Jackson, John D; Saurman, David S; Shughart II, William F - In: Public Choice 80 (1994) 3-4, pp. 245-63
This paper investigates the determinants of legal change in a public choice framework. An empirical model explaining the timing and probability of decisions to adopt state-operated lotteries is developed. Employing a Tobit estimator and explicitly considering the effects of state-specific...