Executive Vice Chancellor and Provost, UC Berkeley | Thomas & Alison Schneider Distinguished Professor in Finance | Professor, Haas School of Business and Department of Economics, UC Berkeley
Economic Analysis & Policy
Benjamin E. Hermalin serves as Executive Vice Chancellor and Provost for the University of California, Berkeley. He previously served as UC Berkeley’s Vice Provost of Faculty, and he holds professorships both in the Economics Department and at the Haas School of Business, where he is the Thomas & Alison Schneider Distinguished Professor of Finance. He received his PhD from MIT in 1988, the same year he joined UC Berkeley as an assistant professor in the Department of Economics and the Haas 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. From 1999 to 2002, he served as the Berkeley Haas Associate Dean for Academic Affairs and Chair of the Faculty. He was the Interim Dean of Berkeley Haas for most of 2002. He served as the Economics Department Chair from 2005 until 2008. He served from 2009 until 2012 (chair, 2011-12) on the campus’s Budget Committee, which reviews all academic personnel matters on the campus, including appointments, tenure, and promotions. He is a former co-editor of the RAND Journal of Economics. In 2014-15, he was the Vice Chair of the Academic Senate and served as Chair from fall 2015 until spring 2016. He is currently the Vice Provost for the Faculty. His areas of research include corporate governance, the study of organizations—especially leadership, industrial organization, and law and economics.
Expertise and Research Interests
- Contract Theory
- Economics of Leadership and Organization
- Executive Compensation
- Corporate Governance
- Competitive Strategy and Industrial Organization
- Benjamin E. Hermalin. Biased Monitors: Corporate Governance when Managerial Ability is Misassessed. Journal of The Japanese and International Economies.
- Benjamin E. Hermalin. Platform-Intermediated Trade with Uncertain Quality. Journal of Institutional and Theoretical Economic.
- Benjamin E. Hermalin. Why Whine about Wining and Dining?. Journal of Law, Economics, and Organization.
- Nicholas Economides and Benjamin E. Hermalin. The Strategic Use of Download Limits by a Monopoly Platform. RAND Journal of Economics.
- Peter Cebon and Benjamin E. Hermalin. When Less is More: The Benefits of Limits on Executive Pay. The Review of Financial Studies.
- Benjamin E. Hermalin Michael S. Weisbach. Information Disclosure and Corporate Governance. The Journal of Finance.
- Nicholas Economides and Benjamin E. Hermalin. The Economics of Network Neutrality. RAND Journal of Economics.
- Benjamin E. Hermalin and Michael S. Weisbach. Endogenously Chosen Boards of Directors and Their Monitoring of the CEO,. The American Economic Review.
- Benjamin E. Hermalin. Toward an Economic Theory of Leadership: Leading by Example. American Economic Review.
- Benjamin E. Hermalin and Michael Katz.. Moral Hazard and Verifiability: The Effects of Renegotiation in Agency. Econometrica.
At Haas since 1988
- July 2022 – present, Executive Vice Chancellor and Provost, UC Berkeley
- 2016 – June 2022, Vice Provost of Faculty, UC Berkeley
- 2006 – present, Thomas & Alison Schneider Distinguished Professorship in Finance, Haas School of Business
- 1998 – present, Professor, Haas School of Business, UC Berkeley
- 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
2014 – 2015 Distinguished Service Award from the Division of Social Sciences
1991 – 1993 & 1997 – 2000
Earl F. Cheit Award for Excellence in Teaching
NSF Graduate Fellowship
1984 – 1987
Phi Beta Kappa
- Ben Hermalin is UC Berkeley’s new executive vice chancellor and provost, UC Berkeley News, 01/11/2022
- Are We Too Captivated by Charisma in Hiring?, Chronicle Vitae, 07/24/2019
- Disney Faces Daunting Questions in Wake of John Lasseter, Harvey Weinstein Scandals, Variety, 11/28/2017
- Oracle, Cisco break ranks, support repeal of net neutrality rules, San Francisco Chronicle, 05/09/2017
- The FCC should preserve net neutrality, The HIll, 05/05/2017