My Profile

  • Dr Sara le Roux


    Senior Lecturer in Economics

    Business School

    Oxford Brookes Business School


    Phone number: +44 (0) 1865 485743


    Location: CLC 2.28, Headington Campus

    Dr. Sara le Roux has a PhD in Economics from the University of Exeter (2012). Her thesis focused mainly on experiments in decision-making and was conducted under the supervisory team of  Prof. David Kelsey and Prof. Dieter Baklenborg.

    She has received a Masters diploma in Economics from the London School of Economics and Political Science (LSE) and an MSc degree in Economics and Experimental Economics from the University of Exeter (2009), for which she was awarded a Dean's Commendation.

    She joined Oxford Brookes University in 2012, as a Senior Lecturer in Economics.

    Sara has taught a wide variety of undergraduate and postgraduate modules while at Oxford Brookes. These include Microeconomics, Mathematics for Economics and Finance, Statistics for Economics and Finance, Econometrics and Industrial Organisation. In addition, she has supported modules on Macroeconomics.

    Modules taught

    Sara has lead the following Undergraduate Modules:

    and supported undergraduate modules on Macroeconomics II.

    She has also lead a Post-Graduate module on Industrial Organisation and supervised undergraduate dissertations in Economics & Finance. 

    Modules 2017/18


    Sara is currently supervising two PhDs on topics in development economics. She would be interested in supervising PhD dissertations in Game Theory, Industrial Organisation, Decision Theory, Behavioural and Experimental Economics, Development Economics and Climate Change.

    Sara's research interests include the theoretical and experimental analysis of individual's perception of ambiguity and risk; decision choices made by individuals in the presence of ambiguity; threshold effects in environment (climate change); game theory; public economics; behavioural and neuro-economics.

    She has published papers in Theory and Decision, Journal of Public Economic TheoryTechnology Forecasting and Social Change, Energy Policy, Journal of Business Ethics and in a feschrift in honour of Professor Reinhard Selten (1994 Nobel Laureate in Economics).

    Research grants and awards

    Successful Grants:

    2014 Oxford Brookes University Central Research grant (principal investigator)      £7,500

    2015 Oxford Brookes Business School Internal Small Grant (principal investigator)      £2,866

    2016 Oxford Brookes Business School Internal Small Grant (principal investigator)      £4,862

    2017 Royal Economic Society Conference Grant      £300

    Further information

    For additional information please see:


    Journal articles

    • Asongu S, Le Roux S, Biekpe N, 'Enhancing ICT for environmental sustainability in Sub-Saharan Africa'
      Technological Forecasting and Social Change 127 (Feb.) (2018) pp.209-216
      ISSN: 0040-1625 eISSN: 0040-1625
      Abstract Website
    • Asongu S, Le Roux S, 'Enhancing ICT for inclusive human development in Sub-Saharan Africa'
      Technology Forecasting and Social Change 118 (2017) pp.44-54
      ISSN: 0040-1625 eISSN: 0040-1625
      Abstract Website
    • Asongu SA, Le Roux S, Tchamyou VS, 'Essential Information Sharing Thresholds for Reducing Market Power in Financial Access: A study of the African Banking Industry'
      Journal of Banking Regulation (2017)
      ISSN: 1745-6452 eISSN: 1745-6452
      Abstract Website
    • Kelsey D, le Roux S, 'Strategic Ambiguity and Decision-making: An Experimental Study'
      Theory and Decision (2017)
      ISSN: 0040-5833 eISSN: 0040-5833
      Abstract Website
    • le Roux S, Kelsey D, 'Dragon Slaying with Ambiguity: Theory and Experiments'
      Journal of Public Economic Theory (2016)
      ISSN: 1097-3923 eISSN: 1097-3923
      Abstract Website
    • Asongu S, Singh P, Le Roux S, 'Fighting Software Piracy: Some Global Conditional Policy Instruments'
      Journal of Business Ethics (2016)
      ISSN: 0167-4544 eISSN: 0167-4544
      Abstract Website
    • Kelsey D, le Roux S, 'An Experimental Study on the Effect of Ambiguity in a Coordination Game'
      Theory and Decision (2015)
      ISSN: 0040-5833 eISSN: 0040-5833
      Abstract Website
    • Asongu S, Le Roux S, Biekpe, N, 'Environmental degradation, ICT and inclusive development in Sub-Saharan Africa'
      Energy Policy 111 () pp.353-361
      ISSN: 0301-4215 eISSN: 0301-4215
      Abstract Website

    Book chapters

    Areas of expertise

    Decision Theory, Behavioural and Experimental Economics

    Development Economics

    Economic Impact studies


    Blenheim Palace Economic Impact Study

    I am currently leading a team of analysts working to capture the breadth of Blenheim's economic impact on its community, both local and further afield.

    Blenheim Palace was built in the early 18th Century as a symbol of celebration of the victory over the French, in the War of the Spanish Succession. Based in Woodstock, Oxfordshire, it has been the principal seat of the Dukes of Marlborough and was the birthplace and ancestral home of Sir Winston Churchill. Blenheim Palace was designated a UNESCO World Heritage Site in 1987. It is one of the UK’s biggest tourist attractions, attracting nearly 1 million visitors a year.

    The Blenheim Estate is not only a site of historic interest but also a significant business and major employer in the Oxfordshire region, contributing directly and indirectly to the local economy. Visitors to Blenheim also visit other local attractions, shop in Woodstock, and support the regional tourism and leisure industry. Visitors are drawn both nationally and internationally, and come from far and wide to enjoy the buildings, artworks and grounds; and to attend a potpourri of cultural events, which range from concerts to triathalons.

    Blenheim’s influence extends further than the heritage and leisure sectors. The Estate has investments in construction, property management, renewable energy and mineral water. 


    2017 ‘Climate Change Catastrophes and Insuring Decisions’, 
    International Meeting on Experimental and Behavioral Social Sciences, Barcelona, Spain; European Association of Environmental and Resource Economists, Athens, Greece; Economic Science Association, Vienna, Austria.

    2016 ‘Strategic Ambiguity and Decision-making: An Experimental Study’,
    GW4 Conference, Bristol, UK; Foundations of Utility and Risk Conference, Warwick.

    2015 ‘Strategic Ambiguity and Decision-making: An Experimental Study’,
    Public Economic Theory Conference, Luxembourg; Economic Science Association, Conference, Heidelberg, Germany.

    2014 ‘Dragon Slaying with Ambiguity: Theory and Experiments’,
    Public Economic Theory Conference, Seattle, USA; Foundations of Utility and Risk, Conference, Rotterdam, Netherlands, Royal Economic Society Conference, Manchester, UK.

    2013 ‘An Experimental Study on the Effect of Ambiguity in a Coordination Game’,
    Risk, Uncertainty and Decision Conference, Paris, France; Brookes-Burgundy Research Conference, Dijon, France.

    2011 ‘Deviations from Equilibrium in an Experiment on Signaling Games: First Results’,
    NUS Behavioural Economics Summer Institute, Singapore; IAREP/SABE/ICABEEPConference, Exeter, UK.

    2010 ‘Deviations from Equilibrium in an Experiment on Signaling Games: First Results’,
    Economic Science Association Conference, Copenhagen; Europäische Wissenschaftstage, Steyr, Austria.


    Other experience

    Before joining Oxford Brookes, Sara was a Graduate Teaching Assistant at the University of Exeter Business School.