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Paul Anand

Paul Anand

I have held fellowships in Oxford and Cambridge Universities and am currently a Professor at the Open University, Research Associate at Oxford University and the London School of Economics.

My work stems from long standing interests in the foundations of decision sciences, used to be primarily normative, and have argued for the expansion of decision theory beyond older conceptions of rational choice, something that has, broadly speaking, taken place both in economics and philosophy. In recent years, I have been interested in the operationalisation of Sen’s capabilities approach to welfare economics and its use in debates about the measurement of progress.

Earlier work has been published in a variety of leading economics journals including The Economic Journal, Theory and Decision, Oxford Economic Papers, Economica, Journal of Health Economics, Annals of Operations Research and much of it is collected in my monograph Foundations of Rational Choice Under Risk published by Oxford University Press in 1993 (with reprints in 1995 and 2002). In addition, I have just edited and contributed to the Oxford University Press Handbook of Rational and Social Choice with Professor Prasanta Pattanaik (Riverside, University of California, USA) and Professor Clemens Puppe (Karlsruhe University, Germany) to be published in 2008. Work on capabilities and wellbeing is summarised in greater detail on the capabilities measurement project website.

I have also been interested in the interaction these theories and their development in policy contexts or experimental and survey based work. This work has been published in a wide variety of scientific journals including Science, Journal of Theoretical Politics, British Journal of Management, Social Theory and Practice, Social Indicators Research, Health Care Analysis and the Journal of Economic Psychology.

Having taught research methods at graduate level for five years and acted as a consultant researcher on economic statistics to the OECD and NAO my most recent work brings a these interests together with interests in the foundations of social choice. With about 25 colleagues, at the latest count, I have sought to demonstrate the extent to which the measurement of human capabilities is feasible along multiple dimensions and explore the techniques that can be applied to such measurements. This work has resulted in approximately a dozen publications and has been incorporated into research projects in Oxford, Glasgow and Buenos Aires.

How happiness is challenging GDP as the measure of a country's health

Mar 21, 2016 15:32 pm UTC| Insights & Views

Denmark reclaimed its place as the happiest country in the world, according to the latest annual World Happiness Report. Switzerland, Iceland, Norway and Finland followed in quick succession at the top, while Benin,...

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Economy

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Asian Markets Tumble as Trade Tensions and Chip Curbs Cloud Economic Outlook

Asian markets dropped Wednesday as Nvidia shares plunged following U.S. restrictions on AI chip exports to China, fueling fears of an expanding U.S.-China tech war. The news wiped out $160 billion from Nvidias market cap,...

China’s Q1 2025 GDP Beats Forecasts Despite Trade War Pressures

Chinas economy expanded more than expected in the first quarter of 2025, with GDP growing 5.4% year-on-year, surpassing market forecasts of 5.2%, according to official data released Wednesday. The stronger performance was...

Oil Prices Steady Amid Trade War Fears and Slowing Global Demand

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Dollar Stabilizes Ahead of Powell Speech and China GDP Data

The U.S. dollar held onto modest gains early Wednesday as markets paused after weeks of sharp selling and ahead of key economic events. Investors are watching for updates on U.S.-China trade talks, while attention also...

Politics

Biden Slams Trump Over Social Security Cuts in First Major Speech Since Leaving Office

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Trump Proposes Cash Incentives for Voluntary Immigrant Departures

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Trump Administration Limits Wire Service Access to White House Press Pool

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Australian Politicians Received $147K in Sports Tickets Amid Anti-Gambling Ad Lobbying

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Pentagon Adviser Dan Caldwell Removed Amid Leak Probe

Dan Caldwell, a top adviser to U.S. Defense Secretary Pete Hegseth, was escorted from the Pentagon and placed on administrative leave following an investigation into an unauthorized disclosure, according to a U.S....

Science

Kennedy Sets September Deadline to Uncover Autism Causes Amid Controversy

U.S. Health and Human Services Secretary Robert F. Kennedy Jr. announced a bold plan to identify the cause of autism by September 2025. Speaking at a cabinet meeting with President Donald Trump, Kennedy declared a global...

AstraZeneca’s Imfinzi Gets US Approval for Bladder Cancer Treatment

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Sanofi’s New Hemophilia Drug Qfitlia Gains FDA Approval with Breakthrough Bimonthly Dosing

The U.S. Food and Drug Administration (FDA) has approved Qfitlia, a groundbreaking hemophilia treatment by French pharmaceutical giant Sanofi (NASDAQ: SNY). Designed for patients aged 12 and older with hemophilia A or B,...

FDA Vaccine Chief Peter Marks Resigns Amid Controversy Over Transparency

Peter Marks, the U.S. Food and Drug Administrations (FDA) top vaccine official, has resigned after reportedly being forced out by the Department of Health and Human Services (HHS), according to The Wall Street Journal....

Museums have tons of data, and AI could make it more accessible − but standardizing and organizing it across fields won’t be easy

Ice cores in freezers, dinosaurs on display, fish in jars, birds in boxes, human remains and ancient artifacts from long gone civilizations that few people ever see museum collections are filled with all this and more....

Technology

U.S. Imposes New Export Curbs on Nvidia and AMD AI Chips to China

The U.S. Commerce Department announced new export licensing requirements on Tuesday targeting Nvidias H20 and AMDs MI308 artificial intelligence chips, along with equivalent models, restricting their shipment to China. The...

TSMC Nears Breakthrough in Advanced Chip Packaging to Power AI Growth

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Blue Origin Boosts Space Tourism with Katy Perry on Historic All-Female Flight

Pop star Katy Perry and five other trailblazing women successfully completed a historic suborbital spaceflight aboard Blue Origins New Shepard rocket on April 14, marking the first all-female space mission in over 60...

AMD Ready to Begin Chip Production in Arizona Amid AI Server Expansion

Advanced Micro Devices (NASDAQ:AMD) CEO Lisa Su confirmed on Tuesday that the company is prepared to begin chip production at its Arizona facility. Speaking at National Taiwan University in Taipei, Su emphasized AMDs...

Nvidia to Manufacture AI Supercomputers in the U.S. with TSMC and Foxconn

Nvidia (NASDAQ: NVDA) announced plans to manufacture AI supercomputers entirely in the U.S. for the first time, marking a major shift in its production strategy. The company has secured over one million square feet of...
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