RUcore: Rutgers University Community Repository
Demand estimation and policy implications in markets for casino gaming and electricity
Descriptive
TitleInfo
(displayLabel = Citation Title);
(type = uniform)
Title
Demand estimation and policy implications in markets for casino gaming and electricity
Name
(ID = NAME001);
(type = personal)
NamePart
(type = family)
Lauve
NamePart
(type = given)
Maria
DisplayForm
Maria Lauve
Role
RoleTerm
(authority = RULIB)
author
Name
(ID = NAME002);
(type = personal)
NamePart
(type = family)
Perry
NamePart
(type = given)
Martin
Affiliation
Advisory Committee
DisplayForm
Martin K Perry
Role
RoleTerm
(authority = RULIB)
chair
Name
(ID = NAME003);
(type = personal)
NamePart
(type = family)
Landon-Lane
NamePart
(type = given)
John
Affiliation
Advisory Committee
DisplayForm
John Landon-Lane
Role
RoleTerm
(authority = RULIB)
internal member
Name
(ID = NAME004);
(type = personal)
NamePart
(type = family)
Campbell
NamePart
(type = given)
Colin
Affiliation
Advisory Committee
DisplayForm
Colin Campbell
Role
RoleTerm
(authority = RULIB)
internal member
Name
(ID = NAME005);
(type = personal)
NamePart
(type = family)
Abere
NamePart
(type = given)
Andrew
Affiliation
Advisory Committee
DisplayForm
Andrew Abere
Role
RoleTerm
(authority = RULIB)
outside member
Name
(ID = NAME006);
(type = corporate)
NamePart
Rutgers University
Role
RoleTerm
(authority = RULIB)
degree grantor
Name
(ID = NAME007);
(type = corporate)
NamePart
Graduate School - New Brunswick
Role
RoleTerm
(authority = RULIB)
school
TypeOfResource
Text
Genre
(authority = marcgt)
theses
OriginInfo
DateCreated
(qualifier = exact)
2007
DateOther
(qualifier = exact);
(type = degree)
2007
Language
LanguageTerm
English
PhysicalDescription
Form
(authority = marcform)
electronic
InternetMediaType
application/pdf
InternetMediaType
text/xml
Extent
x, 115 pages
Abstract
Two studies explore the potential for demand models to inform policy decisions when only aggregated price and quantity data are available. The first is a study of the Atlantic City casino industry. Legislation recently adopted by Pennsylvania and New York is generating new growth in the casino industry in the northeastern United States. Studies have shown that product differentiation is the best way for existing casinos to remain competitive under these conditions. The state of New Jersey and the Atlantic City casinos have undertaken several improvements in and around the casinos to improve the overall gaming experience. While these improvements will go a long way toward ensuring that the casinos maintain market share of gaming revenues and that the state continues to reap the economic benefits of the industry, unexploited potential may remain. This study estimates a discrete-choice model to determine which product characteristics will have the greatest impact on demand. Results suggest the overall number of recipients of complementary goods is more important than the total value of these goods. Additionally, consumers appear to prefer newer casinos and newer gaming technology indicating that regular upgrades in casino facilities may be justified.
The second is a study of California's energy markets. Evidence of energy conservation in California during the deregulation crisis of 2000-2001 raises questions about the role of altruism, or social responsibility, in household and firm behavior. The crisis provides a unique opportunity to reexamine the theories and empirical findings previously developed in the context of over-compliance (cases in which firms reduce pollution emissions below the levels required by regulations). This study capitalizes on the fact that retail energy prices are constant over a significant portion of the observation period, thereby eliminating rising prices as a cause for reduced energy consumption. The study attempts to shed new light on the subject of social responsibility by examining the behavior of economic agents across sectors. Monthly panel data, aggregated by sector, for the period beginning February 1997 and ending December 2001 are used in the analysis. Results suggest that households may be more sensitive to public media announcements than firms.
The second is a study of California's energy markets. Evidence of energy conservation in California during the deregulation crisis of 2000-2001 raises questions about the role of altruism, or social responsibility, in household and firm behavior. The crisis provides a unique opportunity to reexamine the theories and empirical findings previously developed in the context of over-compliance (cases in which firms reduce pollution emissions below the levels required by regulations). This study capitalizes on the fact that retail energy prices are constant over a significant portion of the observation period, thereby eliminating rising prices as a cause for reduced energy consumption. The study attempts to shed new light on the subject of social responsibility by examining the behavior of economic agents across sectors. Monthly panel data, aggregated by sector, for the period beginning February 1997 and ending December 2001 are used in the analysis. Results suggest that households may be more sensitive to public media announcements than firms.
Note
(type = degree)
Ph.D.
Note
(type = bibliography)
Includes bibliographical references (p. 112-114).
Subject
(ID = SUBJ1);
(authority = RUETD)
Topic
Economics
Subject
(ID = SUBJ2);
(authority = ETD-LCSH)
Topic
Demand (Economic theory)
Subject
(ID = SUBJ3);
(authority = ETD-LCSH)
Topic
Production (Economic theory)
Subject
(ID = SUBJ4);
(authority = ETD-LCSH)
Topic
Casinos--Economic aspects
Subject
(ID = SUBJ5);
(authority = ETD-LCSH)
Topic
Gaming industry--Economic aspects
Subject
(ID = SUBJ6);
(authority = ETD-LCSH)
Topic
Electric power production--Economic aspects
Subject
(ID = SUBJ7);
(authority = ETD-LCSH)
Topic
Supply and demand
RelatedItem
(type = host)
TitleInfo
Title
Graduate School - New Brunswick Electronic Theses and Dissertations
Identifier
(type = local)
rucore19991600001
Identifier
(type = hdl)
http://hdl.rutgers.edu/1782.2/rucore10001600001.ETD.16613
Identifier
ETD_457
Location
PhysicalLocation
(authority = marcorg);
(displayLabel = Rutgers, The State University of New Jersey)
NjNbRU
Identifier
(type = doi)
doi:10.7282/T3CN749D
Genre
(authority = ExL-Esploro)
ETD doctoral
Back to the top
Rights
RightsDeclaration
(AUTHORITY = GS);
(ID = rulibRdec0006)
The author owns the copyright to this work.
Copyright
Status
Copyright protected
Availability
Status
Open
AssociatedEntity
(AUTHORITY = rulib);
(ID = 1)
Name
Maria Lauve
Role
Copyright holder
Affiliation
Rutgers University. Graduate School - New Brunswick
RightsEvent
(AUTHORITY = rulib);
(ID = 1)
Type
Permission or license
Detail
Non-exclusive ETD license
AssociatedObject
(AUTHORITY = rulib);
(ID = 1)
Type
License
Name
Author Agreement License
Detail
I hereby grant to the Rutgers University Libraries and to my school the non-exclusive right to archive, reproduce and distribute my thesis or dissertation, in whole or in part, and/or my abstract, in whole or in part, in and from an electronic format, subject to the release date subsequently stipulated in this submittal form and approved by my school. I represent and stipulate that the thesis or dissertation and its abstract are my original work, that they do not infringe or violate any rights of others, and that I make these grants as the sole owner of the rights to my thesis or dissertation and its abstract. I represent that I have obtained written permissions, when necessary, from the owner(s) of each third party copyrighted matter to be included in my thesis or dissertation and will supply copies of such upon request by my school. I acknowledge that RU ETD and my school will not distribute my thesis or dissertation or its abstract if, in their reasonable judgment, they believe all such rights have not been secured. I acknowledge that I retain ownership rights to the copyright of my work. I also retain the right to use all or part of this thesis or dissertation in future works, such as articles or books.
Back to the top
Technical
Format
(TYPE = mime);
(VERSION = )
application/x-tar
FileSize
(UNIT = bytes)
373248
Checksum
(METHOD = SHA1)
a8852fadbfbf3b87f12a2f48672980f2800f8bca
ContentModel
ETD
CompressionScheme
other
OperatingSystem
(VERSION = 5.1)
windows xp
Format
(TYPE = mime);
(VERSION = NULL)
application/x-tar
Back to the top
Statistical Profile