Behavioral Economics and Drinking Behavior: Preliminary Results from an Irish College Study

8 Pages Posted: 19 Mar 2008

See all articles by Liam Delaney

Liam Delaney

University College Dublin (UCD) - Geary Institute and Department of Economics

Colm P. Harmon

The University of Sydney - School of Economics; IZA Institute of Labor Economics

Patrick Wall

University College Dublin (UCD)

Abstract

This article examines the results of single-equation regression models of the determinants of alcohol consumption patterns among college students modeling 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.

JEL Classification: D12, I31

Suggested Citation

Delaney, Liam D. and Harmon, Colm P. and Wall, Patrick, Behavioral Economics and Drinking Behavior: Preliminary Results from an Irish College Study. Economic Inquiry, Vol. 46, No. 1, pp. 29-36, January 2008. Available at SSRN: https://ssrn.com/abstract=1105982 or http://dx.doi.org/10.1111/j.1465-7295.2007.00077.x

Liam D. Delaney (Contact Author)

University College Dublin (UCD) - Geary Institute and Department of Economics ( email )

Newman Building (Room G215)
Belfield, Dublin 4
Ireland

Colm P. Harmon

The University of Sydney - School of Economics ( email )

Rm 370 Merewether (H04)
Sydney, NSW 2006 2008
Australia

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Patrick Wall

University College Dublin (UCD) ( email )

Belfield, Dublin 4 4
Ireland

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