Andrew Somerville
Professor
Economics
Trinity College Dublin
Ireland
Biography
BA (Mod.) in Economics and Political Science (Dubl., 1972). Prizewinner and medallist. MSc (Econ.) in Mathematical Economics and Econometrics (Lond., 1974). MBA (City, 1985). PhD (City, 1991). Lecturer in economics at TCD from 1974, senior lecturer from 1996. FTCD 2005. Head of the Department of Economics 2006-2009.
Research Interest
Dr Somerville is a Senior Lecturer in the Department of Economics and is a graduate of Dublin University. Recently, his areas of interest have included finance, microeconomic theory, the measurement of cost-of-living indexes, the Irish housing market, and the economics of insurance. He has published on all these topics, and his papers have appeared in journals in Ireland, Europe and the United States. His current research is on production theory, welfare economics including the economics of externalities, measuring research quality, and Poisson uncertainty in economic modelling.
Publications
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R.A. Somerville, Rationally Expected Externalities: The Implications for Optimal Waste Discharge and Recycling, 2012
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Somerville, R.A., The economic transformation of eastern Europe, Studies, 81, (323), 1992, p255 - 267
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Somerville, R.A., and R.J. Taffler, The predictability of debt-servicing difficulties among less-developed countries, Review of Quantitative Finance and Accounting, 4, (4), 1994, p339 - 356
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Somerville, R.A., and R.J. Taffler, Banker judgement versus formal forecasting models - the case of country risk assessment, Journal of Banking and Finance, 19, (2), 1995, p281 - 297
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Somerville, R.A., Medical insurance, community rating, and adverse selection: an overlapping generations perspective, Economic and Social Review, 29, (3), 1999, p285 - 300, Journal Article, PUBLISHED
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Somerville R.A., and R.J. Taffler, LDC Credit-risk forecasting and banker judgement, Journal of Business Finance and Accounting, 28, (3&4), 2001, p447 - 464, Journal Article, PUBLISHED
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Somerville, R.A., and Paul G.J. O Connell, On the endogeneity of the mean-variance efficient frontier, Journal of Economic Education, 33, (4), 2002, p357 - 366, Journal Article, PUBLISHED
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Somerville, R.A., Changes in relative consumer prices and the substitution bias of the Laspeyres price index: Ireland, 1985-2001, Economic and Social Review, 35, (1), 2004, p55 - 82, Journal Article, PUBLISHED
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Somerville, R.A., Insurance, consumption and saving: a dynamic analysis in continuous time, American Economic Review, 94, (4), 2004, p1130 - 1140, Journal Article, PUBLISHED
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Somerville, R.A., Differentiable technology, the curvature of the profit function, and the response of supply to own-price changes, The Journal of Economic Education, 38, (2), 2007, p222 - 228, Journal Article, PUBLISHED
