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Georgios Kavetsos.

Georgios Kavetsos

Associate

Expertise: applied microeconomics, behavioural economics, subjective wellbeing, welfare economics

Telephone:
020 7882 6610
Email:
g.kavetsos@qmul.ac.uk
Connect:
Twitter
Website
Links:
CEP Community Wellbeing
Queen Mary University London

Biography

Dr Giorgios Kavetsos is an Associate Professor in Behavioural Science at Queen Mary University of London, a Research Associate at the Centre for Economic Performance at the London School of Economics, and an Affiliate Scientist at the Lee Kum Sheung Center for Health and Happiness at Harvard University.

Current areas of research include:

  • Subjective wellbeing: preferences for subjective wellbeing; trade-offs between subjective wellbeing and other dimensions of life
  • Behavioural science: impact of a pay transparency initiative on the gender pay gap; UK higher education sector

Publications

Journal article
Faster, higher, stronger… and happier? Relative achievement and marginal rank effects

Most prior research on the relationship between relative attainment and subjective wellbeing focuses on relative income. The direction of this relationship may, however, be positive or negative. Defining the target compa... Read more...

Paul Dolan, Georgios Kavetsos and Laura Kudrna

01 December 2021

CEP discussion papers
"Better the devil you know": are stated preferences over health and happiness determined by how healthy and happy people are?

Most people want to be both happy and healthy. But which matters most when there is a trade-off between them? This paper addresses this question by asking 4,000 members of the public in the UK and the US to make various ... Read more...

Matthew D. Adler, Paul Dolan, Amanda Henwood and Georgios Kavetsos

01 November 2021

Blog
How a focus on wellbeing can help us make better policy decisions

Deaths, hospitalisations and cases have been the default metrics for policymakers during the pandemic. Paul Dolan (LSE) and a team of behavioural science experts propose a broader way of measuring policy outcomes that co... Read more...

Celia Blanco-Jimenez, Liam Delaney, Paul Dolan, Georgios Kavetsos, Christian Krekel, Laura Kudrna, Kate Laffan, Richard Layard, Gus O'Donnell and Jet Sanders

05 March 2021

Journal article
Quantifying the intangible impact of the Olympics using subjective well-being data

Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi-experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in Lond... Read more...

Paul Dolan, Georgios Kavetsos, Christian Krekel, Dimitris Mavridis, Robert Metcalfe, Claudia Senik, Stefan Szymanski and Nicolas R. Ziebarth

01 September 2019

CEP discussion papers
Quantifying the intangible impact of the Olympics using subjective well-being data

Hosting the Olympic Games costs billions of taxpayer dollars. Following a quasi-experimental setting, this paper assesses the intangible impact of the London 2012 Olympics, using a novel panel of 26,000 residents in Lond... Read more...

Paul Dolan, Georgios Kavetsos, Christian Krekel, Dimitris Mavridis, Robert Metcalfe, Claudia Senik, Stefan Szymanski and Nicolas R. Ziebarth

12 August 2019

CEP discussion papers
The effect of the Brexit referendum result on subjective well-being

We study the effect of the Brexit referendum result on subjective well-being in the United Kingdom. Using a quasi-experimental design, we find that this outcome led to an overall decrease in subjective well-being in the ... Read more...

Georgios Kavetsos, Ichiro Kawachi, Ilias Kyriopoulos and Sotiris Vandoros

07 December 2018

Journal article
The asymmetric experience of positive and negative economic growth: Global evidence using subjective well-being data

Are individuals more sensitive to losses than gains in terms of economic growth?We find that measures of subjective well-being are more than twice as sensitive to negative as compared to positive economic growth. We use ... Read more...

Femke De Keulenaer, Jan-Emmanuel De Neve, Georgios Kavetsos, Michael I. Norton, Bert Van Landeghem and George Ward

01 May 2018

Journal article
Would you choose to be happy? Tradeoffs between happiness and the other dimensions of life in a large population survey

A large literature documents the determinants of happiness. But is happiness all that people want from life; and if so, what type of happiness matters to them? Or are they willing to sacrifice happiness (however it is de... Read more...

Matthew D. Adler, Paul Dolan and Georgios Kavetsos

01 July 2017

CEP discussion papers
The host with the most? The effects of the Olympic Games on happiness

We show that hosting the Olympic Games in 2012 had a positive impact on the life satisfaction and happiness of Londoners during the Games, compared to residents of Paris and Berlin. Notwithstanding issues of causal infer... Read more...

Paul Dolan, Georgios Kavetsos, Christian Krekel, Dimitris Mavridis, Robert Metcalfe, Claudia Senik, Stefan Szymanski and Nicolas R. Ziebarth

26 July 2016

CEP discussion papers
Without my medal on my mind: counterfactual thinking and other determinants of athlete emotions

How achievement makes people feel depends upon counterfactual thoughts about what could have been. One body of evidence for this comes from studies of observer ratings of Olympians' happiness, which suggests that categor... Read more...

Paul Dolan, Chloe Foy, Georgios Kavetsos and Laura Kudrna

21 June 2016

CEP discussion papers
Would you choose to be happy? Tradeoffs between happiness and the other dimensions of life in a large population survey

A large literature documents the correlates and causes of subjective well-being, or happiness. But few studies have investigated whether people choose happiness. Is happiness all that people want from life, or are they w... Read more...

Matthew D. Adler, Paul Dolan and Georgios Kavetsos

01 August 2015

Journal article
Happy talk: mode of administration effects on subjective well-being

There is increasing interest in subjective well-being (SWB) both in academic and policy circles. As a result, considerable research efforts are now being directed at the validity and reliability of SWB measures. This stu... Read more...

Paul Dolan and Georgios Kavetsos

06 May 2015

CentrePiece - The magazine of the Centre for Economic Performance
In brief: Business cycle blues

People do not psychologically benefit from economic expansions nearly as much as they suffer from recessions, according to research by JanEmmanuel De Neve and colleagues.... Read more...

Femke De Keulenaer, Jan-Emmanuel De Neve, Georgios Kavetsos, Michael I. Norton, Bert Van Landeghem and George W. Ward

19 January 2015

CEP discussion papers
The Asymmetric Experience of Positive and Negative Economic Growth: Global Evidence Using Subjective Well-Being Data

Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth is experienced. We find that mea... Read more...

Femke De Keulenaer, Jan-Emmanuel De Neve, Georgios Kavetsos, Michael I. Norton, Bert Van Landeghem and George W. Ward

08 October 2014

CEP discussion papers
Happy Talk: mode of administration effects on subjective well-being

Research on the measurement of subjective well-being (SWB) has escalated in recent years. This study contributes to the literature by examining how SWB reports differ by mode of survey administration. Using data from the... Read more...

Paul Dolan and Georgios Kavetsos

31 July 2012

SERC Discussion Papers
Form or Function? The Impact of New Football Stadia on Property Prices in London

Prestigious sports facilities increasingly feature among the most expensive development projects worldwide. Considerable public funds are often committed based on expected neighbourhood effects. This paper focuses on the... Read more...

Gabriel M. Ahlfeldt and Georgios Kavetsos

13 July 2011

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