Richard B Whitaker
Biographic Data
| ID | 698745 |
|---|---|
| NAME | Richard B Whitaker |
| GIVEN NAMES | Richard B |
| FAMILY NAME | Whitaker |
| SIGNATURE | WHITAKER R B |
| AFFILIATIONS | Eastern Illinois University |
| VERIFIED | No |
| TOTAL WORKS | 1 |
| TOTAL CITATIONS | 1 |
| AUTHOR COUNT | 1 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2007 |
| LATEST PUBLICATION YEAR | 2007 |
| H-INDEX | 1 |
State Lotteries and Agency Costs: Hidden Costs to Nonparticipants
Some nonparticipants support lotteries because they expect the lottery will shift a portion of their tax burden to participants. The principal-agent model suggests that lotteries will result in an above normal increase in state expenditures. This paper finds that 77 percent of net lottery proceeds are utilized for above normal spending increases, suggesting that tax benefits to nonparticipants are greatly diminished
State Lotteries and Agency Costs: Hidden Costs to Nonparticipants
Some nonparticipants support lotteries because they expect the lottery will shift a portion of their tax burden to participants. The principal-agent model suggests that lotteries will result in an above normal increase in state expenditures. This paper finds that 77 percent of net lottery proceeds are utilized for above normal spending increases, suggesting that tax benefits to nonparticipants are greatly diminished
State Lotteries and Agency Costs: Hidden Costs to Nonparticipants
Some nonparticipants support lotteries because they expect the lottery will shift a portion of their tax burden to participants. The principal-agent model suggests that lotteries will result in an above normal increase in state expenditures. This paper finds that 77 percent of net lottery proceeds are utilized for above normal spending increases, suggesting that tax benefits to nonparticipants are greatly diminished
Actuarial science (1 works) · Agency (philosophy) (1 works) · Computer Science (1 works) · Economics (1 works) · Financial Literacy, Pension, Retirement Analysis (1 works) · Gambling Behavior and Treatments (1 works) · Housing Market and Economics (1 works) · Lottery (1 works) · Mathematics (1 works) · Microeconomics (1 works)