Michael Hanemann

Job title: 
Professor Emeritus
Bio/CV: 

Michael Hanemann is a Chancellor's professor and Professor Emeritus of environmental and resource economics in the Department of Agricultural and Resources Economics, where he was on the faculty since 1968 until 2011. Prior to coming to Berkeley, he earned a B.A. from Oxford University in Philosophy, Politics and Economics, a M.Sc. in Economics from the London School of Economics and Ph.D. in Economics from Harvard University.

Michael's research in economics has focused largely on aspects of modeling individual choice behavior, with applications to demand forecasting, inducing conservation, environmental regulation and economic valuation. He is a leading authority on the methodology of non-market valuation using techniques of both revealed and stated preference.

Michael Hanemann is now a professor of economics with the W. P. Carey School of Business and a Julie A. Wrigley Chair in Sustainability in the School of Sustainability at Arizona State University. He is an environmental economist who works in the areas of water economics and policy, climate change and non-market valuation. He is also the director of the Center of Environmental Economics and Sustainability Policy at ASU.

Professor Hanemann is a member of the National Academy of Sciences.

Education
  • Ph.D. Economics,  Harvard University 1978
  • M.A. Public Finance and Decision Theory, Harvard University 1973
  • M.Sc. Development Economics, London School of Economics 1967
  • B.A. Philosophy, Politics, and Economics, Oxford University, England 1965 
Research interests: 
Non-market valuation, environmental economics and policy, water pricing and management, demand modeling for market research and policy design, the economics of irreversibility and adaptive management
Role: 

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