Rationality versus irrationality in the Brexit process
The lecture considers the process of the Brexit decision and negotiations from the time the decision was made to hold a referendum to when Parliament made one of the most far-reaching decisions in generations. The lecturer considers some general principles of rationality and reviews how some basic concepts in economics can illuminate the nature and procedures of the decision-making process by voters, politicians and government and EU negotiators. The focus on rationality concerns the process of decision-making rather than the actual decisions. Although a decision-making process may have elements of irrationality this does not necessarily mean that the final decision is irrational.
Date:
14 May 2019, 17:00
Venue:
St Antony's College - North Site
Venue Details:
Seminar Room, European Studies Centre, 70 Woodstock Road, Oxford OX2 6HR
Speaker:
David Llewellyn (Loughborough University)
Organising department:
European Studies Centre
Organiser:
Julie Adams (St Antony's College, University of Oxford)
Organiser contact email address:
julie.adams@sant.ox.ac.uk
Host:
Charles Enoch (St Antony's College, Oxford)
Part of:
Political Economy of Financial Markets (PEFM)
Booking required?:
Not required
Audience:
Public
Editor:
Julie Adams
