Strategy and Business Economics

In the area of Strategy and Business Economics, we research a range of questions concerning the economic and strategic decisions of firms and consumers, as well as the repercussions of these decisions on the welfare of the individual and the welfare of society as a whole.

Amongst others, our research covers the following issues:

  • Competition between firms in oligopolistic markets
  • Control over firms and antitrust policy
  • Health economics and managing healthcare systems
  • Empirical analysis of economic and public policies
  • Competition between platforms and online commerce
  • Crowdfunding
  • Entrepreneurship
  • Technological changes and the effects of networks
  • Consumer decision making
  • Behavioral economics
  • Group decision making


Our researchers make use of a broad range of research methods.  In their theoretical studies they use tools from the area of mathematics and game theory.  In their empirical studies they collect and process data on the behavior of firms and consumers. They also design controlled laboratory experiments. They publish their work in the leading journals in the area, participate in international conferences, and even take part in organizing such conferences.


Once a week we hold a seminar where leading researchers from Israel and abroad present their work. Once a year, we hold a conference at which we host scholars of international repute to present the latest research in the area.



Seminars >>

To the 2020 Conference >>




Prof. Yossi Spiegel




Dr. Michal Hodor




Prof. Itai Ater


Prof. Ayala Arad


Prof. Yaron Yehezkel

Associate Professor

Head of Strategy and Business Economics Department



Dr. Dotan Persitz


Dr. David Zvilichovsky



Dr. Adi Shany


Dr. Yair Antler












Vered Kurtz-David, Dotan Persitz, Ryan Webb and Dino J Levy, "The Neural Computation of Inconsistent Choice Behavior,'' Nature Communications, 2019, Vol. 10, Article 1583.

Chaim Fershtman and Dotan Persitz, "Social Clubs and Social Networks,'' American Economic Journal: Microeconomics, 2021, Vol. 13 (1), 224-251.

 Adi Shany, “Too Scared for School? Terrorism Effects on Student Achievement”, Forthcoming at the Journal of Human Resources

Joshua Angrist, Victor Lavy, Jetson Leder-Luis and Adi Shany," Maimonides Rule Redux”, American Economic Review: Insights, 2019, Vol. 1, No. 3, 309-24. 

Ayala Arad and Ariel Rubinstein, “The People’s Perspective on Libertarian-Paternalistic Policies”. Journal of Law and Economics, 2018, Vol. 61 (2), 331-333.

Ayala Arad and Ariel Rubinstein, "Multi-Dimensional Reasoning in Games: Framework, Equilibrium and Applications". American Economic Journal: Microeconomics, 2019, Vol. 11 (3), 285-318.


Ayala Arad and Amnon Maltz, "Turning on Dimensional Prominence in Decision Making: Experiments and a Model". Management Science, 2022, Vol. 68 (8), 6075-6099.


Yair Antler,"Multilevel Marketing: Pyramid-Shaped Schemes or Exploitative Scams?," Theoretical Economics, forthcoming. 


Yair Antler, Daniel Bird, and Santiago Oliveros, "Sequential Learning", American Economic Journal: Microeconomics, forthcoming. 


Yair Antler and Benjamin Bachi, "Searching Forever After", American Economic Journal: Microeconomics, 2022, Vol. 14, 558-590. 


Yair Antler "Multilateral Contracting with Manipulation", Economic Journal, 2021, Vol. 639, 2693–2725.


Yair Antler, "No One Likes to Be Second Choice", Economic Journal, 2019, Vol. 619, 1119-1138. 


Yair Antler, "Two-Sided Matching with Endogenous Preferences", American Economic Journal: Microeconomics, 2015, Vol. 7, 241-258. 


Itai Ater, Yoseph Nir, The Impact of Environmental Fraud on the Used Car Market: Evidence from Dieselgate, Journal of Industrial Economics, 2022, 70(2), 463-491  


Itai Ater, Rigbi Oren, Price Transparency, Media and Informative Advertising (Forthcoming at American Economic Journal – Micro)


 Itai Ater, Genesove David, Elster Yael, and Hoffmann Eran, Must Agreement Be Kept? Residential Rental Leases during Covid-19 (Forthcoming at the Economic Journal) 


Igal Hendel and Yossi Spiegel, “Small Steps for Workers, a Giant Leap for Productivity,” American Economic Journal: Applied Economics 2014, 6(1): 73–90


Carlo Cambini and Yossi Spiegel, “Investment and Capital Structure of Partially Private Regulated Firms,”  Journal of Economics and Management Strategy, 2016, Vol. 25(2), 487-515


Ayala Arad and Ariel Rubinstein, "The 11-20 Money Request Game: A Level-k Reasoning Study," American Economic Review, 2012, 102(7), 3561-73.


Ayala Arad and Ariel Rubinstein, "Strategic Tournaments," American Economic Journal: Microeconomics, 2013, 5(4), 31-54.


 Itai Ater and Vardit Landsman, ”Do Customers Learn from Experience? Evidence from Retail Banking”. 2013, Management Science, 59(9), 2019 – 2035


Itai Ater and Eugene Orlov, “The Effect of the Internet on Performance and Quality: Evidence from the Airline Industry”. 2015, Review of Economics and Statistics 97(1), 180 – 194


Hanna Halaburda and Yaron Yehezkel, “The Role of Coordination Bias in Platform Competition”. 2016 Journal of Economics and Management Strategy, Vol. 25(2), pp. 274 – 312.


David Zvilichovsky, Yael Inbar and Ohad Barzilay, “Playing Both Sides of the Market: Success and Reciprocity on Crowdfunding Platforms”. 2013 Proceedings of the 34th International conference on Information Systems


Jacob Glazer and Thomas G. McGuire, "Making Medicare Advantage a Middle-Class Program”. The Journal of Health Economics, 32, 2013, 463– 473.


Thomas G. McGuire, Jacob Glazer, Joseph P. Newhouse, Sharon-Lise Normand, Julie Shi, Anna D. Sinaiko, and Samuel Zuvekas, “Integrating Risk Adjustment and Enrollee Premiums in Health Plan Payment”. The Journal of Health Economics, 32, 2013.


Jacob Glazer and Ariel Rubinstein, “Complex Questionnaires”. Econometrica, 82, 1529-1541, 2014.


Gabrielle Gayer and Dotan Persitz, "Negotiation across Multiple Issues". Theoretical Economics, Vol. 11(3), September 2016, 937-969.


Yair Antler, Two-Sided Matching with Endogenous Preferences (2015), American Economic Journal: Microeconomics, 7(3), 241-258


.Yair Antler, No One Likes to Be Second Choice (2018), Economic Journal, Forthcoming

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