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Behavioural economics and drinking behaviour : preliminary results from an Irish college study

Author

Listed:
  • Liam Delaney
  • Colm Harmon
  • Patrick G. Wall

Abstract

This paper examines the results of single-equation regression models of the determinants of alcohol consumption patterns among college students modelling a rich variety of covariates including gender, family and peer drinking, tenure, personality, risk perception, time preferences and age of drinking onset. The results demonstrate very weak income effects and very strong effects of personality, peer drinking (in particular closest friend), time preferences and other substance use. The task of future research is to verify these results and assess causality using more detailed methods.

Suggested Citation

  • Liam Delaney & Colm Harmon & Patrick G. Wall, 2007. "Behavioural economics and drinking behaviour : preliminary results from an Irish college study," Working Papers 10197/591, Geary Institute, University College Dublin.
    • Handle: RePEc:ucd:wpaper:10197/591
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    File URL: http://hdl.handle.net/10197/591
    File Function: First version, 2007
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