Yuval Erez

Yuval Erez joined the Department of Economics at Lehigh University in 2019 after obtaining his doctorate in economics from Cornell University. He also holds an M.A. in economics and a B.A. in management and economics from Tel-Aviv University.

Professor Erez has received several awards for excellence in teaching. In 2024 he was recognized with the Lehigh Business Undergraduate Faculty Teaching Excellence Award and the Lehigh Business Graduate Faculty Excellence in Teaching Award (MS in Management). Before that, Professor Erez was recognized with the Tel-Aviv University Outstanding Teaching Award (2011 & 2013).

Regarding teaching, Professor Erez says, "Over my twenty years as a college educator, I have had the privilege of teaching economics and statistics courses to both graduate and undergraduate students. Very early in my career, I discovered that teaching college students is more than a job for me – it is a form of art and a personal life mission. Hence, I make sure to bring an enthusiastic and a caring teaching style to every class, every semester. Over the years I have developed, improved, and refined my teaching philosophy, which is centered around three core principles: Critical and creative thinking, self-belief, and class engagement."

His research and teaching interests include behavioral economics and decision theory.

Education

• Tel-Aviv University, B.A. (Management and Economics)
• Tel-Aviv University, M.A. (Economics)
• Cornell University, M.A., Ph.D. (Economics)

Research Interests

• Behavioral economics
• Judgment and decision-making
• Decision theory

• Erez Y., P. Zhang, and F. A. Araujo (2022). A Reference Dependent Regret Theory. Decision, 9(1),1-20
• Erez, Y. & Reyna, V. F. (June 2019). “The History of Decision Making”. In Sternberg, R. J., & Pickren, W. (Eds.). Handbook of the intellectual history of psychology: How psychological ideas have evolved from past to present. Cambridge University Press.