Category: Theory

The Mechanics of Trading

This content is published on behalf of the Economics Policy Research Group. By Pratiksha Saha The process of integrating technology and finance is not new and the threats that developments in software bring to the finance industry are well documented. However, the rapid innovation that is occurring in the field of Artificial intelligence demands a…

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Behavioural Economics and Climate Change

This content is published on behalf of the Economics Policy Research Group. By Soyoun Won This essay is aimed to analyse how behavioural economics can contribute to solving the climate change problem. The Alliance of Small Island States (AOSIS), including Nauru, Tuvalu and Vanuatu, are at stake of their national survival due to the rise…

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Musk Effect: Social Media Influence on Share Price

This content is published on behalf of the Economic Policy Research Group By Dain Rohtla  Finance is an ever-changing field that shifts as the world around it does. With the growing presence of social media, it is indispensable in business. Behavioral finance takes people’s biases and judgement into account and assumes people do not always…

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Creative Destruction: The Collapse of Thomas Cook

By Lucy Wright ‘Move fast and break things.’ The motto of Facebook founder and CEO Mark Zuckerberg encapsulates a sentiment which could be aptly applied to the attitudes the economic structure in which we currently reside. Our fashion is fast, our media is churned out by the minute, our transport uber quick. Yet this defining image…

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Behavioural Economics: how far has it come and what’s next?

This content is published on behalf of the Economics Policy Research Group By Valeria Ryabchina When I first came to St Andrews my degree was Economics & Psychology, and when asked to explain such an unusual choice, I would often say ‘I like behavioural economics’. Up until December 2017, many non-Economics students would have told…

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