Dr Rebecca McDonald

Dr Rebecca McDonald

The Department of Economics
Senior Lecturer in Economics

Contact details

Department of Economics
University of Birmingham
University House
University of Birmingham
B15 2TT

Rebecca is a lecturer in economics. She conducts research in behavioural economics using experimental methods. She studies how individuals value outcomes that do not have a clear market price, including health, online privacy, and the risk of fatality. In doing so, she explores how risk and delay affect the value of outcomes, and examines the stability of preferences within and across contexts.


PhD in Economics, Newcastle University 2013

MSc in Behavioural Economics, University of Nottingham 2010

BA in Economics, Newcastle University 2009


Stage 2 Microeconomics


Recent publications


Burro, G, McDonald, R, Read, D & Taj, U 2022, 'Patience decreases with age for the poor but not for the rich: an international comparison', Journal of Economic Behavior and Organization, vol. 193, pp. 596-621. https://doi.org/10.1016/j.jebo.2021.11.005

Bartczak, A, Budzinski, W, Chilton, SM, McDonald, R & Seested Nielsen, J 2021, 'Altruism and efficient allocations in three-generation households', Journal of Risk and Uncertainty, vol. 2021, pp. 1-23. https://doi.org/10.1007/s11166-021-09350-z

Mullett, T, McDonald, R & Brown, G 2020, 'Cooperation in public goods games predicts behaviour in incentive-matched binary dilemmas: evidence for stable pro-sociality', Economic Inquiry, vol. 58, no. 1, pp. 67-85. https://doi.org/10.1111/ecin.12796

McDonald, R, Mullett, TL & Tsuchiya, A 2020, 'Understanding the composite dimensions of the EQ-5D: An experimental approach', Social Science and Medicine, vol. 265, 113323. https://doi.org/10.1016/j.socscimed.2020.113323

McDonald, R, Mullett, TL & Tsuchiya, A 2020, 'Understanding the composite dimensions of the EQ-5D: an experimental approach', Social Science and Medicine.

Arroyos Calvera, D, Covey, J, Loomes, G & McDonald, R 2019, 'The efficiency-equity trade-off, self-interest, and moral principles in health and safety valuation', Social Science and Medicine, vol. 238, 112477. https://doi.org/10.1016/j.socscimed.2019.112477

Cubitt, R, Mcdonald, R & Read, D 2018, 'Time matters less when outcomes differ: unimodal vs. cross-modal comparisons in intertemporal choice', Management Science, vol. 64, no. 2, pp. 873-887. https://doi.org/10.1287/mnsc.2016.2613

Mcdonald, RL, Chilton, SM, Jones-lee, MW & Metcalf, HRT 2017, 'Evidence of variable discount rates and non-standard discounting in mortality risk valuation', Journal of Environmental Economics and Management, vol. 82, pp. 152-167. https://doi.org/10.1016/j.jeem.2016.11.005

Mcdonald, RL, Chilton, SM, Jones-lee, MW & Metcalf, HRT 2016, 'Dread and latency impacts on a VSL for cancer risk reductions', Journal of Risk and Uncertainty, vol. 52, no. 2, pp. 137-161. https://doi.org/10.1007/s11166-016-9235-x


McDonald, R 2017, Intertemporal Choice: foundations, non-monetary applications and future directions. in A Lewis (ed.), The Cambridge Handbook of Psychology and Economic Behavior. 2nd edn.

Conference contribution

Burgess, L, Skatova, A, Ma, S, McDonald, R & Maple, C 2019, The value of personal data in IoT: industry perspectives on consumer conceptions of value. in Living in the Internet of Things (IoT 2019). Institution of Engineering and Technology, Living in the Internet of Things, London, United Kingdom, 1/05/19. https://doi.org/10.1049/cp.2019.0150

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