Professor Lisa Farrell



School /
Work Unit

Economics, Finance and Marketing

Contact Details

+61 3 9925 5891


Building: 80
Level: 11
Room: 104

City Campus



Lisa Farrell


  • Ph.D. Economics, Keele University.
  • MA Economics, Manchester University.
  • BA (Hons) in Economics, Staffordshire University.

Teaching/Work Roles

  • Applied Microeconomics (Honours)
  • Discipline Leader for Economics

Research Interests

  • Field of Research: Applied microeconomics
  • Lisa’s main area of expertise is in the fields of behavioural and health economics and, in particular, the consumption of risky (addictive) products.
  • Lisa is also an Editorial Board Member for the Journal of Gambling Business and Economics


Farrell, L. and Walker, I. (1999) The Welfare Effects of Lotto: Evidence from the UK. Journal of Public Economics, vol. 72, pp. 99-120.

Farrell, L., Morgenroth, E. and Walker, I. (1999) A Time Series Analysis of UK lottery Sales: the Long Run Price Elasticity. Oxford Bulletin of Economics and Statistics, vol. 61, pp. 513-526.

Farrell, L., Hartley, R., Lanot, G. and Walker, I. (2000) ‘The Demand for Lotto: the Role of Conscious Selection’. Journal of Business and Economic Statistics, vol. 18, pp. 228-241

Hartley, R. and Farrell, L (2002) ‘Can Friedman-Savage Utility Functions

Explain Gambling?’

American Economic Review, Volume 92 (3) pp. 613-624.

Farrell, L and Shields, M.A. (2002) ‘Investigating the Economic and Demographic Determinants of Sporting Participation in England.’ The Journal of the Royal Statistical Society of Series A, Volume 165 (2) pp. 335-348.

Creigh-Tyte, S. and Farrell, L. (2003) ‘Is the UK National Lottery experiencing lottery fatigue?’ in “The Economics of Gambling” edited by Vaughan-Williams, L. Routledge, pp. 165-182.

Brown, S., Farrell, L, and Sessions, J.G. (2006) Employment Contract Matching: An Analysis of Dual Earner Couples and Working Households. Small Business Economics. 26, pp. 155-172.

Brown, S., Farrell, L., Harris, M.N. and Sessions, J. (2006) ‘Risk Preference and Employment Contract Type’. The Journal of the Royal Statistical Society Series A, 169, Part 4, pp. 1-15.

Farrell L. and Shields, M.A. (2007) ‘Children as consumers: investigating child diary expenditure data’ Canadian Journal of Economics, Vol 40 No. 2. pp 445–467.

Farrell, L. and Frijters, P. (2008) ‘Choosing to become a ‘lost cause’: the perverse effects of benefit preconditions’ Oxford Economic Papers, Vol 60 (1) pp 1-19.

Farrell, L. and Forrest, D. K. (2008) ‘Measuring Displacement Effects across Gaming Products: A Study of Australian Gambling Markets’ Applied Economics, Vol 40 No. 1 pp53-62

Farrell, L. (2008) ‘When Welfare Economics and Gambling Studies Collide.’ in ‘Gaming in new the competitive environment’ edited by M. Viren, Palgrave/Macmillan.

Davidson, S., Farrell, L., Fry, T. and Mihajilo, S. (2008) "Contestabilty of Australian Federal Elections". Australian Journal of Political Science, Volume 43 (3), pp 547 – 554.

Aitken, C.K., Fry, T.R.L., Farrell, L. and Pellegrini, B. (2009) “Smokers of illicit tobacco report significantly worse health than other smokers” Nicotine and Tobacco Research, Volume 11 (8) pp 996-1001

Farrell, L., Fry, T.R.L., Harris, M. (2009) “A pack a day for twenty years: smoking and cigarette pack sizes” Applied Economics, Forthcoming.

Brown, S., Farrell, L. and Harris, M. (2010) “Modelling the Incidence of Self-Employment: Individual and Employment Type Heterogeneity” forthcoming Contemporary Economic Policy.

Short papers, notes and comments

“The development of the UK National Lottery: 1992-96- The Statistics of the National Lottery- Discussion” by L. Farrell and I. Walker in The Journal of the Royal Statistical Society of Series A, (1997) Vol 160 (2) p 222.

Comments on “Gambling Policy in the European Union: Too many losers?” By David Forest, Comments by Lisa Farrell in Finanz Archive Public Finance Analysis (2008) Volume 64 (4).