makropoulou is Research Associate at Athens University of Economics and Business. David Marginson is Head of the Accounting and Finance Section and Professor of Management Accounting at Cardiff Business School. Victor Matheson is an Associate Professor in the Department of Economics at the College of the Holy Cross in Worcester, Massachusetts. John C. Navin is Professor and Chair of the Department of Economics and Finance at Southern Illinois University Edwardsville. Mark W. Nichols is Professor of Economics at the University of Nevada, Reno. David Paton is Professor of Industrial Economics at Nottingham University Business School. Rodney J. Paul is a Professor in Department of Sport Management at the David B. Falk College of Sport and Human Dynamics at Syracuse University. Levi Perez is an Associate Professor in the Department of Economics at the University of Oviedo and Member of the Research Staff of the Fundacion Observatorio Economico del Deporte. Javier Puertolas is Associate Professor in the Department of Economics at the Public University of Navarre in Spain.. J. James Reade is Lecturer in Economics in the Department of Economics at the University of Birmingham. Paul Rhode is a Professor in the Department of Economics at the University of Michigan. Warren Richards is an instructor in the Department of Economics and Finance at Southern Illinois University Edwardsville. Ryan Rodenberg is an Assistant Professor in the Department of Sport Management at The Florida State University. Adi Schnytzer is Associate Professor of Economics at Bar Ilan University. Ricardo Siu is Associate Professor of Business Economics in the Department of Finance and Business Economics at the University of Macau. Michael Smith is a Senior Lecturer in Economics at Leeds Business School. Koleman Strumpf is Koch Professor of Economics at the University of Kansas School of Business. Timothy S. Sullivan is an instructor in the Department of Economics and Finance at Southern Illinois University Edwardsville. Ming-Chien Sung is Professor of Risk and Decision Sciences and Director of MSc Risk Management at the School of Management, University of Southampton. Richard Thalheimer is President of Thalheimer Research Associates, Inc. in Lexington, Kentucky. Mehmet Serkan Tosun is an Associate Professor and Director of Graduate Programs in the Department of Economics at the University of Nevada, Reno. Leighton Vaughan Williams is Professor of Economics and Finance and Director of the Betting Research Unit at Nottingham Business School, Nottingham Trent University. Douglas M. Walker is Professor of Economics at the College of Charleston in Charleston, South Carolina. Andrew P. Weinbach is the Colonel Lindsey H. Vereen Professor in the Wall College of Business at Coastal Carolina University. William Ziemba is Alumni Professor of Financial Modeling and Stochastic Optimization, Emeritus at the University of British Columbia. He is also a Visiting Professor at the Mathematical Institute of the University of Oxford.