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Social and Behavioral Sciences Commons

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Economics

Economics Department Working Papers

Series

2006

Public finance

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Gamblers’ Love For Variety And Substitution Among Lotto Games, Victor Matheson, Kent Grote Sep 2006

Gamblers’ Love For Variety And Substitution Among Lotto Games, Victor Matheson, Kent Grote

Economics Department Working Papers

This paper considers the whether offering multiple lotto games within a state by joining a multi-state lottery increases total ticket sales compared to offering a single state game. The question is considered from two different perspectives, which both lead to the conclusion that states do tend to benefit from increased ticket sales overall by joining a multi-state lottery association. There is, however, a noted difference in the magnitude of that effect depending on the size of the average jackpots of the previously existing state games.


Can New Orleans Play Its Way Past Katrina? The Role Of Professional Sports In The Redevelopment Of New Orleans, Victor Matheson, Robert Baade Feb 2006

Can New Orleans Play Its Way Past Katrina? The Role Of Professional Sports In The Redevelopment Of New Orleans, Victor Matheson, Robert Baade

Economics Department Working Papers

Hurricane Katrina devastated the city of New Orleans in late August 2005, and debates are now underway across the country concerning strategies for reconstructing the City. A key to redevelopment involves encouraging former citizens and businesses to return. Both of New Orleans’s professional sports teams, the National Football League Saints and the National Basketball Association Hornets, have taken up residence in other cities, and the question of what the city should provide in the way of financial accommodation to encourage them to return should be considered in devising a reconstruction plan. Infrastructure to facilitate professional sports and mega-events constitutes a …