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022 _a00222186
040 _aMSU
_bEnglish
_cMSU
_erda
050 0 0 _aHB73 JOU
100 1 _aCookson, J. Anthony
_eauthor
245 1 0 _aInstitutions and Casinos on American Indian Reservations:
_ban Empirical Analysis of the Location of Indian Casinos
_ccreated by J. Anthony Cookson
264 1 _aChicago:
_bUniversity of Chicago Press,
_c2010.
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aJournal of Law and Economics
_vVolume 53, number 4
520 3 _aThis paper empirically investigates the institutional determinants of whether a tribal government invests in a casino. I find that the presence of Indian casinos is strongly related to plausibly exogenous variation in reservations’ legal and political institutions. Tribal governments that can negotiate gaming compacts with multiple state governments, because tribal lands span state borders, had more than twice the estimated probability (.77 versus .32) of operating an Indian casino in 1999. Tribal governments of reservations where contracts are adjudicated in state courts, rather than tribal courts, have more than twice the estimated probability (.76 versus .34) of investing in an Indian casino, ceteris paribus. These findings suggest that states’ political pressures and predictable judiciaries affect incentives to invest in casinos. This study contributes, more generally, to the empirical literature on the effects of institutions by providing new evidence that low-cost contracting is important for taking advantage of substantial investment opportunities
650 _aCasinos
_vEconomic investment
_xGambling
650 _aJurisdiction
_vNative Americans
_xPublic investments
650 _aState courts
_vState government
_xTreaty lands
856 _uhttps://doi.org/10.1086/649030
942 _2lcc
_cJA
999 _c164385
_d164385