Nattavudh Powdthavee

Research Fellow

Nanyang Technological University, Singapore

nick.powdthavee@ntu.edu.sg

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Research Interests

Nattavudh (Nick) Powdthavee is a Professor of Economics at Nanyang Technological University in Singapore. Prior to joining NTU in 2022, he held a position as a Professor of Behavioural Science at Warwick Business School, a joint position as a Professorial Research Fellow at the Melbourne Institute of Applied Economics and Social Research and as a Principal Research Fellow at the London School of Economics. His doctorate, which he obtained in 2006 from the University of Warwick under the guidance of Professor Andrew Oswald, was on the economics of happiness. His research articles on happiness and behavioural economics can be found in Economica, the Review of Economics & Statistics, Journal of Public Economics, Economic Journal, Journal of Health Economics, Social Science & Medicine, and Journal of Economic Psychology. He is also the author of The Happiness Equation: The Surprising Economics of Our Most Valuable Asset (Icon Book, UK) and a co-author of The Origins of Happiness: The Science of Well-Being over the Life-course (Princeton University Press).

His research interests are in applied microeconometrics, behavioural economics, labour economics, health economics, experimental economics, and happiness.

He joined IZA as a Research Fellow in February 2010.

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IZA Publications

IZA Discussion Paper No. 15909

Through the Looking Glass: Transparency about Others' Luck and Effort Enhances Redistribution

Juliane V. Wiese, Nattavudh Powdthavee, Jonathan Yeo, Yohanes E. Riyanto

IZA Discussion Paper No. 15620

Are Environmental Concerns Deterring People from Having Children?

Ben Lockwood, Nattavudh Powdthavee, Andrew J. Oswald

IZA Discussion Paper No. 15536

How Do Humans Respond to Huge Financial Losses?

Redzo Mujcic, Nattavudh Powdthavee

IZA Discussion Paper No. 15533

The Midlife Crisis

Osea Giuntella, Sally McManus, Redzo Mujcic, Andrew J. Oswald, Nattavudh Powdthavee, Ahmed Tohamy

IZA Discussion Paper No. 15256

Reputation as Insurance: How Reputation Moderates Public Backlash Following a Company's Decision to Profiteer

Danae Arroyos-Calvera, Nattavudh Powdthavee

IZA Discussion Paper No. 15125

Luck or Rights? An Experiment on Preferences for Redistribution Following Inheritance of Opportunity

Warn N. Lekfuangfu, Nattavudh Powdthavee, Yohanes E. Riyanto

IZA Discussion Paper No. 14715

When Face Masks Signal Social Identity: Explaining the Deep Face-Mask Divide during the COVID-19 Pandemic

Nattavudh Powdthavee, Yohanes E. Riyanto, Erwin Wong, Jonathan Yeo, Qi Yu Chan

published in: PLoS One, 2021, 16(6), e0253195

IZA Discussion Paper No. 14489

Does Money Strengthen Our Social Ties? Longitudinal Evidence of Lottery Winners

Joan Costa-Font, Nattavudh Powdthavee

published online in: Rationality & Society, 21 February 2023

IZA Discussion Paper No. 13619

Large Losses from Little Lies: Randomly Assigned Opportunity to Misrepresent Substantially Lowers Later Cooperation and Worsens Income Inequality

Michalis Drouvelis, Jennifer Gerson, Nattavudh Powdthavee, Yohanes E. Riyanto

IZA Discussion Paper No. 13221

Age, Death Risk, and the Design of an Exit Strategy: A Guide for Policymakers and for Citizens Who Want to Stay Alive

Andrew J. Oswald, Nattavudh Powdthavee

IZA Discussion Paper No. 13210

The Causal Effect of Education on Climate Literacy and Pro-Environmental Behaviours: Evidence from a Nationwide Natural Experiment

Nattavudh Powdthavee

published as 'Education and pro-environmental attitudes and behaviours: a nonparametric regression discontinuity analysis of a major schooling reform in England and Wales', Ecological Economics, 2021, 181, 106931.

IZA Discussion Paper No. 13204

COVID-19, Lockdowns and Well-Being: Evidence from Google Trends

Abel Brodeur, Andrew E. Clark, Sarah Flèche, Nattavudh Powdthavee

published in: Journal of Public Economics, 2021, 193, 104346

IZA Discussion Paper No. 13113

The Case for Releasing the Young from Lockdown: A Briefing Paper for Policymakers

Andrew J. Oswald, Nattavudh Powdthavee

IZA Discussion Paper No. 12650

Do Perceptions of Economic Well-Being Predict the Onset of War and Peace?

Eik Swee, Haikun Zhan, Nattavudh Powdthavee

IZA Discussion Paper No. 12589

Does It Pay to Bet on Your Favourite to Win? Evidence on Experienced Utility from the 2018 FIFA World Cup Experiment

Lajos Kossuth, Nattavudh Powdthavee, Donna Harris, Nick Chater

published in: Journal of Economic Behavior and Organization, 2020, 171, 35-58.

IZA Discussion Paper No. 12528

The Early Life Influences of Teachers' Genders on Later Life Charitable Giving: Evidence from the Natural Disasters in Japan

Eiji Yamamura, Nattavudh Powdthavee

IZA Discussion Paper No. 12152

Have Econometric Analyses of Happiness Data Been Futile? A Simple Truth about Happiness Scales

Le-Yu Chen, Ekaterina Oparina, Nattavudh Powdthavee, Sorawoot Srisuma

IZA Discussion Paper No. 11545

The Shadow Prices of Voluntary Caregiving: Using Panel Data of Well-Being to Estimate the Cost of Informal Care

Rebecca McDonald, Nattavudh Powdthavee

IZA Discussion Paper No. 11206

Who Got the Brexit Blues? Using a Quasi-Experiment to Show the Effect of Brexit on Subjective Wellbeing in the UK

Nattavudh Powdthavee, Anke C. Plagnol, Paul Frijters, Andrew E. Clark

published in: Economica, 2019, 86 (343), 471-494

IZA Discussion Paper No. 11181

The Welfare Implications of Addictive Substances: A Longitudinal Study of Life Satisfaction of Drug Users

Julie Moschion, Nattavudh Powdthavee

published in: Journal of Economic Behavior and Organization, 2018, 146, 206-221

IZA Discussion Paper No. 11098

Overoptimistic Entrepreneurs: Predicting Wellbeing Consequences of Self-Employment

Reto Odermatt, Nattavudh Powdthavee, Alois Stutzer

revised version published as 'Are Newly Self-Employed Overly Optimistic About Their Future Well-Being?' in: Journal of Behavioral and Experimental Economics, 2021, 95, 101779

IZA Discussion Paper No. 10752

Impact of Lower Rated Journals on Economists' Judgments of Publication Lists: Evidence from a Survey Experiment

Nattavudh Powdthavee, Yohanes E. Riyanto, Jack L. Knetsch

published in: Journal of Economic Psychology, 2018, 66, 33-44

IZA Discussion Paper No. 10382

My Baby Takes the Morning Train: Gender Identity, Fairness, and Relative Labor Supply Within Households

Anthony Lepinteur, Sarah Flèche, Nattavudh Powdthavee

published in: Labour Economics, 2020, 65, 101866

IZA Discussion Paper No. 9677

Top Incomes and Human Well-being Around the World

Richard V. Burkhauser, Jan-Emmanuel De Neve, Nattavudh Powdthavee

published in: Journal of Economic Psychology, 2017, 62, 246-257

IZA Discussion Paper No. 8908

Do You Have to Win It to Fix It? A Longitudinal Study of Lottery Winners and Their Health Care Demand

Terence Chai Cheng, Joan Costa-Font, Nattavudh Powdthavee

published in: American Journal of Health Economics, 2018, 4 (1), 26-50

IZA Discussion Paper No. 8487

Locus of Control and Its Intergenerational Implications for Early Childhood Skill Formation

Warn N. Lekfuangfu, Francesca Cornaglia, Nattavudh Powdthavee, Nele Warrinnier

published in: Economic Journal, 2018, 128(608), 298-329

IZA Discussion Paper No. 8131

Economic Approaches to Understanding Change in Happiness

Nattavudh Powdthavee, Alois Stutzer

published in: K. Sheldon and R.E. Lucas (eds.): Stability of Happiness, 2014

IZA Discussion Paper No. 8127

What Can Life Satisfaction Data Tell Us About Discrimination Against Sexual Minorities? A Structural Equation Model for Australia and the United Kingdom

Nattavudh Powdthavee, Mark Wooden

substantially revised version published as 'Life Satisfaction and Sexual Minorities: Evidence from Australia and the United Kingdom' in: Journal of Economic Behavior and Organization, 2015, 116, 107-126. (http://dx.doi.org/10.1016/j.jebo.2015.04.012)

IZA Discussion Paper No. 7942

Longitudinal Evidence for a Midlife Nadir in Human Well-being: Results from Four Data Sets

Terence Chai Cheng, Nattavudh Powdthavee, Andrew J. Oswald

forthcoming in: Economic Journal [Online First]

IZA Discussion Paper No. 7934

Does Money Make People Right-Wing and Inegalitarian? A Longitudinal Study of Lottery Winners

Nattavudh Powdthavee, Andrew J. Oswald

IZA Discussion Paper No. 7682

What Predicts a Successful Life? A Life-Course Model of Well-Being

Richard Layard, Andrew E. Clark, Francesca Cornaglia, Nattavudh Powdthavee, James Vernoit

published in: Economic Journal, 2014, 124 (580), F720- F738

IZA Discussion Paper No. 7495

Are Happier People Less Judgmental of Other People's Selfish Behaviors? Laboratory Evidence from Trust and Gift Exchange Games

Michalis Drouvelis, Nattavudh Powdthavee

published in: Journal of Behavioral and Experimental Economics, 2015, 58, 111-123.

IZA Discussion Paper No. 7365

The Marginal Income Effect of Education on Happiness: Estimating the Direct and Indirect Effects of Compulsory Schooling on Well-Being in Australia

Nattavudh Powdthavee, Warn N. Lekfuangfu, Mark Wooden

substantially revised version published as: 'What's the good of education on our overall quality of life? A simultaneous equation model of education and life satisfaction for Australia' in: Journal of Behavioral and Experimental Economics, 2015, 54 (1), 10-21 (10.1016/j.socec.2014.11.002)

IZA Discussion Paper No. 6945

Resilience to Economic Shocks and the Long Reach of Childhood Bullying

Nattavudh Powdthavee

IZA Discussion Paper No. 6557

Why Do People Pay for Useless Advice? Implications of Gambler's and Hot-Hand Fallacies in False-Expert Setting

Nattavudh Powdthavee, Yohanes E. Riyanto

published as 'Would You Pay for Transparently Useless Advice? A Test of Boundaries of Beliefs in the Folly of Predictions' in: Review of Economics and Statistics, 2015, 97 (2), 257 - 272

IZA Discussion Paper No. 6131

Can Money Change Who We Are? Estimating the Effects of Unearned Income on Measures of Incentive-Enhancing Personality Traits

Nattavudh Powdthavee, Christopher J. Boyce, Alex M. Wood

IZA Discussion Paper No. 5869

Life Satisfaction and Grandparenthood: Evidence from a Nationwide Survey

Nattavudh Powdthavee

IZA Discussion Paper No. 5868

And I Will Try to Fix You: A Study of Heterogeneity in Job Satisfaction with Implications for Flexible Employment Contracts

Aekapol Chongvilaivan, Nattavudh Powdthavee

published online as 'Do Different Work Characteristics Have Different Distributional Impacts on Job Satisfaction? A Study of Slope Heterogeneity in Workers’ Well-Being' in: British Journal of Industrial Relations , 2012, [Early View]

IZA Discussion Paper No. 5493

Putting Different Price Tags on the Same Health Condition: Re-evaluating the Well-Being Valuation Approach

Nattavudh Powdthavee, Bernard van den Berg

published in: Journal of Health Economics, 2011, 30 (5), 1032 - 1043 [online]

IZA Discussion Paper No. 5019

From Classroom to Wedding Aisle: The Effect of a Nationwide Change in the Compulsory Schooling Law on Age at First Marriage in the UK

Nattavudh Powdthavee, Kampon Adireksombat

IZA Discussion Paper No. 4963

Priming Cooperation in Social Dilemma Games

Michalis Drouvelis, Robert Metcalfe, Nattavudh Powdthavee

published in: Theory and Decision, 2015, 79, 479-492

IZA Discussion Paper No. 4847