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008 | 240318b |||||||| |||| 00| 0 eng d | ||
022 | _a00222186 | ||
040 |
_aMSU _bEnglish _cMSU _erda |
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050 | 0 | 0 | _aHB73 JOU |
100 | 1 |
_aCookson, J. Anthony _eauthor |
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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. |
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336 |
_2rdacontent _atext _btxt |
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337 |
_2rdamedia _aunmediated _bn |
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338 |
_2rdacarrier _avolume _bnc |
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440 |
_aJournal of Law and Economics _vVolume 53, number 4 |
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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 |
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650 |
_aJurisdiction _vNative Americans _xPublic investments |
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650 |
_aState courts _vState government _xTreaty lands |
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856 | _uhttps://doi.org/10.1086/649030 | ||
942 |
_2lcc _cJA |
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999 |
_c164385 _d164385 |