Gilat Levy


Professor of Economics

London School of Economics

Department of Economics

Houghton Street

London WC2A 2AE



Phone: +44 (0)207 955 6652


Fax: +44 (0)207 831 1840


E-mail Address: g.levy1 at




Research Interests: Microeconomic Theory, Political Economy, Law and Economics.


Working papers

Media Power via the Correlation of News Content, with Ines Moreno de Barreda and Ronny Razin.

Persuasion with Correlation Neglect, with Ines Moreno de Barreda and Ronny Razin.

Immigration into Prejudiced Societies: The effects of Segregation and Echo Chambers, with Ronny Razin.

Common Value Auctions with Ambiguity over Correlation, with Krittanai Laohakunakorn and Ronny Razin.

The Drowning Out of Moderate Voices, with Ronny Razin.


Combining Forecasts in the Presence of Ambiguity over Correlation Structures, with Ronny Razin, a new version: March 2018.


Personal Liberties, Religiosity and Effort, with Joan Esteban and Laura Mayoral




Echo Chambers and Their Effects on Economic and Political Outcomes, with Ronny Razin, forthcoming, Annual Review of Economics 2019.


The Intelligent Design of Religious Beliefs, forthcoming in Advances in the Economics of Religion, International Economic Association Series, Edited by Jean-Paul Carvalho, Sriya Iyer and Jared Rubin. For a related chapter in that book, see Religion and Segregation, by Ronny Razin.


Liberte, Egalite...Religiosite, with Joan Esteban and Laura Mayoral, Journal of Public Economics, Volume 164, August 2018, Pages 241-253.


Information Diffusion in Networks with the Bayesian Peer Influence Heuristic with Ronny Razin, Games and Economic Behaviour, Volume 109, May 2018, Pages 262-270.


The Co-evolution of Segregation, Polarised Beliefs and Discrimination: The Case of Private vs. State Education with Ronny Razin, American Economic Journal: Microeconomics, 2017.


Does polarization of opinions lead to polarization of platforms? the case of correlation neglect, with Ronny Razin, Quarterly Journal of Political Science, 2015, Vol. 10: No. 3, pp 321-355.


Correlation Neglect, Voting Behaviour and Information Aggregation, with Ronny Razin, American Economic Review, April 2015.


Preferences over Equality in the presence of Costly Income Sorting, with Ronny Razin, American Economic Journal: Microeconomics, May 2015.


Rituals or Good Works: Social Signalling in Religious Organizations, with Ronny Razin, 2014,Journal of European Economic Association Vol 12 (5).


Calvin's Reformation in Geneva: Self and Social Signalling, with Ronny Razin, 2014, Journal of Public Economic Theory, Vol 16 (5).


Dynamic Legislative Decision Making when Interest Groups Control the Agenda with Ronny Razin, Journal of Economic Theory, 2013, vol. 148(5), 1862-1890. This paper supersedes a previous version, Gradualism in Dynamic Influence Games.


Religious Beliefs, Religious Participation and Cooperation, with Ronny Razin, American Economic Journal: Microeconomics, August 2012, 4(3), pp. 121-151. See also pp155-156 in A Graphical Guide to Game Theory, Pastine, I. and Pastine, T. (2017) UK: Icon Books Ltd.


When do Simple Policies Win? with Ronny Razin, Economic Theory (Political Economy Special Issue), April 2012, 49(3).


Diversity and the Power of the Elites in Democratic Societies: Evidence from Indonesia, with Oriana Bandiera, Journal of Public Economics. 2011, vol. 95, pp. 1322-1330.


Bidding For Attention and Competing for Votes in Political Debates, with Ronny Razin, The proceedings of the Workshop on the Political Economy of Democracy, Barcelona 2008.


Diversity and Redistribution, with Raquel Fernandez, Journal of Public Economics, 2008, vol. 92 (5-6). pp. 925-943.


Decision Making in Committees: Transparency, Reputation and Voting Rules, American Economic Review, March 2007, 97 (1), pp. 150-168.


Decision Making Procedures for Committees of Careerist Experts, American Economic Review, Papers and Proceedings, May 2007, 97(2), pp. 306-310.


On The Limits of Communication in Multidimensional Cheap Talk: A comment, with Ronny Razin, Econometrica, May 2007, 75(3), pp. 885-894.


The Politics of Public Provision of Education, Quarterly Journal of Economics, 2005, 120(4), pp. 1507-1534. For formal proofs, see The Politics of Public Provision of Education: Proofs.


Careerist Judges and the Appeals Process, Rand Journal of Economics, Summer 2005, 36(2), pp. 275-297. For a companion appendix see Proofs for Careerist Judges. Reprinted in The Economics of Judicial Behaviour, Epstein, L. (ed.), EE series on Economic Approaches to Law, edited by Richard A. Posner and Francesco Parisi, 2013.


A Model of Political PartiesJournal of Economic Theory, 2004, Vol. 115(2),  pp. 250-277. See also a companion working paper, Endogenous Parties: Cooperative and Non-Cooperative Analysis.


Anti-Herding and Strategic Consultation, European Economic Review, June 2004, 48(3), pp. 503-525


It Takes Two: An Explanation of the Democratic Peace, with Ronny Razin, Journal of European Economic Association, Vol. 2(1), March 2004, pp. 1-29.


Robin Hood's Compromise, with Oriana Bandiera, B.E. Contributions to Economic Analysis and Policy, 2004, 3(1), Article 19.