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Daniel Sgroi

Curriculum Vitae

Contact details

Telephone: +44 (0)24 765 75557

Fax: +44 (0)24 765 23032

Email: Daniel dot Sgroi at warwick dot ac dot uk

Room: S2.101

Advice & feedback hours: Thu 1100-1300 except week 6. Appointment bookings here.



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CAGE, Warwick

CRETA, Warwick

DR@W, Warwick

Nuffield College, Oxford

CESS, Oxford

World Wellbeing Panel, LSE

IZA, Bonn


PhD Students

The Industrial Economy: Strategy (EC132)

Topics in Applied Economics (EC236)

Experimental Economics (EC984)

WATE commendee


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Associate Professor of Economics

Theme Leader, CAGE, University of Warwick
Associate Member, Nuffield College, University of Oxford
Research Fellow, IZA Institue of Labor Economics, Bonn

Research Interests

  • Experimental Economics
  • Behavioural Economics
  • Subjective Wellbeing
  • Economic Theory

Daniel’s early work was on learning and games, with applications to industrial organisation and finance, but always included a mixture of theory and experimental methods. More recently he has been working at the borders with psychology, attempting to understand how psychological traits, cognitive biases, mood, language and beliefs affect behaviour. Together with Andrew Oswald, Daniel leads Theme 3 of the ESRC-funded CAGE centre which seeks better ways to understand and measure subjective wellbeing ("happiness") and related behavioural concepts. Daniel is also a member of the World Wellbeing Panel based at the LSE. To hear Daniel speak on the topic of historical happiness for BBC Radio 4 go here.

Selected Research

Recent Working Papers

Historical Analysis of National Subjective Wellbeing using Millions of Digitized Books, The Warwick Economics Research Paper series 1186, 2019, with Thomas Hills & Eugenio Proto. Under revision for Nature: Human Behaviour. This paper has generated signficant media interest, see here.

Ignoring Good Advice, CAGE Working Paper No. 359, 2018, with David Ronayne.

The Effect of Positive Mood on Cooperation in Repeated Interaction, CAGE Working Paper No. 347, 2017, with Eugenio Proto & Mahnaz Nazneen. Under revision for the Journal of Economic Behaviour & Organization.

When Herding and Contrarianism Foster Market Efficiency: A Financial Trading Experiment, CRETA Discussion Paper 17, 2016, with Andreas Park. Under revision for the Journal of Economic Behaviour & Organization.

Selected Publications

Biased Beliefs and Imperfect Information, Journal of Economic Behavior & Organization 136: 186-202, 2017, with Eugenio Proto. Final published version here.

Happiness and Productivity, Journal of Labor Economics 33(4): 789-822, 2015 (lead article) with Andrew Oswald & Eugenio Proto. This paper has been cited in the media over 150 times, see here (updated list of ongoing reactions) and here (list of initial reactions). Final published version here.

How Should Peer Review Panels Behave? Economic Journal 123(570): 255-278, 2013, with Andrew Oswald. Final published version here.

The Optimal Choice of Pre-launch Reviewer, Journal of Economic Theory 147(3): 1247-1260, 2012, with David Gill. Final published version here.

Herding, Contrarianism and Delay in Financial Market Trading, European Economic Review 56: 1020-1037, 2012, with Andreas Park. Final published version here.

Are Happiness and Productivity Lower among University Students with Newly-Divorced Parents? Experimental Economics 15(1): 1-23, 2012 (lead article) with Andrew Oswald & Eugenio Proto. Final published version here.

Learning to Play 3x3 Games: Neural Networks as Bounded-Rational Players, Journal of Economic Behavior & Organization 69(1): 27-38, 2009, with Daniel J. Zizzo. Final published version here.

Sequential Decisions with Tests, Games & Economic Behavior 63(2): 663-678, 2008, with David Gill. Final published version here.

The Right Choice at the Right Time: A Herding Experiment in Endogenous Time, Experimental Economics 6(2): 159-180, 2003. Final published version here.

Optimizing Information in the Herd: Guinea Pigs, Profits and Welfare, Games & Economic Behavior 39(1): 137-166, 2002. Final published version here.

Full list of publications, working papers & work in progress