Could a Pigouvian Subsidy Mitigate Poker Machine Externalities, in Australia?. Issue 4 (10th February 2015)
- Record Type:
- Journal Article
- Title:
- Could a Pigouvian Subsidy Mitigate Poker Machine Externalities, in Australia?. Issue 4 (10th February 2015)
- Main Title:
- Could a Pigouvian Subsidy Mitigate Poker Machine Externalities, in Australia?
- Authors:
- Rowell, David
Gyrd‐Hansen, Dorte - Abstract:
- Abstract: Habitual gambling with electronic gaming machines can generate negative externalities. However, it is not the gambling process (wagers placed) but the outcome (revenue lost), which is a principal cause of these externalities. The specification of a quadratic externality function implies the existence of a corner solution, whereby actuarially fair electronic gaming machines that offer wagers at zero prices, could affect a reduction in the gambling externalities produced. In this paper we explore under what conditions might the introduction of actuarially fair electronic gaming machines reduce externalities associated with electronic gaming machines gambling.
- Is Part Of:
- Economic papers. Volume 33:Issue 4(2014:Dec.)
- Journal:
- Economic papers
- Issue:
- Volume 33:Issue 4(2014:Dec.)
- Issue Display:
- Volume 33, Issue 4 (2014)
- Year:
- 2014
- Volume:
- 33
- Issue:
- 4
- Issue Sort Value:
- 2014-0033-0004-0000
- Page Start:
- 327
- Page End:
- 338
- Publication Date:
- 2015-02-10
- Subjects:
- gambling -- externalities -- Pigouvian subsidy
Economics -- Periodicals
Australia -- Economic conditions -- Periodicals
330.05 - Journal URLs:
- http://onlinelibrary.wiley.com/ ↗
http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1759-3441 ↗ - DOI:
- 10.1111/1759-3441.12090 ↗
- Languages:
- English
- ISSNs:
- 0812-0439
- Deposit Type:
- Legaldeposit
- View Content:
- Available online (eLD content is only available in our Reading Rooms) ↗
- Physical Locations:
- British Library DSC - BLDSS-3PM
British Library HMNTS - ELD Digital store - Ingest File:
- 4542.xml