Showing 1 - 10 of 134
The unique characteristics of Brian O'Driscoll's international rugby career provide a rare opportunity to obtain a measure of the impact of an individual player on the outcome of a team game. Generally, small samples and selection bias make such estimates unreliable. O'Driscoll, however, was an...
Persistent link: https://www.econbiz.de/10011440358
Following the Euro changeover in January 2002, consumers across the Euro Area perceived a sharp rise in inflation, in contrast to official figures. Several theories have been advanced to explain this apparent economic illusion, but they struggle to account for its striking scale and persistence....
Persistent link: https://www.econbiz.de/10010277577
How people perceive and forecast inflation has the potential to impact on a range of economic outcomes. We reveal large, systematic overestimation of inflation by Irish consumers, which varies by social group. In contrast to previous work in this area, our models suggest the upward bias and the...
Persistent link: https://www.econbiz.de/10010277705
How people perceive and forecast inflation has the potential to impact on a range of economic outcomes. We reveal large, systematic overestimation of inflation by Irish consumers, which varies by social group. In contrast to previous work in this area, our models suggest the upward bias and the...
Persistent link: https://www.econbiz.de/10003770258
The unique characteristics of Brian O'Driscoll's international rugby career provide a rare opportunity to obtain a measure of the impact of an individual player on the outcome of a team game. Generally, small samples and selection bias make such estimates unreliable. O'Driscoll, however, was an...
Persistent link: https://www.econbiz.de/10010402363
Following the Euro changeover in January 2002, consumers across the Euro Area perceived a sharp rise in inflation, in contrast to official figures. Several theories have been advanced to explain this apparent economic illusion, but they struggle to account for its striking scale and persistence....
Persistent link: https://www.econbiz.de/10003990371
In the absence of longitudinal data, recall data is used to examine participation in sport. Techniques of survival analysis are adapted and applied to illuminate the dynamics of sporting life. The likelihood of participation has a distinct pattern across the life-course, rising to a peak at 15...
Persistent link: https://www.econbiz.de/10003799682
This paper critically examines initial applications of Behavioural Economics (BE) to policymaking. It focuses primarily but not exclusively on what can be learnt from the early adopters of policies inspired by BE, notably America and Britain. BE is defined by its inductive scientific approach to...
Persistent link: https://www.econbiz.de/10009531381
This paper considers Ireland's banking crisis from the perspective of behavioural economics. It assesses whether known biases in judgement and decision-making were instrumental in the development and severity of the crisis. It investigates evidence that key decision-makers, including consumers,...
Persistent link: https://www.econbiz.de/10009126688
Persistent link: https://www.econbiz.de/10009758177