Benjamin E. Hermalin

University of California, Berkeley

Schneider Professor

545 Student Services Building, #1900

2220 Piedmont Avenue

Berkeley, CA 94720

United States

SCHOLARLY PAPERS

39

DOWNLOADS
Rank 604

SSRN RANKINGS

Top 604

in Total Papers Downloads

48,222

SSRN CITATIONS
Rank 1,184

SSRN RANKINGS

Top 1,184

in Total Papers Citations

679

CROSSREF CITATIONS

353

Scholarly Papers (39)

1.

The Role of Boards of Directors in Corporate Governance: A Conceptual Framework & Survey

Charles A. Dice Center Working Paper No. 2008-21, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 228/2009, Fisher College of Business Working Paper No. 2008-03-020
Number of pages: 69 Posted: 18 Nov 2008 Last Revised: 31 Oct 2018
Renee B. Adams, Benjamin E. Hermalin and Michael S. Weisbach
University of Oxford, University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 8,871 (794)
Citation 254

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endogenous governance, board of director selection and actions

2.

The Law and Economics of Contracts

Handbook of Law and Economics, Forthcoming, Columbia Law and Economics Working Paper No. 296
Number of pages: 144 Posted: 12 Jun 2006
Benjamin E. Hermalin, Avery W. Katz and Richard Craswell
University of California, Berkeley, Columbia University - Law School and Stanford Law School
Downloads 6,434 (1,394)

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contract law, freedom of contract, contract formation, pre-contractual liability, promissory estoppel, interpretation, incomplete contracts, default rules, form and substance, breach of contract, contract damages, private enforcement of contracts, contract theory

3.
Downloads 4,577 ( 2,517)
Citation 12

Transparency and Corporate Governance

Number of pages: 27 Posted: 22 Jan 2007
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 4,458 (2,595)
Citation 5

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Corporate Governance, Transparency, Optimal Disclosure, Contracting

Transparency and Corporate Governance

Number of pages: 28 Posted: 31 Jan 2007 Last Revised: 06 Sep 2021
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 119 (297,624)
Citation 5

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4.

Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature

Number of pages: 39 Posted: 29 Jun 2000
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 3,688 (3,652)
Citation 110

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boards of directors, corporate governance

5.

Information Disclosure and Corporate Governance

Fisher College of Business Working Paper No. 2008-03-016, Journal of Finance, Forthcoming, Charles A. Dice Center Working Paper No. 2008-17
Number of pages: 47 Posted: 10 Jan 2008 Last Revised: 02 Feb 2011
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 3,289 (4,442)
Citation 49

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Corporate Governance, Corporate Disclosure

6.

Economics & Corporate Culture

Number of pages: 49 Posted: 10 May 1999
Benjamin E. Hermalin
University of California, Berkeley
Downloads 3,276 (4,473)
Citation 16

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Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature

Number of pages: 20 Posted: 06 Sep 2005
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 3,017 (5,061)
Citation 42

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Boards of Directors, economic literature, surveys

Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature

Number of pages: 41 Posted: 09 Mar 2001 Last Revised: 21 Oct 2021
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 220 (176,930)
Citation 2

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Hospital Governance, Performance Objectives, and Organizational Form

Number of pages: 35 Posted: 25 Jul 2000
University of Arizona, University of California, Berkeley, Ohio State University (OSU) - Department of Finance and Harvard Business School
Downloads 1,294 (19,492)
Citation 2

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board structure, corporate governance

Hospital Governance, Performance Objectives, and Organizational Form

Number of pages: 34 Posted: 24 Apr 2000
University of Arizona, University of California, Berkeley, Ohio State University (OSU) - Department of Finance and Harvard Business School
Downloads 689 (47,674)

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Hospital Governance, Performance Objectives, and Organizational Form

Number of pages: 38 Posted: 31 Mar 2001 Last Revised: 29 Nov 2021
University of Arizona, University of California, Berkeley, Ohio State University (OSU) - Department of Finance and Harvard Business School
Downloads 126 (285,384)

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9.

Toward an Economic Theory of Leadership: Leading by Example

Number of pages: 38 Posted: 07 May 1997
Benjamin E. Hermalin
University of California, Berkeley
Downloads 1,383 (17,982)
Citation 122

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10.

Trends in Corporate Governance

Number of pages: 28 Posted: 09 Oct 2003
Benjamin E. Hermalin
University of California, Berkeley
Downloads 1,273 (20,327)
Citation 84

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Board of directors, monitoring, CEO tenure and compensation

11.

Corporate Diversification and Agency

Number of pages: 37 Posted: 14 Feb 2000
Benjamin E. Hermalin and Michael L. Katz
University of California, Berkeley and University of California, Berkeley - Department of Economics
Downloads 1,206 (22,035)
Citation 6

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12.
Downloads 1,140 ( 23,944)
Citation 5

A Framework for Assessing Corporate Governance Reform

Number of pages: 21 Posted: 15 Feb 2006
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 1,072 (25,775)
Citation 2

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contract regulation, corporate governance, Sarbanes-Oxley

A Framework for Assessing Corporate Governance Reform

Number of pages: 22 Posted: 05 May 2006 Last Revised: 06 Jun 2021
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 68 (424,708)

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13.

The Effect of Affect on Economic and Strategic Decision Making

Number of pages: 22 Posted: 11 Jan 2000
Benjamin E. Hermalin and Alice M. Isen
University of California, Berkeley and Cornell University - Samuel Curtis Johnson Graduate School of Management
Downloads 1,087 (25,662)
Citation 18

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Affect, morale, emotion.

14.

The Economics of Network Neutrality

RAND Journal of Economics, 2012, NET Institute Working Paper No. 10-25, NYU Law and Economics Research Paper No. 10-57
Number of pages: 39 Posted: 12 Dec 2010 Last Revised: 24 Dec 2013
Nicholas Economides and Benjamin E. Hermalin
New York University - Leonard N. Stern School of Business - Department of Economics and University of California, Berkeley
Downloads 604 (57,297)
Citation 24

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Network Neutrality, Two-Sided Markets, Internet, Monopoly, Price Discrimination, Regulation, Congestion

15.

Contract Renegotiation and Options in Agency Problems

Number of pages: 35 Posted: 26 Dec 1998
Aaron S. Edlin and Benjamin E. Hermalin
University of California at Berkeley and University of California, Berkeley
Downloads 589 (59,173)
Citation 4

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16.

At the Helm, Kirk or Spock? The Pros and Cons of Charismatic Leadership

Number of pages: 55 Posted: 04 Apr 2014 Last Revised: 03 Oct 2014
Benjamin E. Hermalin
University of California, Berkeley
Downloads 521 (69,021)
Citation 7

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leadership, charisma

17.

Understanding Firm Value and Corporate Governance

Number of pages: 36 Posted: 05 Aug 2010
Benjamin E. Hermalin
University of California, Berkeley
Downloads 495 (73,493)
Citation 4

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corporate governance, executive compensation, firm het- erogeneity, trends in governance

18.

Firm Performance and Executive Compensation in the Savings and Loan Industry

Number of pages: 27 Posted: 25 Mar 1998
Benjamin E. Hermalin and Nancy Wallace
University of California, Berkeley and University of California, Berkeley - Real Estate Group
Downloads 475 (77,278)
Citation 6

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Contract Renegotiation in Agency Problems

Number of pages: 37 Posted: 22 May 1997
Aaron S. Edlin and Benjamin E. Hermalin
University of California at Berkeley and University of California, Berkeley
Downloads 403 (92,961)

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Contract Renegotiation in Agency Problems

Number of pages: 35 Posted: 04 Aug 2000 Last Revised: 20 Aug 2021
Aaron S. Edlin and Benjamin E. Hermalin
University of California at Berkeley and University of California, Berkeley
Downloads 37 (557,563)

Abstract:

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20.

What's So Special about Two-Sided Markets?

Economic Theory and Public Policies: Joseph Stiglitz and the Teaching of Economics, Forthcoming
Number of pages: 26 Posted: 06 May 2016
Benjamin E. Hermalin and Michael L. Katz
University of California, Berkeley and University of California, Berkeley - Department of Economics
Downloads 431 (86,728)
Citation 1

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Two-Sided Markets, Inefficient Rationing, Idiosyncratic Matching

Understanding Corporate Governance Through Learning Models of Managerial Competence

Fisher College of Business Working Paper No. 2014-03-04, Charles A. Dice Center Working Paper No. 2014-04
Number of pages: 32 Posted: 30 Mar 2014 Last Revised: 18 Apr 2014
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 399 (94,011)
Citation 1

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Corporate Governance, Career Concerns, Learning and Assessment, Cognitive Biases

Understanding Corporate Governance Through Learning Models of Managerial Competence

Number of pages: 32 Posted: 14 Apr 2014 Last Revised: 23 Sep 2021
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 20 (671,355)
Citation 1

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Assessing Managerial Ability: Implications for Corporate Governance

Forthcoming, The Handbook of the Economics of Corporate Governance, Charles A. Dice Center Working Paper No. 2017-01, Fisher College of Business Working Paper No. 2017-03-001
Number of pages: 86 Posted: 24 Jan 2017
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 330 (116,775)

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Corporate Governance, Career Concerns, Learning and Assessment, Cognitive Biases

Assessing Managerial Ability: Implications for Corporate Governance

Number of pages: 86 Posted: 07 Feb 2017 Last Revised: 05 Sep 2021
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 47 (507,522)
Citation 1

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23.

The Economics of Product-Line Restrictions with an Application to the Network Neutrality Debate

AEI-Brookings Joint Center Working Paper No. 07-02
Number of pages: 48 Posted: 30 Jul 2007
Benjamin E. Hermalin and Michael L. Katz
University of California, Berkeley and University of California, Berkeley - Department of Economics
Downloads 377 (101,271)
Citation 16

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product-line restrictions, duopoly model, welfare effects

24.

Firm Value and Corporate Governance: Does the Former Determine the Latter?

Number of pages: 44 Posted: 03 Jan 2008
Benjamin E. Hermalin
University of California, Berkeley
Downloads 365 (104,971)
Citation 5

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corporate governance, executive compensation, firm heterogeneity

25.

Leading for the Long-Term

Number of pages: 20 Posted: 26 Dec 1998
Benjamin E. Hermalin
University of California, Berkeley
Downloads 341 (113,281)
Citation 6

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26.

Enterprise Law Conference of 2014: Edited Transcript

Number of pages: 202 Posted: 26 Sep 2014
Hitotsubashi University Graduate School of International Corporate Strategy, University of California, Berkeley - School of Law, Hitotsubashi University, Indiana University Maurer School of Law, University of California, Berkeley - School of Law, University of Tokyo - Graduate School of Law and Politics, University of California, Berkeley, Independent, Gakushuin University, University of Tokyo - Faculty of Law, Waseda Business SchoolCESifo (Center for Economic Studies and Ifo Institute), University of Tokyo, Tokyo Institute of Technology, Nagoya University, Graduate School of lawNagoya University, Graduate School of law, Stanford Law School, Independent, Waseda University - Graduate School of Commerce, Nomura Institute of Capital Markets Research, Harvard Law School, Indiana University Bloomington - Hamilton Lugar School of Global and International Studies, Yale Law School, Waseda University, Independent, Doshisha University, Faculty of Law, Hitotsubashi University Graduate School of Law, Independent, Independent, Independent, Independent, University of Virginia School of Law, Waseda University - School of Law and University of Tokyo - Faculty of Economics
Downloads 298 (131,053)

Abstract:

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27.

The Role of Boards of Directors in Corporate Governance: a Conceptual Framework and Survey

Number of pages: 60 Posted: 17 Nov 2008 Last Revised: 31 Jan 2021
Renee B. Adams, Benjamin E. Hermalin and Michael S. Weisbach
University of Oxford, University of California, Berkeley and Ohio State University (OSU) - Department of Finance
Downloads 245 (159,875)
Citation 2

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The Strategic Use of Download Limits by a Monopoly Platform

NET Institute Working Paper No. 13-26, NYU Law and Economics Research Paper No. 14-09
Number of pages: 43 Posted: 06 Dec 2013 Last Revised: 30 Oct 2014
Nicholas Economides and Benjamin E. Hermalin
New York University - Leonard N. Stern School of Business - Department of Economics and University of California, Berkeley
Downloads 148 (251,450)
Citation 4

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two-sided markets, Internet, download limits (caps), congested platforms, network neutrality, price discrimination

The Strategic Use of Download Limits by a Monopoly Platform

Number of pages: 42 Posted: 07 Mar 2015
Nicholas Economides and Benjamin E. Hermalin
New York University - Leonard N. Stern School of Business - Department of Economics and University of California, Berkeley
Downloads 29 (605,335)
Citation 1

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two-sided markets, Internet, download limits (caps), congested platforms, network neutrality, price discrimination

The Strategic Use of Download Limits by a Monopoly Platform

NYU Working Paper No. 2451/33557
Number of pages: 35 Posted: 25 Apr 2016
Nicholas Economides and Benjamin E. Hermalin
New York University - Leonard N. Stern School of Business - Department of Economics and University of California, Berkeley
Downloads 28 (612,051)
Citation 2

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two-sided markets, Internet, download limits (caps), congested platforms, network neutrality, price discrimination

The Strategic Use of Download Limits by a Monopoly Platform

Posted: 31 Mar 2014
Nicholas Economides and Benjamin E. Hermalin
New York University - Leonard N. Stern School of Business - Department of Economics and University of California, Berkeley

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two-sided markets, Internet, download limits (caps), congested platforms, network neutrality, price discrimination

Product Differentiation Through Exclusivity: Is There a One-Market-Power-Rent Theorem?

Number of pages: 38 Posted: 04 Nov 2010 Last Revised: 22 Dec 2010
Benjamin E. Hermalin and Michael L. Katz
University of California, Berkeley and University of California, Berkeley - Department of Economics
Downloads 199 (194,454)
Citation 3

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Exclusive Contracts, Systems Competition, One-Monopoly-Rent Theorem

Product Differentiation Through Exclusivity: Is There a One‐Market‐Power‐Rent Theorem?

Journal of Economics & Management Strategy, Vol. 22, Issue 1, pp. 1-27, 2013
Number of pages: 27 Posted: 10 Jan 2013
Benjamin E. Hermalin and Michael L. Katz
University of California, Berkeley and University of California, Berkeley - Department of Economics
Downloads 4 (805,406)
Citation 2
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30.

When Less is More: How Limits on Executive Pay Can Result in Greater Managerial Effort and the Adoption of Better Strategies

Number of pages: 47 Posted: 04 Dec 2013
Peter Cebon and Benjamin E. Hermalin
University of Melbourne and University of California, Berkeley
Downloads 122 (290,999)
Citation 3

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Executive compensation, boards of directors, relational vs. performance-based contracting

31.

Why Whine About Wining and Dining?

Number of pages: 22 Posted: 08 Aug 2014
Benjamin E. Hermalin
University of California, Berkeley
Downloads 50 (485,564)

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Inter-firm cooperation, incentives to help, gift exchange

32.

Risks to Lenders and Borrowers in International Capital Markets

Number of pages: 49 Posted: 23 Jun 1999 Last Revised: 27 Oct 2021
Benjamin E. Hermalin, Andrew Kenan Rose and Andrew Kenan Rose
University of California, Berkeley and NUS Business SchoolUniversity of California - Haas School of Business
Downloads 46 (502,753)

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33.

Unobserved Investment, Endogenous Quality, and Trade

Number of pages: 25 Posted: 06 Aug 2010
Benjamin E. Hermalin
University of California, Berkeley
Downloads 26 (608,364)

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unobserved investment, endogenous quality, trade, holdup

34.

Biased Monitors: Corporate Governance When Managerial Ability is Mis-Assessed

Number of pages: 30 Posted: 11 Sep 2017 Last Revised: 20 Jun 2021
Benjamin E. Hermalin
University of California, Berkeley
Downloads 19 (657,163)

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35.

Customer or Complementor? Intercarrier Compensation with Two-Sided Benefits

Journal of Economics & Management Strategy, Vol. 20, Issue 2, pp. 379-408, 2011
Number of pages: 30 Posted: 21 Apr 2011
Benjamin E. Hermalin and Michael L. Katz
University of California, Berkeley and University of California, Berkeley - Department of Economics
Downloads 4 (772,688)
Citation 4
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36.

An Economic Analysis of Takings

Posted: 25 Oct 1999
Benjamin E. Hermalin
University of California, Berkeley

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37.

Endogenously Chosen Boards of Directors and Their Monitoring of the CEO

Posted: 04 Sep 1998
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance

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38.

Buyouts in Large Companies

Posted: 18 May 1998
Benjamin E. Hermalin and Alan Schwartz
University of California, Berkeley and Yale Law School

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39.

Endogenously Chosen Boards of Directors and Their Monitoring of Management

University of California at Berkeley, Boalt Hall School of Law Program in Law and Economics Working Paper 95-7
Posted: 08 May 1998
Benjamin E. Hermalin and Michael S. Weisbach
University of California, Berkeley and Ohio State University (OSU) - Department of Finance

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