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Behavioral Economics And Drinking Behavior: Preliminary Results From An Irish College Study

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  • LIAM DELANEY
  • COLM HARMON
  • PATRICK WALL

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 "D12, I31). Copyright (c) 2008 Western Economic Association International.

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Bibliographic Info

Article provided by Western Economic Association International in its journal Economic Inquiry.

Volume (Year): 46 (2008)
Issue (Month): 1 (01)
Pages: 29-36

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Handle: RePEc:bla:ecinqu:v:46:y:2008:i:1:p:29-36

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Blog mentions

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  1. Papers on Personality and Economics
    by Liam Delaney in Economics and Psychology Research on 2012-04-18 10:30:00
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Cited by:
  1. Sarah Brown & Mark N Harris & Preety Srivastava, 2013. "Modelling Illegal Drug Participation in Australia," Bankwest Curtin Economics Centre Working Paper series WP1303, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.
  2. William H Greene & Mark N Harris & Preety Srivastava & Xueyan Zhao, 2013. "Econometric Modelling of Social Bads," Bankwest Curtin Economics Centre Working Paper series WP1305, Bankwest Curtin Economics Centre (BCEC), Curtin Business School.

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