Michael Beenstock is the Pinchas Sapir Professor of Economics at the Hebrew University of Jerusalem. He received his Ph.D. from the London School of Economics and Political Science, and was a professor at City University, London from 1981-87. He is a Fellow of the Centre for Economic Policy Research, London. His research interests include applied econometrics, spatial econometrics, world economics, the Israeli economy, energy economics, immigrant absorption, hosung markets and economic inequality. Daniel Felsenstein is a Professor and Chair of the Department of Geography at the Hebrew University of Jerusalem. His fields of interest are economic geography, regional science and spatial econometrics. His research relates to regional disparities, landuse-transportation modeling, urban resilience and local housing markets..