Benjamin E. Hermalin

Willis H. Booth Professor of Banking and Finance and Professor of Economics

Fields: Economics of organization, contract theory, corporate governance

Research interests: The role of emotions on strategic and non-strategic decision making; telecommunications pricing; non-profit governance; management of complex organizations (participatory field work); boards of directors; executive compensation; renegotiation in agency; leadership and corporate culture

Benjamin E. Hermalin has served as the Economics Department Chair since 2005. He holds professorships in both the Economics Department and in Berkeley's Haas School of Business, where he is the Thomas & Alison Schneider Distinguished Professor of Finance. He also serves on the editorial board of the Journal of Economic Literature. He recently completed a two-term appointment on the editorial board of the American Economic Review. Professor Hermalin received his PhD from MIT in 1988, the same year he joined UC Berkeley as assistant professor in the Department of Economics and the School of Business. He became a full professor in 1998. From 1999-2006 he was the Willis H. Booth Chair in Banking & Finance. He received the Schwabacher Award for outstanding teaching and research in 1993, and the Earl F. Cheit Outstanding Teaching Award in 1991.