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calls for regulation because if their gambling like elements. Japan had similar mechanics in games for a long time called … Lootboxes are in comparison to "Gacha" in Japan and investigates whether they would qualify as gambling using a gambling … taxonomy. Lootboxes and Gacha can be seen as very similar and comparable and both would not qualify as gambling in traditional …
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This paper studies the effect of oil discoveries on economic growth in Brazilian municipalities for the period from 1940 to 2000. It uses a unique identification strategy which exploits data on the drilling of approximately 20,000 oil wells in Brazil since oil explorations began in the country....
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This paper offers a look at the Japanese mobile free to play market with a focus on "Gacha", a game of luck mechanism used in many Japanese games. The paper tries to explain about the concept of Gacha, its different forms, some known regulation issues and briefly looks at player and...
Persistent link: https://www.econbiz.de/10011756933
State tax revenues from casinos as a share of total state gaming revenues generally correlate well with the year of legalization. Theoretically speaking, heavy tax rates should dampen growth of the casino revenues in states that adopt them. Indeed, states with lower tax rates tend to have larger...
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Some consumption opportunities, e.g. medical treatments, are both indivisible and only valuable in particular states of nature. The existence of such state-dependent indivisible consumption opportunities influences a person's risk attitudes. In general, people are not risk averse anymore even if...
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