Research Interests
Zvi's research interests cover Decision Making under Uncertainty, Social Choice, Bargaining Theory and Law and Economics.
Teaching in 2020-2021
MSc Business
-
IB9AZ0: Fundamentals of Economic Behaviour
MSc Business and Finance
-
IB9T90: Analysis of Economic Behaviour
Biography
Zvi Safra is a Professor of Behavioural Science, an Editor of Economics and Philosophy and an elected Economic Theory Fellow. Before joining WBS (2013), he served as the Provost and the Deputy Vice Chancellor of the College of Management Academic Studies, an Israeli University College (2006-2010). Previously, he was a Professor at the Graduate School of Management at Tel Aviv University.
Zvi earned his PhD from the Hebrew University of Jerusalem and has held visiting appointments at various universities in North America (Harvard University, Johns Hopkins University, Rice university, University of Toronto, University of Pennsylvania and University of Michigan), in Europe (Pantheon-Sorbonne, Universities of Paris II and VI and Ecole Polytechnique) and in Australia (Australian National University).
Publications
Journal Articles
-
Safra, Z. and Segal, U. (2020) "Calibration results for incomplete preferences", Revue Economique, 71, 323-330
-
Ma, S. and Safra, Z. (2019) "Fairness and utilitarianism without independence ", Economic Theory, 67, 1, 29-52
-
Safra, Z., Ma, S. and Melkonyan, T. A. (2019) "Is allocation affected by the perception of others' irresponsible behavior and by ambiguity?", Risk Analysis, 39, 2182-2196
-
Melkonyan, T. A. and Safra, Z. (2016) "Intrinsic variability in group and individual decision-making", Management Science, 62, 9, 2651-2667
-
Karni, E. and Safra, Z. (2016) "A theory of stochastic choice under uncertainty", Journal of Mathematical Economics, 63, 164-173
-
Karni, E. and Safra, Z. (2015) "Continuity, completeness, betweenness and cone-monotonicity", Mathematical Social Sciences, 74, 68-72
-
Grant, S., Kajii, A., Polak, B. and Safra, Z. (2012) "Equally-distributed equivalent utility, ex post egalitarianism and utilitarianism", Journal of Economic Theory, 147, 4, 1545-1571
-
Grant, S., Kajii, A., Polak, B. and Safra, Z. (2012) "A generalized representation theorem for Harsanyi’s (‘impartial’) observer", Social Choice and Welfare, 39, 4, 833-846
-
Grant, S., Kajii, A., Polak, B. and Safra, Z. (2010) "Generalized utilitarianism and Harsanyi's impartial observer theorem", Econometrica, 78, 6, 1939-1971
-
Safra, Z. and Segal, U. (. (2009) "Risk aversion in the small and in the large : calibration results for betweenness functionals", Journal of Risk and Uncertainty, 38, 1, 27-37
-
Safra, Z. and Segal, U. (. (2008) "Calibration results for non-expected utility theories", Econometrica, 76, 5, 1143-1166
-
Karni, E. and Safra, Z. (2008) "Moral sentiments and social choice", Social Choice and Welfare, 30, 3, 427-446
-
Bar Niv (Burnovski), M. and Safra, Z. (2006) "On the Desirability of Appellate Courts", Review of Law & Economics, 2, 3
-
Harel, A., Safra, Z. and Segal, U. (. (2005) "Ex-post egalitarianism and legal justice", Journal of Law, Economics, and Organization, 21, 1, 57-75
-
Samet, D. and Safra, Z. (2005) "A family of ordinal solutions to bargaining problems with many players", Games and Economic Behavior, 50, 1, 89-106
-
Safra, Z. and Samet, D. (2004) "An ordinal solution to bargaining problems with many players", Games and Economic Behavior, 46, 1, 129-142
-
Safra, Z. and Weissengrin, E. (2003) "Harsanyi's impartial observer theorem with a restricted domain", Social Choice and Welfare, 20, 2, 177-187
-
Niv (Burnovski), M. B. and Safra, Z. (2002) "On the social desirability of wealth-dependent fine policies", International Review of Law and Economics, 22, 1, 53-59
-
Safra, Z. and Segal, U. (. (2002) "On the economic meaning of machina's Fréchet differentiability assumption", Journal of Economic Theory, 104, 2, 450-461
-
Karni, E. and Safra, Z. (2002) "Intensity of the Sense of Fairness : Measurement and Behavioral Characterization", Journal of Economic Theory, 105, 2, 318-337
-
Karni, E. and Safra, Z. (2002) "Individual Sense of Justice : A Utility Representation
", Econometrica, 70, 1, 263-284
-
Safra, Z. and Segal, U. (. (2001) "Rank-dependent preferences without ranking axioms", Journal of Mathematical Economics, 35, 4, 547-562
-
Hanany, E. and Safra, Z. (2000) "Existence and Uniqueness of Ordinal Nash Outcomes", Journal of Economic Theory, 90, 2, 254-276
-
Karni, E. and Safra, Z. (2000) "An extension of a theorem of von Neumann and Morgenstern with an application to social choice theory", Journal of Mathematical Economics, 34, 3, 315-327
-
Bar Niv (Burnovski), M. and Safra, Z. (1999) "The Undesirability of Detailed Judicial Reasoning", European Journal of Law and Economics, 7, 2, 161-175
-
Safra, Z. and Segal, U. (. (1998) "Constant Risk Aversion", Journal of Economic Theory, 83, 1, 19-42
-
Karni, E. and Safra, Z. (1998) "The Hexagon Condition and Additive Representation for Two Dimensions : An Algebraic Approach", Journal of Mathematical Psychology, 42, 4, 393-399
-
Safra, Z. and Sulganik, E. (1995) "On the nonexistence of Blackwell's theorem-type results with general preference relations", Journal of Risk and Uncertainty, 10, 3, 187-201
-
Safra, Z. and Sulganik, E. (1995) "Schur convexity, quasi-convexity and preference for early resolution of uncertainty", Theory and Decision, 39, 2, 213-218
-
Karni, E. and Safra, Z. (1995) "The impossibility of experimental elicitation of subjective probabilities", Theory and Decision, 38, 3, 313-320
-
Safra, Z. and Segal, U. (. (1995) "How complicated are betweenness preferences?", Journal of Mathematical Economics, 24, 4, 371-381
-
Karni, E. and Safra, Z. (1994) "Unbounded behaviorally consistent stopping rules", Journal of Risk and Uncertainty, 9, 3, 231-238
-
Burnovski, M. and Safra, Z. (1994) "Deterrence effects of sequential punishment policies : should repeat offenders be more severely punished?", International Review of Law and Economics, 14, 3, 341-350
-
Safra, Z. and Segal, U. (. (1993) "Dominance Axioms and Multivariate Non-Expected Utility Preferences
", International Economic Review, 34, 2, 321-334
-
Safra, Z. and Zilcha, I. (1993) "Bargaining solutions without the expected utility hypothesis", Games and Economic Behavior, 5, 2, 288-306
-
Rubinstein, A., Safra, Z. and Thomson, W. (1992) "On the Interpretation of the Nash Bargaining Solution and Its Extension to Non-Expected Utility Preferences", Econometrica, 60, 5, 1171-1186
-
Dekel, E., Safra, Z. and Segal, U. (. (1991) "Existence and dynamic consistency of Nash equilibrium with non-expected utility preferences", Journal of Economic Theory, 55, 2, 229-246
-
Fershtman, C., Safra, Z. and Vincent, D. (1991) "Delayed agreements and nonexpected utility", Games and Economic Behavior, 3, 4, 423-437
-
Karni, E. and Safra, Z. (1990) "Behaviorally consistent optimal stopping rules", Journal of Economic Theory, 51, 2, 391-402
-
Safra, Z., Segal, U. (. and Spivak, A. (1990) "The Becker-DeGroot-Marschak mechanism and nonexpected utility : a testable approach", Journal of Risk and Uncertainty, 3, 2, 177-190
-
Karni, E. and Safra, Z. (1990) "Rank-dependent probabilities", The Economic Journal, 100, 401, 487-495
-
Safra, Z., Segal, U. (. and Spivak, A. (1990) "Preference reversal and nonexpected utility behavior", The American Economic Review, 80, 4, 922-930
-
Zvi Safra (1990) "Connectedness of the set of manipulable equilibria", Mathematical Social Sciences, 19, 1, 45-53
-
Safra, Z., Zhou, L. and Zilcha, I. (1990) "Risk aversion in the Nash bargaining problem with risky outcomes and risky disagreement points", Econometrica, 58, 4, 961-965
-
Karni, E. and Safra, Z. (1989) "Dynamic Consistency, Revelations in Auctions and the Structure of Preferences", The Review of Economic Studies, 56, 3, 421-433
-
Karni, E. and Safra, Z. (1989) "Ascending bid auctions with behaviorally consistent bidders", Annals of Operations Research , 19, 1, 435-446
-
Zvi Safra (1988) "On the structure of non-manipulable equilibria", Journal of Mathematical Economics, 17, 1, 23-29
-
Safra, Z. and Zilcha, I. (1988) "Efficient sets with and without the expected utility hypothesis", Journal of Mathematical Economics, 17, 4, 369-384
-
Hong, C. S., Karni, E. and Safra, Z. (1987) "Risk aversion in the theory of expected utility with rank dependent probabilities", Journal of Economic Theory, 42, 2, 370-381
-
Karni, E. and Safra, Z. (1987) ""Preference Reversal" and the Observability of Preferences by Experimental Methods", Econometrica, 55, 3, 675-685
-
Karni, E. and Safra, Z. (1986) "Vickrey auctions in the theory of expected utility with rank-dependent probabilities", Economics Letters, 20, 1, 15-18
-
Safra, Z. and Zilcha, I. (1986) "Firm's hedging behavior without the expected utility hypothesis", Economics Letters, 21, 2, 145-148
-
Zvi Safra (1985) "Existence of equilibrium for walrasian endowment games", Journal of Economic Theory, 37, 2, 366-378
-
Zvi Safra (1984) "On the frequency of the transfer paradox", Economics Letters, 15, 3-4, 209-212
-
Zvi Safra (1983) "Manipulation by reallocating initial endowments", Journal of Mathematical Economics, 12, 1, 1-17
Book Item