Danny Ben-Shahar is a Full Professor of real estate economics and finance at the Coller School of Management, Tel Aviv University, and Director of the Alrov Institute for Real Estate Research. His research examines rational and behavioral decision-making in real estate markets, housing affordability, and urban economics and public policy. His work has appeared in the Academy of Management Review, Journal of Urban Economics, Economica, Regional Science and Urban Economics, Real Estate Economics, Journal of Real Estate Finance and Economics, Journal of Housing Economics, and Land Use Policy. He is a Weimer School Fellow of the Homer Hoyt Institute, serves on the editorial boards of several academic journals, and is a board member of several Israeli companies. He holds a B.A. in economics from Tel Aviv University and an MBA and Ph.D. in finance and real estate from the University of California, Berkeley.
Prof. Danny Ben-Shahar
- Email: bdanny@tauex.tau.ac.il
- Phone: 03-6408194
- My CRIS profile: My CRIS profile
- Office: Lorry Lokey, 2089
Short Biography
C.V
Fields of Research
Real Estate Economics, Housing Affordability, Urban Economics, Behavioral Economics
Publications
On the optimality of the hybrid tenure mode, Journal of Housing Economics, 7 (1998) pp. 69-92.
A study of the optimal brokerage cost allocation in a rental housing market with asymmetric information, The Journal of Real Estate Finance and Economics, 23 (2001) pp. 77-94.
The value of the rent control option (with D. Feldman, and D. Greenberg). The Journal of Real Estate Finance and Economics, 24 (2002) pp. 89-101.
Reprinted in New Directions in Real Estate Finance and Investment (Eichholtz and Patel, Eds., Kluwer Academic Publishers, Boston, 2002).
Signaling-screening equilibrium in the mortgage market (with D. Feldman), The Journal of Real Estate Finance and Economics, 26 (2003) pp. 157-178.
Productive signaling equilibria and over-maintenance: An application to real estate markets, The Journal of Real Estate Finance and Economics, 28 (2004) pp. 255-271.
Selective enforcement of copyrights as an optimal monopolistic behavior (with A. Jacob), The B.E. Journal of Economic Analysis and Policy, Vol. 3 (2004) Article 18.
Can co-owners agree to disagree? A theoretical examination of voting rules in co-ownerships (with E. Sulganik), The Journal of Real Estate Finance and Economics, 31:2 (2005) pp. 207-223.
Partial ordering of unpredictable mobility with welfare implications (with E. Sulganik), Economica, 75 (2008) pp. 592-614.
Property appraisal in high-rises: A cooperative game theory approach (with Y. Deng and E. Sulganik), Journal of Housing Economics, 18 (2009) pp. 25-33.
Mean reversion and momentum: Another look at the price-volume correlation in the real estate market (with Y. Arbel and E. Sulganik), The Journal of Real Estate Finance and Economics, 39:3 (2009) pp. 316-335.
The local cost of terror: Effect of the Second Palestinian Intifada on Jerusalem house prices (with Y. Arbel, Y., S. Gabriel, and Y. Tobol), Regional Science and Urban Economics, 40 (2010) pp. 415-426.
Real estate and personality (with R. Golan), Journal of Behavioral and Experimental Economics, 53 (2014) pp. 111-119.
Reviewed in the The Wall Street Journal, October 31, 2014.
Anchoring and housing choice: Results of a natural policy experiment (with Y. Arbel and S. Gabriel), Regional Science and Urban Economics, 49 (2014) pp. 68-83.
Inequality in housing affordability: Measurement and estimation (with J. Warszawski), Urban Studies, 53 (2016) pp. 1178-1202.
Are the disabled less loss averse? New evidence from the housing market (with Y. Arbel and S. Gabriel), Economic Inquiry, 54:1 (2016) pp. 1291-1318.
Anchoring under currency substitution: A ratchet price mechanism in the housing market (with R. Golan), Real Estate Economics, 45:4 (2017) pp. 861-897.
Housing affordability and inequality: A consumption-adjusted approach (with S. Gabriel and R. Golan), Journal of Housing Economics, 45 (2019).
Improved information shock and price dispersion: A natural experiment in the housing market (with R. Golan), Journal of Urban Economics, 112 (2019) pp. 70-84.
Can’t get there from here: Affordability distance to a superstar city (with S. Gabriel and R. Golan), Regional Science and Urban Economics, 80(C) (2020).
Price dispersion and time-on-market in the housing market (with R. Golan), Journal of Housing Economics, 58 (2022).
The role of political belief in COVID-19 vaccine resistance, virus transmission, and closure policy response (with S. Gabriel and R. Golan), Vaccines, 11(6) (2023).
Power and dominant coalitions in family business (with A. Carmeli, E. Sulganik, and D. Weiss), Academy of Management Review, 48(3) (2023) pp. 530-555.
Power and vertical locations: A socioecological perspective (with A. Dorfman and D. Heller), Journal of Environmental Psychology (forthcoming).
Regulating diversity and inclusiveness in boards of directors (with A. Carmeli, E. Sulganik, and D. Weiss), Academy of Management Perspectives, 38(1) (2024) pp. 434–439.
Zero-price effect and consumer welfare: Evidence from online classified real estate service (with D. Ash), Real Estate Economics, 52(3) (2024).
Political belief and tree canopies in Israel: New insights on urban green space disparities (with D. Nayer), Land Use Policy, forthcoming.
