Economics & Finance
Our research strengths are in dynamic macroeconomics, choice theory, bounded rationality, game theory, expectations and learning, competition and innovation and climate change. We support two research centres - the Centre for Dynamic Macroeconomic Analysis (CDMA) and the Centre for Research in Industry, Enterprise, Finance and the Firm (CRIEFF), and we are also actively involved in the Scottish Institute for Research in Economics (SIRE).
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Collections in this community
(Central Bank of Chile, 2016) - Book item
(University of St Andrews, 2016-11-23) - Working or discussion paperEmpirical evidence suggests that an important determinant of subjective well-being is how an individual’s consumption compares with that of their immediate peers. We introduce peer comparisons into the standard optimal tax ...
(2016-11-16) - Journal articleThe literature recognizes the qualitative effects of risk aversion on oligopolistic market performance, but less is known about their magnitudes. We quantitatively evaluate these effects in Cournot and Bertrand oligopolies ...
(2016-03) - Journal articleThreatened by climate change, governments the world over are attempting to nudge markets in the direction of less carbon-intensive energy. Perversely, many of these governments continue to subsidize fossil fuels, distorting ...
(University of St Andrews, 2016-11-01) - Working or discussion paperWhy are the East sides of former industrial cities like London or New York poorer and more deprived? We argue that this observation is the most visible consequence of the historically unequal distribution of air pollutants ...