Truth on the Market

Academic commentary on law, business, economics and more

Do Casinos Cause Crime?

Posted by Josh Wright on March 25, 2008

Grinols and Mustard (2006) answer “Yes” in their ReStat article.  Douglas Walker rebuts and Grinols and Mustard reply in the latest issue of Econ Journal Watch — which you should be reading.  The debate largely involves issues of measurement error and endogeneity, e.g. accounting for the possibility that crime cause casinos, and is accessible to non-economists.

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