Andrew Somerville
Fellow Emeritus, Economics

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.

Publications and Further Research Outputs

Peer-Reviewed Publications

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, 2007

Somerville, R.A., Housing tenure in Ireland, The Economic and Social review, 38, (1), 2007, p107 - 134 Journal Article, 2007

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, 2004

Somerville, R.A., Insurance, consumption and saving: a dynamic analysis in continuous time, American Economic Review, 94, (4), 2004, p1130 - 1140 Journal Article, 2004

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, 2002

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, 2001

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, 1999

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 Journal Article, 1995

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 Journal Article, 1994

Somerville, R.A., The economic transformation of eastern Europe, Studies, 81, (323), 1992, p255 - 267 Journal Article, 1992

Non-Peer-Reviewed Publications

R.A. Somerville, Rationally Expected Externalities: The Implications for Optimal Waste Discharge and Recycling, 2012 Working Paper, 2012 URL

Research Expertise

Description

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.