Faculty & Research

Faculty and Executive Leadership Directory



Benjamin E. Hermalin

Thomas & Alison Schneider Distinguished Professor in Finance
and Vice Provost of the Faculty
510-642-7575
Email: click on the envelope icon below for full email address
Academic Status: On duty
Office Hours: none
Personal Homepage: http://faculty.haas.berkeley.edu/hermalin/
Curriculum Vitae (in PDF format, Acrobat Reader required)
LinkedIn Profile

Education


PhD, Economics, Massachusetts Institute of Technology
AB, Summa Cum Laude, Princeton University



Positions Held


At Haas since 1988

2016 – present, Vice Provost of Faculty, UC Berkeley
2006 – present, Thomas & Alison Schneider Distinguished Professorship in Finance
1998 – present, Professor, Haas School of Business
1998 – present, Professor, Department of Economics, UC Berkeley
2015 – 2016, Chair of the Academic Senate, UC Berkeley
2011 – 2012, Chair of the Budget Committee, UC Berkeley
2010 – 2015, Co-Editor, RAND Journal of Economics
2005 – 2008, Chair, Department of Economics, UC Berkeley
2002, Interim Dean, Haas School of Business
1999 – 2006, Willis H. Booth Professor of Banking and Finance
1999 – 2002, Associate Dean for Academic Affairs, Haas School of Business
1998 – 1999, Professor of Economics, Johnson Graduate School of Management
1996 – 1998, Harold Furst Associate Professor of Management Philosophy & Values, Haas School of Business
1994 – 1996, Associate Professor, Haas School of Business
1988 – 1994, Assistant Professor, Haas School of Business



Current Research and Interests


  • Corporate governance
  • Executive compensation
  • Economics of leadership and organization
  • Contract theory
  • Competitive strategy and industrial organization

 



Selected Papers and Publications


  • “The Strategic Use of Download Limits by a Monopoly Platform,” with Nicholas Economides. RAND Journal of Economics 46 (2015): 297-327.
  • “When Less is More: The Benefits of Limits on Executive Pay,” with Peter Cebon. Review of Financial Studies 28 (2015): 1667-1700.
  • “Information Disclosure and Corporate Governance,” with Michael S. Weisbach Journal of Finance 67 (2012): 195-233.
  • “The Economics of Network Neutrality,” with Nicholas Economides RAND Journal of Economics 43 (2012): 602-629.
  • “Endogenously Chosen Boards of Directors and Their Monitoring of the CEO,” with Michael S. Weisbach. American Economic Review 88 (1998): 96-118.
  • “Toward an Economic Theory of Leadership: Leading by Example.” American Economic Review 88 (1998): 1188-1206.
  • “Moral Hazard and Verifiability: The Effects of Renegotiation in Agency,” with Michael Katz. Econometrica 59 (1991): 1735-1753.


Teaching


  • No courses at this time


Honors and Awards


  • Phi Beta Kappa, 1984
  • NSF Graduate Fellowship, 1984-87
  • NSF Grants, 1991-93 & 1997-2000
  • Earl F. Cheit Award for Excellence in Teaching, 1991
  • Schwabacher Award, 1993
  • 2014–2015 Distinguished Service Award from the Division of Social Sciences, 2016



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