Behavioural Economics and Drinking Behaviour: Preliminary Results from an Irish College Study
Publisher:'Behavioural Economics and Drinking Behaviour: Preliminary Results from an Irish College Study': University College Dublin Geary Institute 08 Mar 2007
A new discussion paper published by the Geary Institute in UCD examines the results of single-equation regression models of the determinants of alcohol consumption patterns among college students modelling 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.
Source: Daily Dose March 9, 2007