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).

For more information please visit the School of Economics & Finance home page.

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Recent Submissions

  • Consumer behaviour with environmental and social externalities : implications for analysis and policy 

    Dasgupta, P.; Southerton, D.; Ulph, A.; Ulph, D. (2015) - Journal article
    In this paper we summarise some of our recent work on consumer behaviour, drawing on recent developments in behavioural economics, particularly linked to sociology as much as psychology, in which consumers are embedded in ...
  • State dependent choice 

    Manzini, Paola; Mariotti, Marco (2015-09) - Journal article
    We propose a theory of choices that are influenced by the psychological state of the agent. The central hypothesis is that the psychological state controls the urgency of the attributes sought by the decision maker in the ...
  • The implications of unintended pregnancies for mental health in later life 

    Herd, Pamela; Higgins, Jenny; Sicinski, Kamil; Merkurieva, Irina (2016-03) - Journal article
    Despite decades of research on unintended pregnancies, we know little about the health implications for the women who experience them. Moreover, no study has examined the implications for women whose pregnancies occurred ...
  • Late career job loss and the decision to retire 

    Merkurieva, Irina (University of St Andrews, 2016-04-12) - Working or discussion paper
    This paper provides an empirical analysis of the effect of involuntary job loss on the lifetime income and labor supply of older workers. I develop and estimate a dynamic programming model of retirement and savings with ...
  • Welfare economics and bounded rationality : The case for model-based approaches 

    Manzini, Paola; Mariotti, Marco (2014-12) - Journal article
    In this paper we examine the problems facing a policy maker who observes inconsistent choices made by agents who are boundedly rational. We contrast a model-less and a model-based approach to welfare economics. We make the ...

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