Browsing by Author "LUNN, PETE"
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Are Consumer Decision-Making Phenomena a Fourth Market Failure?
LUNN, PETE (ESRI, 2013-04-30)This paper challenges the increasingly common view that the findings of behavioural economics constitute a fourth type of market failure. The market failure framework elevates the standard competitive market model to the ... -
Behavioural Economics and Policymaking: Learning from the Early Adopters
LUNN, PETE (ESRI, 23/02/2012)This paper critically examines initial applications of Behavioural Economics (BE) to policymaking. It focuses primarily but not exclusively on what can be learnt from the early adopters of policies inspired by BE, notably ... -
The Euro Through the Looking-Glass: Perceived Inflation Following the 2002 Currency Changeover
LUNN, PETE; DUFFY, DAVID (2010)Following the Euro changeover in January 2002, consumers across the Euro Area perceived a sharp rise in inflation, in contrast to official figures. Several theories have been advanced to explain this apparent economic ... -
Households and Family Structures in Ireland
LUNN, PETE (ESRI, 2011)This is the second of two reports on the structure of families in Ireland based primarily on a detailed analysis of census data. Both reports uncover new findings on evolving family structures and aim to shed light on the ... -
The Impact of Recession on Migration: A Preliminary Analysis of Census 2011
LUNN, PETE (ESRI, 2012-06-18) -
Keeping Them in the Game: Taking Up and Dropping Out of Sport and Exercise in Ireland
LUNN, PETE; KELLY, ELISH (ESRI, 2013)This report presents the most comprehensive statistical analysis of active participation in sport and physical exercise in Ireland undertaken to date. We employ three large, nationally representative datasets, which ... -
Multiple Disadvantage in Ireland: An Equality Analysis of Census 2006
WATSON, DOROTHY; LUNN, PETE; QUINN, EMMA; RUSSELL, HELEN (The Equality Authority and the ESRI, 2012-03-23)This report draws on the full 2006 Census microdata file to examine the effects of belonging to groups who are disadvantaged according to the nine grounds identified in Equality Legislation (gender, civil status, family ... -
The Role of Decision-Making Biases in Ireland's Banking Crisis
LUNN, PETE (ESRI, 2011-05-19)This paper considers Ireland's banking crisis from the perspective of behavioural economics. It assesses whether known biases in judgement and decision-making were instrumental in the development and severity of the crisis. ... -
Telecommunications Consumers: A Behavioural Economic Analysis
LUNN, PETE (ESRI, 12/12/2011)This paper argues that telecommunications markets present the consumer with a decision-making environment that is particularly likely to be prone to established biases in consumer decision-making. The analysis identifies ... -
What Can I Get For It? A Theoretical and Empirical Re-Analysis of the Endowment Effect
LUNN, PETE (ESRI, 2011-04-28)We hypothesise and confirm a previously unnoticed pattern within pre-existing data on the endowment effect, collected via seven experiments employing the original design. Subjects with low valuations in binary choice ...