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Measuring the Subjective Value of Risky and Ambiguous Options using Experimental Economics and Functional MRI Methods
Published on: September 19, 2012
Gambling and the Law(®): Endless fields of dreams
1Whittier Law School, Whittier College, 5353 West 3rd Street, 90020, Los Angeles, CA.
Abstract:
This article examines the current trends of proliferation of commercial gaming, especially in the United States, in the context of the "third wave" of legalization of gambling that has been experienced since the founding of the nation. The author looks at the historic foundations of the spread of casino-style gambling, and notes the types of casino gaming that have led the way in the current expansion. He also points out why it is reasonable to expect that this wave too may come crashing down, as general acceptance of wide-spread casino gaming in America may indeed be short-lived.
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