Ori Heffetz

Biography

Ori Heffetz is a data-based economist, using lab and field surveys and experiments to study the psychological, social, and cultural aspects of economic behavior, well-being, and policy. Heffetz's work investigates what we can and cannot learn from economic and well-being indicators—household expenditures, the unemployment rate, or self-reported happiness—and how governments can use such data to guide policy. For example, he studies how people interpret and respond to survey questions, and how the resulting data are affected.

Heffetz also studies people's economic perceptions, inferences, beliefs, and expectations, how they are related to behavior, and how policymakers can take them into account to design better policies and markets. For example, he has studied product visibility and conspicuous consumption, and how people infer quality from prices, choose relative to reference points, and respond to reminders, deadlines, menu descriptions, guarantees of data privacy, or public information about health risk.

Heffetz holds a BA in physics and philosophy from Tel Aviv University and a PhD in economics from Princeton University. He is a co-author of a widely used Principles of Economics textbook, and has created an award-winning macroeconomics course that introduces basic concepts and tools from economic theory and applies them to current news and global events. Beyond his academic research and teaching, he advises governmental and non-governmental institutions, and writes and speaks about economic issues.

Selected Publications

• Heffetz, Ori. "What will it take to get to acceptable privacy-accuracy combinations?"Harvard Data Science Review. Special Issue 2 (2022)
• Feldman, Naomi; Heffetz, Ori. "A Grant to Every Citizen: Survey Evidence of the Impact of a Direct Government Payment in Israel"National Tax Journal. 75.2 (2022): 229-263
• Heffetz, Ori; O'Donoghue, Ted; Henry S. Schneider, Henry. "Reminders Work, But for Whom? Evidence from New York City Parking-Ticket Recipients"American Economic Journal: Economic Policy. 14.4 (2022): 343–370
• Heffetz, Ori; Reeves, Daniel. "Difficulty of Reaching Respondents and Nonresponse Bias: Evidence from Large Government Surveys"Review of Economics and Statistics. 101.1 (2019): 176-191
• Heffetz, Ori; Ligett, Katrina. "Privacy and Data-Based Research"Journal of Economic Perspectives. 28.2 (2014): 75-98
• Heffetz, Ori; List, John. "Is the Endowment Effect an Expectations Effect?"Journal of the European Economic Association. 12.5 (2014): 1396-1422
• Benjamin, Daniel; Heffetz, Ori; Kimball, Miles; Rees-Jones, Alex. "Can Marginal Rates of Substitution Be Inferred from Happiness Data? Evidence from Residency Choices"American Economic Review. 104.11 (2014): 3498-3528
• Benjamin, Daniel; Heffetz, Ori; Kimball, Miles; Szembrot, Nichole. "Beyond Happiness and Satisfaction: Toward Well-Being Indices Based on Stated Preference"American Economic Review. 104.9 (2014): 2698-2735
• Heffetz, Ori; Rabin, Matthew. "Conclusions Regarding Cross-Group Differences in Happiness Depend on Difficulty of Reaching Respondents"American Economic Review. 103.7 (2013): 3001-3021
• Heffetz, Ori. "A Test of Conspicuous Consumption: Visibility and Income Elasticities"Review of Economics and Statistics. 93.4 (2011): 1101-1117

Recent Courses

• NCCB 5021 - Global Macroeconomics
• NBA 5255 - Global Macroeconomics News and Events
• NBAE 5240 - Macroeconomics and International Trade

Academic Degrees

• PhD Princeton University, 2005
• MA Princeton University, 2002
• BA Tel Aviv University, 1999