Selling Hope

Selling Hope

Author: Charles T. Clotfelter

Publisher: Harvard University Press

Published: 1991

Total Pages: 340

ISBN-13: 9780674800984

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With its huge jackpots and heartwarming rags-to-riches stories, the lottery has become the hope and dream of millions of Americans--and the fastest-growing source of state revenue. Despite its popularity, however, there remains much controversy over whether this is an appropriate business for state government and, if so, how this business should be conducted.


For a Dollar and a Dream

For a Dollar and a Dream

Author:

Publisher: Oxford University Press

Published: 2022-08-12

Total Pages: 297

ISBN-13: 0197604889

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This first comprehensive history of America's lottery obsession explores the spread of state lotteries and how players and policymakers alike got hooked on wishful dreams of an elusive jackpot. Every week, one in eight Americans place a bet on the dream of a life-changing lottery jackpot. Americans spend more on lottery tickets annually than on video streaming services, concert tickets, books, and movie tickets combined. The story of lotteries in the United States may seem straightforward: tickets are bought predominately by poor people driven by the wishful belief that they will overcome infinitesimal odds and secure lives of luxury. The reality is more complicated. For a Dollar and a Dream shows how, in an era of surging inequality and stagnant upward mobility, millions of Americans turned to the lottery as their only chance at achieving the American Dream. Gamblers were not the only ones who bet on betting. As voters revolted against higher taxes in the late twentieth century, states saw legalized gambling as a panacea, a way of generating a new source of revenue without cutting public services or raising taxes. Even as evidence emerged that lotteries only provided a small percentage of state revenue, and even as data mounted about their appeal to the poor, states kept passing them and kept adding new games, desperate for their longshot gamble to pay off. Alongside stories of lottery winners and losers, Jonathan Cohen shows how gamblers have used prayer to help them win a jackpot, how states tried to pay for schools with scratch-off tickets, and how lottery advertising has targeted lower income and nonwhite communities. For a Dollar and a Dream charts the untold history of the nation's lottery system, revealing how players and policymakers alike got hooked on hopes for a gambling windfall.


Gambling in America

Gambling in America

Author: United States. Commission on the Review of the National Policy Toward Gambling

Publisher:

Published: 1976

Total Pages: 1430

ISBN-13:

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The Economic Consequences of State Lotteries

The Economic Consequences of State Lotteries

Author: Mary Borg

Publisher: Praeger

Published: 1991-09-30

Total Pages: 0

ISBN-13: 0275935701

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Examining the economic impact and consequences of state lotteries, this book focuses on the efficiency and equity of state government revenue and expenditure policy. The authors offer an analysis of equity issues by studying the Illinois and Florida lotteries, and address efficiency considerations through an examination of six education-supporting lotteries and their allocation and administration of revenue. Among the other topics discussed are the effect of lottery taxes on other sources of revenue, whether lottery tickets are purchased at the expense of necessities, and possible policies for enhancing lotteries.


The Economics of Gambling

The Economics of Gambling

Author: Leighton Vaughan-Williams

Publisher: Routledge

Published: 2005-09-27

Total Pages: 287

ISBN-13: 1134508387

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This timely and comprehensive book covers all the bases of the economics of gambling and fulfils the increasing need for a study into this most important factor of gambling.


The Foundations of Behavioral Economic Analysis

The Foundations of Behavioral Economic Analysis

Author: Sanjit Dhami

Publisher: Oxford University Press, USA

Published: 2020-01-02

Total Pages: 354

ISBN-13: 019885367X

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This fifth volume of The Foundations of Behavioral Economic Analysis covers behavioral models of learning. It is an essential guide for advanced undergraduate and postgraduate students seeking a concise and focused text on this important subject, and examines heuristics and biases in judgment and decision making, mental accounting, and behavioral finance and bounded rationality. This updated extract from Dhami's leading textbook allows the reader to pursue subsections of this vast and rapidly growing field and to tailor their reading to their specific interests in behavioral economics.