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The Benefits and Costs of Slot Machine Gambling

Bibliographic Data

ID23625935
AuthorsScott Farrow (University of Maryland, Baltimore County), Chava Carter (University of Maryland, Baltimore County)
EditorsLeighton Vaughan-Williams, Donald S Siegel (0000-0002-7668-9751)
Year2013
Pages636-669
Publication date2013-11-12
Open AccessNo
TypeCHAPTER
VenueThe Oxford Handbook of the Economics of Gambling (SOURCE_BOOK)
PublisherOxford University Press (PUBLISHER • GB)
DOI10.1093/oxfordhb/9780199797912.013.0032
OpenAlexW243063233
ISBN9780199797912
LanguageEN

This chapter reviews the basic economic welfare criteria for slot machines, as implemented via benefit-cost analysis. More specifically, it provides a conceptualization of the benefits and costs of slot machines, as well as a scorecard for key elements of a benefit-cost analysis. The chapter also presents several illustrative empirical studies and discusses areas for additional research.

Balanced scorecard · Business · Computer security · Conceptualization · Cost benefit · Cost–benefit analysis · Key (lock) · Management science · Operations research · Political science · Process management · Risk analysis (engineering) · Artificial Intelligence · Computer Science · Engineering · Experimental Behavioral Economics Studies · Gambling Behavior and Treatments

Highly citedNo

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