Andrew Hayashi

  • Professor of Law

Andrew Hayashi is an expert in tax law, tax policy and behavioral law and economics. He joined the University of Virginia School of Law's faculty in July 2013. Hayashi is a McDonald Distinguished Fellow at the Center for the Study of Law and Religion at Emory University.

Prior to joining the Law School, he was the Nourallah Elghanayan Research Fellow at the Furman Center for Real Estate and Urban Policy at New York University, where his research focused on the effects of tax policy on real estate and housing markets. Before joining the Furman Center, he practiced tax law as an associate at Davis Polk & Wardwell.

Hayashi received a bachelor of science in foreign service degree, magna cum laude, in philosophy and international economics from Georgetown University in 2002. The following year, he received a master's degree in economics and philosophy from the London School of Economics. He received a law degree, Order of the Coif, and a doctorate in economics from the University of California, Berkeley, in 2008. At Berkeley, he was a Jack Kent Cooke Foundation Graduate Scholar, a Berkeley Law and Economics Fellow, and received research funding from the Russell Sage Foundation and the Pell Institute for the Study of Opportunity in Higher Education.


  • J.D.
    University of California at Berkeley School of Law
  • Ph.D.
    University of California at Berkeley
  • M.Sc.
    London School of Economics
  • B.S.F.S.
    Georgetown University


The Charitable Giving and Civic Engagement (with Justin Hopkins), University of Illinois Law Review (2023).

Works in Progress

Tax Sanctions and the Russia-Ukraine Conflict (with Ashley S. Deeks) (2023).
Present Bias and Debt-Financed Durable Goods (with Oren Bar-Gill) (2021).

Book Chapters

Options for Property Tax Reform: Equitable Revenue Raising Reforms for New York City’s Property Tax, in The Most Important Economic and Fiscal Decisions Facing the Next Mayor, Citizens Budget Commission, 53–80 (2013).
Distribution of the Burden of New York City’s Property Tax (with Ben Gross), in State of New York City’s Housing and Neighborhoods 2011, Furman Center for Real Estate and Urban Policy, 7–28 (2012).

Articles & Reviews

The End and the Beginning of Animus, 74 Alabama Law Review 697–723 (2023).
Taxing Digital Platforms (with Young Ran (Christine) Kim), 26 Virginia Journal of Law and Technology 1 (2023).
The Law and Economics of Animus, 89 University of Chicago Law Review 581–648 (2022).
Tax Law as Foreign Policy (with Ashley S. Deeks), 170 University of Pennsylvania Law Review 275–340 (2022).
Do Good Citizens Need Good Laws? Economics and the Expressive Function (with Michael D. Gilbert), 22 Theoretical Inquiries in Law 153 (2021).
Dynamic Property Taxes and Racial Gentrification, 96 Notre Dame Law Review 1517–1537 (2021).
Protectionist Property Taxes (with Rich Hynes), 106 Iowa Law Review 1091–1151 (2021).
Property Taxes During the Pandemic (with Ariel Jurow Kleiman), 88 Tax Notes State 1461–1467 (2020).
Countercyclical Property Taxes, 40 Virginia Tax Review 1–51 (2020).
Myopic Consumer Law, 106 Virginia Law Review 689–763 (2020).
Crisis-Driven Tax Law: The Case of Section 382 (with Albert Choi & Quinn Curtis), 23 Florida Tax Review 1–72 (2019).
Maintaining Scholarly Integrity in the Age of Bibliometrics (with Gregory Mitchell), 69 Journal of Legal Education 138–154 (2019).
Understanding Tax Provisions in M&A Agreements (reviewing Gladriel Shobe, Private Benefits in Public Offerings: Tax Receivable Agreements in IPOs (71 Vand. L. R. 888-935 [2018])) JOTWELL (2018).
The Quiet Costs of Taxation: Cash Taxes and Noncash Bases, 71 Tax Law Review 781–826 (2018).
Do Taxes Motivate Corporate Managers? (reviewing Lily Batchelder, Accounting for Behavioral Considerations in Business Tax Reform: The Case of Expensing (Feb. 5, 2017)) JOTWELL (2017).
A Theory of Facts and Circumstances, 69 Alabama Law Review 289–325 (2017).
Savings Policy and the Paradox of Thrift (with Daniel P. Murphy), 34 Yale Journal of Regulation 743–790 (2017).
Putting a Face to International Tax Avoidance (reviewing Omri Marian, The State Administration of International Tax Avoidance (7 Harv. Bus. L. Rev. [2017])) JOTWELL (2016).
Determinants of Mortgage Default and Consumer Credit Use: The Effects of Foreclosure Laws and Foreclosure Delays (with Sewin Chan, Andrew Haugwout & der Klaauw, Van), 48 Journal of Money, Credit, & Banking 393–413 (2016).
Equity and Efficiency in Rule Design (reviewing Zachary D. Liscow, Reducing Inequality on the Cheap: When Legal Rule Design Should Incorporate Equity as Well as Efficiency (127 Yale L.J. 2478 [2014])) JOTWELL (2015).
Property Taxes and Their Limits: Evidence from New York City, 25 Stanford Law & Policy Review 33–51 (2014).
Tacking in Shifting Winds: A Short Response to Bubb and Pildes (with Quinn Curtis & Michael A. Livermore), 127 Harvard Law Review Forum 204–209 (2014).
The Legal Salience of Taxation, 81 University of Chicago Law Review 1443–1507 (2014).
Who Benefits from New York Property Assessment Caps?, 74 State Tax Notes 507–511 (2014).
Experimental Evidence of Tax Salience and the Labor-Leisure Decision: Anchoring, Tax Aversion, or Complexity? (with David Gamage & Brent K. Nakamura), 41 Public Finance Review 203–226 (2013).
Occasionally Libertarian: Experimental Evidence of Self-Serving Omission Bias, 29 Journal of Law, Economics, & Organization 711–733 (2013).

Op-Eds, Blogs, Shorter Works

Local Governments Need More Revenue. Try Progressive Property Taxes. (with Ariel Jurow Kleiman), Washington Post (May 7, 2020).
‘Common Law’ S4 E6: Property Taxes and Racial Gentrification

Featured Scholarship