Research Interests
Well-being economics. Behavioural economics, especially fairness, expert predictions, and the influences of luck and efforts on decision making process.
Teaching in 2020-2021
Distance Learning MBA
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IB921P: The Economics of Wellbeing
Undergraduate
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IB0070: Problem-Solving in Organisations
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IB3K80: The Economics of Well-Being
Biography
Nattavudh (Nick) Powdthavee joined WBS as Professor of Behavioural Science in 2016, after holding positions at the London School of Economics, University of Melbourne, Nanyang Technological University, and University of York. Nick specialises in well-being (or happiness) economics and behavioural economics, and has published over 40 articles in these two broad areas. Nick is currently serving as an Associate Editor for the Journal of Behavioural and Experiment Economics, and was the Chief and Founding Editor for the International Journal of Well-Being. He is the author of the popular science book called "The Happiness Equation: The Surprising Economics of our Most Valuable Asset".
For more details, see: www.powdthavee.co.uk
Publications
Journal Articles
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Brodeur, A., Clark, A. E., Fleche, S. and Powdthavee, N. (2021) "COVID-19, lockdowns and well-being : evidence from Google trends", Journal of Public Economics, 193, 104346
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Nattavudh Powdthavee (2021) "Education and pro-environmental attitudes and behaviours : a nonparametric regression discontinuity analysis of a major schooling reform in England and Wales", Ecological Economics, 181, 106931
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Kossuth, L., Powdthavee, N., Harris, D. and Chater, N. (2020) "Does it pay to bet on your favourite to win? Evidence on experienced utility from the 2018 FIFA World Cup experiment
", Journal of Economic Behavior & Organization, 171, 35-58
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Machia, L., Plagnol, A. and Powdthavee, N. (2020) "Buying happiness in an unequal world : rank of income more strongly predicts well-being in more unequal countries", Personality and Social Psychology Bulletin, 46, 5, 769-780
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Flèche, S., Lepinteur, A. and Powdthavee, N. (2020) "Gender norms, fairness and relative working hours within households", Labour Economics, 65, 101866
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Powdthavee, N. and Oswald, A. J. (2020) "Is there a link between air pollution and impaired memory? Evidence on 34,000 English citizens.
", Ecological Economics, 169, 106485
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Powdthavee, N., Plagnol, A., Frijters, P. and Clark, A. E. (2019) "Who got the Brexit blues? The effect of Brexit on subjective wellbeing in the UK", Economica, 86, 343, 471-494
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Macchia, L., Plagnol, A. C. and Powdthavee, N. (2019) "Why do people tolerate income inequality?", Harvard Business Review
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Cheng, T. C., Costa-i-Font, J. and Powdthavee, N. (2018) "Do you have to win it to fix it? A longitudinal study of lottery winners and their health care demand
", American Journal of Health Economics, 4, 1, 26-50
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Fleche, S., Lepinteur, A. and Powdthavee, N. (2018) "Gender norms and relative working hours : why do women suffer more than men from working longer hours than their partner?", AEA Papers and Proceedings, 108, 163-168
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Lekfuangfu, W. N., Powdthavee, N., Warrinnier, N. and Cornaglia, F. (2018) "Locus of control and its intergenerational implications for early childhood skill formation", The Economic Journal, 128, 608, 298-329
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Moschion, J. and Powdthavee, N. (2018) "The welfare implications of addictive substances : a longitudinal study of life satisfaction of drug users", Journal of Economic Behavior and Organization, 146, 206-221
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Powdthavee, N., Riyanto, Y. E. and Knetsch, J. L. (2018) "Lower-rated publications do lower academics’ judgments of publication lists : evidence from a survey experiment of economists
", Journal of Economic Psychology, 66, 33-44
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Cheng, T. C., Powdthavee, N. and Oswald, A. J. (2017) "Longitudinal evidence for a midlife nadir in human well-being : results from four data sets", The Economic Journal, 127, 599, 126-142
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Powdthavee, N., Burkhauser, R. V. and De Neve, J. (2017) "Top incomes and human well-being : evidence from the Gallup World Poll", Journal of Economic Psychology, 62, 246-257
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Buddelmeyer, H. and Powdthavee, N. (2016) "Can having internal locus of control insure against negative shocks? Psychological evidence from panel data", Journal of Economic Behavior & Organization, 122, 88-109
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Nattavudh Powdthavee (2015) "Would you like to know what makes people happy? An overview of the datasets on subjective well-being", Australian Economic Review, 48, 3, 314-320
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Li, J. and Powdthavee, N. (2015) "Does more education lead to better health habits? Evidence from the school reforms in Australia", Social Science & Medicine, 127, 83-91
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Yamamura, E., Tsutsui, Y., Yamane, C., Yamane, S. and Powdthavee, N. (2015) "Trust and happiness : comparative study before and after the Great East Japan earthquake", Social Indicators Research, 123, 3, 919-935
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Powdthavee, N., Lekfuangfu, W. N. and Wooden, M. (2015) "What's the good of education on our overall quality of life? A simultaneous equation model of education and life satisfaction for Australia", Journal of Behavioral and Experimental Economics, 54, 10-21
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Powdthavee, N. and Riyanto, Y. E. (2015) "Would you pay for transparently useless advice? A test of boundaries of beliefs in the folly of predictions", Review of Economics and Statistics, 97, 2, 257-272
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Powdthavee, N. and Wooden, M. (2015) "Life satisfaction and sexual minorities : evidence from Australia and the United Kingdom", Journal of Economic Behavior & Organization, 116, 107-126
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Drouvelis, M. and Powdthavee, N. (2015) "Are happier people less judgmental of other people's selfish behaviors? Experimental survey evidence from trust and gift exchange games", Journal of Behavioral and Experimental Economics, 58, 111-123
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Drouvelis, M., Metcalfe, R. and Powdthavee, N. (2015) "Can priming cooperation increase public good contributions?", Theory and Decision, 79, 3, 479-492
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Chongvilaivan, A. and Powdthavee, N. (2014) "Do different work characteristics have different distributional impacts on job satisfaction? A study of slope heterogeneity in workers’ well-being", British Journal of Industrial Relations, 52, 3, 426-444
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Nattavudh Powdthavee (2014) "What childhood characteristics predict psychological resilience to economic shocks in adulthood?", Journal of Economic Psychology, 45, 84-101
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Layard, R., Clark, A. E., Cornaglia, F., Powdthavee, N. and Vernoit, J. (2014) "What predicts a successful life? A life-course model of well-being", The Economic Journal, 124, 580, F720-F738
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Boyce, C. J., Wood, A. M. and Powdthavee, N. (2013) "Is personality fixed? Personality changes as much as “variable” economic factors and more strongly predicts changes to life satisfaction", Social Indicators Research, 111, 1, 287-305
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Powdthavee, N. and Vernoit, J. (2013) "Parental unemployment and children's happiness : a longitudinal study of young people's well-being in unemployed households", Labour Economics, 24, 253-263
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Dolan, P. and Powdthavee, N. (2012) "Thinking about it : a note on attention and well-being losses from unemployment", Applied Economics Letters, 19, 4, 325-328
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Nattavudh Powdthavee (2011) "Jobless, friendless and broke : what happens to different areas of life before and after unemployment?", Economica, 79, 315, 557-575
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Powdthavee, N. and van den Berg, B. (2011) "Putting different price tags on the same health condition : re-evaluating the well-being valuation approach", Journal of Health Economics , 30, 5, 1032-1043
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Metcalfe, R., Powdthavee, N. and Dolan, P. (2011) "Destruction and distress : using a quasi-experiment to show the effects of the September 11 attacks on mental well-being in the United Kingdom", The Economic Journal, 121, 550, F81-F103
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Nattavudh Powdthavee (2011) "Anticipation, free-rider problems, and adaptation to Trade Unions : re-examining the curious case of dissatisfied union members", ILR Review, 64, 5, 1000-1019
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Oswald, A. J. and Powdthavee, N. (2010) "Daughters and left-wing voting", Review of Economics and Statistics, The, Vol.92, No.2, 213-227
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Nattavudh Powdthavee (2010) "Does education reduce the risk of hypertension? Estimating the biomarker effect of compulsory schooling in England", Journal of Human Capital, 4, 2, 173-202
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Nattavudh Powdthavee (2010) "How much does money really matter? Estimating the causal effects of income on happiness", Empirical Economics, 39, 1, 77-92
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Nattavudh Powdthavee (2009) "How important is rank to individual perception of economic standing? A within-community analysis", The Journal of Economic Inequality, 7, 3, 225-248
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Nattavudh Powdthavee (2009) "I can’t smile without you : spousal correlation in life satisfaction", Journal of Economic Psychology, 30, 4, 675-689
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Vignoles, A. F. and Powdthavee, N. (2009) "The socioeconomic gap in university dropouts", The B.E. Journal of Economic Analysis & Policy, 9, 1
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Nattavudh Powdthavee (2009) "What happens to people before and after disability? Focusing effects, lead effects, and adaptation in different areas of life", Social Science & Medicine, 69, 12, 1834-1844
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Nattavudh Powdthavee (2009) "Think having children will make you happy?", Psychologist, 22, 4, 308-311
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Oswald, A. J. and Powdthavee, N. (2008) "Death, happiness, and the calculation of compensatory damages", Journal of Legal Studies, Vol.37, Suppl.2, S217-S251
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Nattavudh Powdthavee (2008) "Putting a price tag on friends, relatives, and neighbours : using surveys of life satisfaction to value social relationships", The Journal of Socio-Economics, 37, 4, 1459-1480
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Powdthavee, N. and Vignoles, A. (2008) "Mental health of parents and life satisfaction of children : a within-family analysis of intergenerational transmission of well-being", Social Indicators Research, 88, 3, 397-422
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Oswald, A. J. and Powdthavee, N. (2008) "Does happiness adapt? : a longitudinal study of disability with implications for economists and judges
", Journal of Public Economics, Vol.92, No.5/6, 1061-1077
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Oswald, A. J. and Powdthavee, N. (2007) "Obesity, unhappiness, and the challenge of affluence : theory and evidence", Economic Journal, Vol.117, No.6, 441-454
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Nattavudh Powdthavee (2007) "Feeling richer or poorer than others : a cross-section and panel analysis of subjective economic status in Indonesia", Asian Economic Journal, 21, 2, 169-194
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Nattavudh Powdthavee (2007) "Are there geographical variations in the psychological cost of unemployment in South Africa?", Social Indicators Research, 80, 3, 629-652
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Nattavudh Powdthavee (2005) "Unhappiness and crime : evidence from South Africa", Economica, 72, 287, 531-547
Book Review
Book Items
Dataset