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Staff Biography

[Photo: Nattavudh POWDTHAVEE] Professor Nattavudh POWDTHAVEE
Associate - Wellbeing
Tel:  024 765 24580
Email: Nattavudh.Powdthavee@wbs.ac.uk

Warwick Business School

Curriculum Vitae PDF  Personal WebSite WWW

Expertise: Economics of happiness; behavioural economics; applied microeconometrics


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".


  • BSc. in Economics and Management/Brunel University
  • MSc. in Economics/Warwick University
  • PhD. in Economics/Warwick University

Affiliations/Professional activities with other institutions:

  • The Melbourne Institute of Applied Economics and Social Research - Professorial Research Fellow
  • IZA - Research Associate

Selected Publications:

  • The Origins of Happiness: The science of wellbeing over the life course (forthcoming), Princeton University Press

  • Putting different price tags on the same health problem: Re-evaluating the well-being valuation approach (with Bernard Van Den Berg), Journal of Health Economics, 30(5),1032-1043.

  • Does happiness adapt? A longitudinal study of disability with implications for economists and judges, Journal of Public Economics, 92, 1061-1077. (with Andrew J Oswald)

CEP Publications

CEP discussion paper
COVID-19, Lockdowns and Well-being: Evidence from Google Trends Abel Brodeur, Andrew E. Clark, Sarah Flèche and Nattavudh Powdthavee
May 2020
Paper No' CEPDP1693:
Read Abstract | Full Paper (pdf)

JEL Classification: I12; I31; J22

Tags: boredom; covid-19; loneliness; well-being

Journal article
Gender Norms and Relative Working Hours: Why Do Women Suffer More Than Men from Working Longer Hours Than Their Partners? Sarah Flèche, Anthony Lepinteur and Nattavudh Powdthavee May 2018
Paper No' :
Read Abstract |
Journal article
Do you have to win it to fix it?: A longitudinal study of lottery winners and their health-care demand Terence C. Cheng, Joan Costa Font and Nattavudh Powdthavee
January 2018
Paper No' :
Read Abstract |

Tags: health care; income elasticity; lottery wins; public-private;

CEP discussion paper
The Key Determinants of Happiness and Misery Andrew E. Clark, Sarah Flèche, Richard Layard, Nattavudh Powdthavee and George Ward
June 2017
Paper No' CEPDP1485:
Read Abstract | Full Paper (pdf)

JEL Classification: I31; I10

Tags: happiness; subjective wellbeing; life satisfaction; government; mental health

CentrePiece article
Origins of happiness Andrew Clark, Sarah Flèche, Richard Layard, Nattavudh Powdthavee and George Ward
March 2017
Paper No' CEPCP497:
Read Abstract | Full Paper (pdf)

CentrePiece 22 (1) Spring 2017

Tags: happiness; wellbeing; government; mental health

CEP discussion paper
Top Incomes and Human Well-Being Around the World Richard V. Burkhauser, Jan-Emmanuel De Neve and Nattavudh Powdthavee
January 2016
Paper No' CEPDP1400:
Read Abstract | Full Paper (pdf)

JEL Classification: D63; I3

Tags: top income; life evaluation; well-being; income inequality; world top income database; gallup world poll

CEP discussion paper
Early Maternal Employment and Non-cognitive Outcomes in Early Childhood and Adolescence: Evidence from British Birth Cohort Data Andrew E. Clark, Warn N. Lekfuangfu, Nattavudh Powdthavee and George Ward October 2015
Paper No' CEPDP1380:
Read Abstract | Full Paper (pdf)

JEL Classification: D1; I3; J6

Tags: child outcomes; maternal employment; well-being; conduct; alspac

CEP discussion paper
Do You Have To Win It To Fix It? A Longitudinal Study of Lottery Winners and Their Health Care Demand Terence C. Cheng, Joan Costa Font and Nattavudh Powdthavee
March 2015
Paper No' CEPDP1339:
Read Abstract | Full Paper (pdf)

JEL Classification: H42; I11; D1

Tags: lottery wins; health care; income elasticity; public-private

CEP discussion paper
Are Happier People Less Judgmental of Other People's Selfish Behaviors? Laboratory Evidence from Trust and Gift Exchange Games Michalis Drouvelis and Nattavudh Powdthavee July 2013
Paper No' CEPDP1231:
Read Abstract | Full Paper (pdf)

JEL Classification: C91

Tags: happiness; moral judgments; trust games; gift exchange games

CEP discussion paper
Resilience to Economic Shocks and the Long Reach of Childhood Bullying Nattavudh Powdthavee
October 2012
Paper No' CEPDP1173:
Read Abstract | Full Paper (pdf)

JEL Classification: D03; I19; J64

Tags: resilience; adaptation; happiness; unemployment; childhood; well-being

CEP discussion paper
Why Do People Pay for Useless Advice? Nattavudh Powdthavee and Yohanes E. Riyanto
June 2012
Paper No' CEPDP1153:
Read Abstract | Full Paper (pdf)

JEL Classification: C91; D03

Tags: behavioral finance; hot-hand; random streak; expertise; information

CEE/Education and skills discussion paper
Using Rate of Return Analyses to Understand Sector Skill Needs Nattavudh Powdthavee and Anna Vignoles
July 2006
Paper No' CEEDP0070:
Full Paper (pdf)

Tags: returns to education; sector skills