Lawrence McDonough

Visiting Adjunct Associate Professor of Economics

Contact Information

Department of Economics
Dunning Hall
Queen's University
Kingston, Ontario K7L 3N6
Canada

Phone: (613) 533-2289
Fax: (613) 533-6668
E-mail: mcdonoug@qed.econ.queensu.ca

CEA2000

• Boundedly Rational Agents and the Favourite-Longshot Bias in Parimutuel Betting
  (Note:  Panel A and Panel B are located on pages 25 and 26, respectively, at the end of the document)

Recent Publications

• "Funding Postsecondary Education: A Full Tuition, Private Sector, Income Contingent Repayment Plan", with Roger Wright, Canadian Journal of Higher Education, XXVIII, 1, 41-76, 1998.

• "Stress and Coping with Quebec's Impending Referendum: A Repatriation Act", with Timothy Thomas, Constitutional Forum, 9-3, 83-94, 1998

• "Financing the Investment in Child Care", with Ugurhan Berkok, Policy Options, 18-1,34-37, 1997.

• "The Favourite-Longshot Bias in Parimutuel Betting: A Clarification of the Explanation That Bettors Like to Bet Longshots," with William Hurley, Economics Letters, 52(3), September 1996, pages 275-78.

• "A Note on the Hayek Hypothesis and the Favorite-Longshot Bias in Parimutuel Betting," with William Hurley, American Economic Review, 85(4), September 1995, pages 949-55.

• "Welfare Gains from Taxation in an Open Economy: Applied General Equilibrium Results," with Lance Eric Brannman, Japan and the World Economy, 5(4), 1993, pages 373-85.

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