he task force would spend over a year crafting a unique solution: a specialized currency called shares that went into an auction system that combined market efficiency and equitable distribution. To design the system they drew on the principles of market design, which Nobel Prize winning economist Al Roth called ‘the economist as engineer.’
Sports betting legalization reduces net investments of households by nearly 14% overall.
$1 of sports betting reduces net investment
by over $2, increases credit card debt, but has no effect on participation in lotteries or other online gambling
outlets.
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