Behavioral and Experimental Economics
Behavioral and Experimental Finance and Taxation
Decision Making
Belief Formation

Haruvy, E., Lahav, Y., & Noussair, C.N. (2007). Traders’ Expectations in Asset Markets: Experimental Evidence. American Economic Review, 97(5): 1901-1920.

Lahav, Y. (2009). Behavioral Pattern Learning Models for Decision Making in Games. Journal of Pattern Recognition Research 4(1), 133-151.

Lahav, Y. (2011). Price Patterns in Experimental Asset Markets with Long Horizons. Journal of Behavioral Finance 12(1), 20-28.

Clausing, K, & Lahav, Y. (2011). Corporate Tax Payments under Formulary Apportionment: Evidence from the Financial Reports of 50 Major Multinaltional Firms”, Journal of International Accounting, Auditing and Taxation 20(2), 97-105.

Avi-Yonah, R. S., & Lahav, Y. (2012). The Effective Tax Rates of the Largest U.S. and EU Multinationals. Tax Law Review 65, 375-390.

Benshalom, I., & Lahav, Y. (2013). Will High Paying Jobs Go Abroad? Labour Shifting Responses to Formulary Allocation. Australian Tax Forum 28(4), 753-785.

Lahav, Y., & Chernin, Y. (2014). The People Demand Social Justice – The Impact of Protests on Financial Markets. Accounting, Economics and Law – A Convivium 4(2), 99-121.

Afik, Z., Lahav, Y, & Ochakovski, Z. (2014). There’s No Smoke without Fire: Equity Returns Response to Indictment Filing. International Journal of Economics and Finance 6(7), 24-30.

Afik, Z., & Lahav, Y. (2015). Thinking Near and Far: Modeling Underreaction, Overreaction and the Formation of Traders’ Beliefs in Asset Markets using Experimental Data. Journal of Behavioral and Experimental Economics 57, 73-80.

Afik, Z., & Lahav, Y. (2015). A Better ‘Autopilot’ than Sell-in-May? 40 Years in the U.S. Market. Journal of Asset Management 16, 41-51.

Azar, O., Lahav, Y., & Voslinsky, A. (2015). Beliefs and Social Behavior in a Multi-Period Ultimatum Game. Frontiers in Behavioral Neuroscience 9, Article 29, 1-11.

Lahav, Y. (2015). Eliciting Beliefs in Beauty Contest Experiments. Economics Letters 137, 45-49.

Afik, Z., & Lahav, Y. (2016). Risk Transfer Valuation in Advance Pricing Agreements between Multinational Enterprises and Tax Authorities. Journal of Accounting, Auditing and Finance 31(2), 203-211.

Afik, Z., Lahav, Y., & Mendelzweig, L. (2016). The Inverse of a Terror Event? Stock Market Response to Pro-Active Action. Studies in Economics and Finance 33(1), 91-105.

Gavious, I., Lahav, Y., & Russ, M. (2016). Economic Effect on Human Capital Valuation. Asia Pacific Journal of Accounting and Economics 23(2), 200-223.

Afik, Z., Lahav, Y., Sayar, E., & Yosef, R. (2016). You Can Do Better than “Sell in May”. It is Not Halloween, but it May Be Passover and Hanukah. International Journal of Economics and Finance 33(1), 91-105.

Lahav, Y. & Salganik, G. (2017). Measuring and Characterizing the Domestic Effective Tax Rate of US Corporations. Advances in Taxation 23, 33-57.

Afik, Z. & Lahav, Y. (2018). Practical Valuation of Risk Transfer in Advance Pricing Agreements. Journal of Tax Administration 4(1), 38-54.

Carle, T. A., Lahav, Y., Neugebauer, T. & Noussair, C. N. (2019). Heterogeneity of Beliefs and Trade in Experimental Asset Markets. Journal of Financial and Qualitative Analysis 54(1), 215-245.

Afik, Z., Haim, R. & Lahav, Y. (2019). Advance Notice Labor Conflicts and Firm Value – An Event Study Analysis on Israeli Companies. Finance Research Letters 31, 410-414.

21. Gavious, I., Lahav, Y. & Weihs, H. (Accepted). Regulations and Dishonest Behavior: How Controlling Regulatory Mechanisms Prompt Dishonesty in Tax Consulting. Florida Tax Review.

22. Curtis, S. & Lahav, Y. (Accepted). Forensic Approaches to Transfer Pricing Enforcement Could Restore Billions in U.S. Federal and State Tax Losses: A Case Study Approach. Journal of Forensic & Investigating Accounting

Yaron Lahav is a senior lecturer at the department of Business Administration of Ben-Gurion University of the Negev. Yaron’s research is dedicated to behavioral aspects in economics, finance and taxation. In particular, his studies focus on the formation of beliefs and their role in the process of decision making. Most of his research is based on laboratory experiments.

Yaron Lahav joined the department of Business Administration as a lecturer of finance in 2010, after serving as a senior consultant at the tax division of Deloitte & Touché in their national offices in Washington DC. Prior to that, he was a financial manager at the Israeli Aerospace Industries and a marketing manager at an agro-biotechnology startup.
Yaron has a bachelor’s degree from the department of Agricultural Economics and Management of the Hebrew University of Jerusalem, and a PhD in economics from Emory University.

Currently, Yaron serves as a research associate in the economics labs of the University of Arizona and Waseda University. Previously, Yaron served as a visiting faculty at the American University, Brandeis University and the University of Michigan.