Details about Benjamin Hermalin

Access statistics for papers by Benjamin Hermalin.

Last updated 2007-09-20. Update your information in the RePEc Author Service.

Short-id: phe59

Working Papers

2008

1. The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey
   NBER Working Papers, National Bureau of Economic Research, Inc

2007

2. Transparency and Corporate Governance
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2006

3. A Framework for Assessing Corporate Governance Reform
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2001

4. Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature
   NBER Working Papers, National Bureau of Economic Research, Inc View citations
   See Also Journal Article in Economic Policy Review (2003)
5. Hospital Governance, Performance Objectives, and Organizational Form
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

2000

6. Corporate Diversification and Agency
   Research Program in Finance, Working Paper Series, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley View citations
   Also in
   Finance, EconWPA (2000) View citations
   Industrial Organization, EconWPA (1996)
   Research Program in Finance Working Papers, University of California at Berkeley (2000) View citations
   Economics Working Papers, University of California at Berkeley (1994)
   Economics Working Papers, University of California at Berkeley (2000) View citations
7. The Effect of Affect on Economic and Strategic Decision Making
   Method and Hist of Econ Thought, EconWPA View citations
   Also in
   Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000) View citations
   Economics Working Papers, University of California at Berkeley (1999)

1999

8. Risks to Lenders and Borrowers in International Capital Markets
   NBER Working Papers, National Bureau of Economic Research, Inc View citations

1998

9. Buyouts in Large Companies
   Yale School of Management Working Papers, Yale School of Management
   See Also Journal Article in Journal of Legal Studies (1996)

1997

10. Contract Renegotiation in Agency Problems
    Microeconomics, EconWPA View citations
    Also in
    NBER Working Papers, National Bureau of Economic Research, Inc (1997) View citations
11. Firm Performance and Executive Compensation in the Savings and Loan Industry
    Finance, EconWPA View citations
    See Also Journal Article in Journal of Financial Economics (2001)
12. Toward an Economic Theory of Leadership: Leading by Example
    Microeconomics, EconWPA
    Also in
    Working Papers, University of California at Berkeley, Haas School of Business (1996)
    See Also Journal Article in American Economic Review (1998)

1996

13. Endogenously Chosen Boards of Directors and Their Monitoring of the CEO
    Microeconomics, EconWPA
    Also in
    Berkeley Olin Program in Law & Economics, Working Paper Series, Berkeley Olin Program in Law & Economics (1995)
    Working Papers, University of California at Berkeley, Haas School of Business (1996) View citations
    See Also Journal Article in American Economic Review (1998)
14. Organizational Fixed Costs and Organizational Structure
    Industrial Organization, EconWPA

1992

15. Heterogeneity in Organizational Form: Why Otherwise Identical Firms Choose Different Incentives for Their Managers
    Economics Working Papers, University of California at Berkeley View citations
    See Also Journal Article in RAND Journal of Economics (1994)
16. Nonparametric Methods to Measure Efficiency: A Comparison of Methods
    Economics Working Papers, University of California at Berkeley
17. The Determinants of Efficiency and Solvency in Savings and Loans
    Economics Working Papers, University of California at Berkeley
    See Also Journal Article in RAND Journal of Economics (1994)

1991

18. Contracting Between Sophisticated Parties: A More Complete View of Incomplete Contracts and Their Breach
    Economics Working Papers, University of California at Berkeley
19. Managerial Preferences Concerning Risky Projects
    Economics Working Papers, University of California at Berkeley
    See Also Journal Article in Journal of Law, Economics and Organization (1993)
20. The Effects of Board Composition and Direct Incentives on Firm Performance
    Working Papers, Rochester, Business - Financial Research and Policy Studies View citations
    See Also Journal Article in Financial Management (1991)
21. The Effects of Competition on Executive Behavior
    Economics Working Papers, University of California at Berkeley View citations
    See Also Journal Article in RAND Journal of Economics (1992)
22. The Use of an Agent in a Signalling Model
    Economics Working Papers, University of California at Berkeley View citations
    See Also Journal Article in Journal of Economic Theory (1993)
23. Use of an agent in a signalling model (the)
    CEPREMAP Working Papers (Couverture Orange), CEPREMAP

1990

24. Adverse Selection, Short-Term Contracting, and the Underprovision of On-the-Job Training
    Economics Working Papers, University of California at Berkeley View citations
    See Also Journal Article in Contributions to Economic Analysis & Policy (2002)
25. Legal Restrictions on Private Contracts Can Enhance Efficiency
    DELTA Working Papers, DELTA (Ecole normale supérieure) View citations
    See Also Journal Article in Journal of Law, Economics and Organization (1990)
26. Moral Hazard and Verifiability: The Effects of Renegotiation in Agency
    Economics Working Papers, University of California at Berkeley View citations
    See Also Journal Article in Econometrica (1991)
27. The Effects of Competitive Pressures on Executive Behavior
    Economics Working Papers, University of California at Berkeley
28. Why Legal Restrictions on Private Contracts Can Enhance Efficiency
    Economics Working Papers, University of California at Berkeley

1989

29. Role of outside considerations in the design of compensation schemes (the)
    CEPREMAP Working Papers (Couverture Orange), CEPREMAP View citations

Journal Articles

2007

1. Leadership and Information
   American Economic Review, 2007, 97, (3), 944-947 View citations
2. Leading for the long term
   Journal of Economic Behavior & Organization, 2007, 62, (1), 1-19 View citations
3. The economics of product-line restrictions with an application to the network neutrality debate
   Information Economics and Policy, 2007, 19, (2), 215-248 View citations

2006

4. Your Network or Mine? The Economics of Routing Rules
   RAND Journal of Economics, 2006, 37, (3), 692-719 View citations

2005

5. Trends in Corporate Governance
   Journal of Finance, 2005, 60, (5), 2351-2384 View citations
6. What is Crime?
   Journal of Institutional and Theoretical Economics (JITE), 2005, 161, (2), 303-

2004

7. Governance, performance objectives and organizational form: evidence from hospitals
   Journal of Corporate Finance, 2004, 10, (4), 527-548 View citations
8. Sender or Receiver: Who Should Pay to Exchange an Electronic Message?
   RAND Journal of Economics, 2004, 35, (3), 423-447 View citations

2003

9. Boards of directors as an endogenously determined institution: a survey of the economic literature
   Economic Policy Review, 2003, (Apr), 7-26 View citations
   See Also Working Paper (2001)

2002

10. Adverse Selection, Short-Term Contracting, and the Underprovision of On-the-Job Training
    Contributions to Economic Analysis & Policy, 2002, 1, (1), 1005-1005 View citations
    See Also Working Paper (1990)

2001

11. Firm performance and executive compensation in the savings and loan industry
    Journal of Financial Economics, 2001, 61, (1), 139-170 View citations
    See Also Working Paper (1997)
12. Implementing the First Best in an Agency Relationship with Renegotiation: A Corrigendum
    Econometrica, 2001, 69, (5), 1391-95 View citations

2000

13. Contract Renegotiation and Options in Agency Problems
    Journal of Law, Economics and Organization, 2000, 16, (2), 395-423 View citations

1999

14. The Firm as a Noneconomy: Some Comments on Holmstrom
    Journal of Law, Economics and Organization, 1999, 15, (1), 103-06 View citations

1998

15. Endogenously Chosen Boards of Directors and Their Monitoring of the CEO
    American Economic Review, 1998, 88, (1), 96-118 View citations
    See Also Working Paper (1996)
16. Toward an Economic Theory of Leadership: Leading by Example
    American Economic Review, 1998, 88, (5), 1188-1206 View citations
    See Also Working Paper (1997)

1996

17. Buyouts in Large Companies
    Journal of Legal Studies, 1996, 25, (2), 351-70 View citations
    See Also Working Paper (1998)

1995

18. An Economic Analysis of Takings
    Journal of Law, Economics and Organization, 1995, 11, (1), 64-86 View citations

1994

19. Heterogeneity in Organizational Form: Why Otherwise Identical Firms Choose Different Incentives for Their Managers
    RAND Journal of Economics, 1994, 25, (4), 518-537 View citations
    See Also Working Paper (1992)
20. The Determinants of Efficiency and Solvency in Savings and Loans
    RAND Journal of Economics, 1994, 25, (3), 361-381 View citations
    See Also Working Paper (1992)

1993

21. Judicial Modification of Contracts between Sophisticated Parties: A More Complete View of Incomplete Contracts and Their Breach
    Journal of Law, Economics and Organization, 1993, 9, (2), 230-55 View citations
22. Managerial Preferences Concerning Risky Projects
    Journal of Law, Economics and Organization, 1993, 9, (1), 127-35 View citations
    See Also Working Paper (1991)
23. The Use of an Agent in a Signalling Model
    Journal of Economic Theory, 1993, 60, (1), 83-113 View citations
    See Also Working Paper (1991)

1992

24. The Effects of Competition on Executive Behavior
    RAND Journal of Economics, 1992, 23, (3), 350-365 View citations
    See Also Working Paper (1991)

1991

25. Moral Hazard and Verifiability: The Effects of Renegotiation in Agency
    Econometrica, 1991, 59, (6), 1735-53 View citations
    See Also Working Paper (1990)
26. The Effects of Board Composition and Direct Incentives on Firm Performance
    Financial Management, 1991, 20, (4) View citations
    See Also Working Paper (1991)
27. The negative effects of lender liability
    FRBSF Economic Letter, 1991, (Sep 20)

1990

28. Legal Restrictions on Private Contracts Can Enhance Efficiency
    Journal of Law, Economics and Organization, 1990, 6, (2), 381-409 View citations
    See Also Working Paper (1990)

1988

29. The Determinants of Board Composition
    RAND Journal of Economics, 1988, 19, (4), 589-606 View citations