Pálsson is studying Social and Economic Development with an emphasis on the Circumpolar North, at the University of Akureyri, Iceland, where he has lived most of his life. "The research for my bachelor thesis is focused on global change impacts in the Arctic with special focus on the north Atlantic region - Greenland and Iceland. My focus is on the socio-economic impacts of global change," said Pálsson.
It was an easy decision for him to stay in Akureyri for his studies. "I really like it in Akureyri. It is a town of 17 thousand inhabitants where almost everybody has the feeling that everybody knows everybody," he said.
It’s not that Pálsson can't leave the north. The fact is he doesn't really want to. "The main reason for I have staying in the north is that I love being here, I love breathing fresh air every day, which is priceless, even when it is cold," he concluded.