Faculty and Research Fellows


michael-hanemannW. Michael Hanemann
Center Director
Julie A. Wrigley Chair in Economics and Sustainability

Michael Hanemann is the Julie A. Wrigley Chair in Economics and Sustainability within the School of Sustainability and the W. P. Carey School of Business; and Distinguished Sustainability Scientist at the Julie Ann Wrigley Global Institute of Sustainability. Dr. Hanemann is also a Chancellor’s Professor Emeritus in the Department of Agricultural and Resources Economics and the Goldman School of Public Policy at UC Berkeley, where he was on the faculty since 1976. He earned a B.A. from Oxford University in Philosophy, Politics and Economics, an M.Sc. in Economics from the London School of Economics and a Ph.D. in Economics from Harvard University.

Michael Hanemann is a leading contributor to the field of environmental and resource economics. He is best known for his work on non-market valuation for environmental and other commodities using both revealed and stated preference, but he has also made important contributions to the economics of water, the economics of irreversibility and environmental management under uncertainty, and more recently the economics of climate change. His research has focused largely on aspects of understanding and modeling individual preferences and individual choice behavior, with applications to demand forecasting, the design of conservation policy, and environmental regulation.

Awards recognizing Dr. Hanemann’s excellence in the field include election as member of the National Academy of Sciences, 2011, Fellow of the American Agricultural Economics Association, 2010, Lifetime Award for Outstanding Achievement from the European Association of Environmental & Resource Economists in 2008, Inaugural Fellow of the Association of Environmental & Resource Economists in 2006, and an honorary doctorate from the Swedish University of Agricultural Sciences in 2003. He is a lead author in Working Group III of the IPCC Fifth Assessment.
W. P. Carey Directory
Sustainability Directory

Kelly-BishopKelly Bishop
Assistant Professor

Kelly Bishop is an assistant professor with the Department of Economics at Arizona State University. She joined our faculty in July 2013 having been an assistant professor of economics at the Olan Business School at Washington University in St. Louis since 2009. Her research interests include environmental economics, public economics, applied econometrics and labor economics. Kelly earned her Ph.D. in economics from Duke University.
Website
W. P. Carey Directory

nicolai-kuminoffNicolai V. Kuminoff
Assistant Professor

Nicolai V. Kuminoff is an assistant professor in the Department of Economics at Arizona State University. His research interests include environmental, public, and urban economics, as well as applied microeconometrics. Recent and ongoing projects have involved: (1) extending equilibrium sorting models to describe interrelated outcomes in the housing and labor markets; (2) developing a unified framework for modeling hedonic equilibria and land value capitalization of public goods; (3) estimating implicit expenditures on non-market goods and services in the United States; and (4) defining sufficient conditions for partially identifying consumer preferences for the attributes of a differentiated product. Nick moved to ASU from Virginia Tech, where he was an assistant professor in the department of agricultural and applied economics from 2006 to 2009.
Website
W. P. Carey Directory

Alvin MurphyAlvin Murphy
Assistant Professor

Alvin Murphy is an assistant professor in the Department of Economics at Arizona State University. He joined our faculty in July 2013 having been an assistant professor of economics at the Olan Business School at Washington University in St. Louis since 2008. His research interests include urban economics, environmental economics, public economics and industrial organization. A native of Ireland, Alvin earned his M.A. in economics at University College in Dublin and his Ph.D. in economics from Duke University.
Website
W. P. Carey Directory

kerry-smithV. Kerry Smith
Emeritus Regents’ Professor and Emeritus Professor of Economics

V. Kerry Smith is Emeritus Regents’ Professor and Emeritus University Professor of Economics at Arizona State University. He is also an emeritus affiliated faculty member with the School of Geographical Sciences and Urban Planning. Kerry’s general research interests include environmental economics, public economics, and applied econometrics. More specific topics include: economic valuation of environmental amenities and ecosystem services, sorting models and general equilibrium policy analysis, and the modeling of how uncertainty influences individuals’ behavior. He came to ASU from North Carolina State where he was the University Distinguished Professor and Director of the Center for Environmental and Resource Economic Policy. Prior to North Carolina State, he held positions as the Arts and Sciences Professor of Environmental Economics at Duke University and the Centennial Professor of Economics at Vanderbilt University. He is a member of the National Academy of Sciences, a Fellow of both the Association of Environmental and Resource Economists and the American Agricultural Economics Association, a Research Associate with the National Bureau of Economic Research, and a University Fellow with Resources for the Future.
W. P. Carey Directory
Decision Center for a Desert City Directory

Carlos-ValcarcelCarlos Valcarcel
Graduate Research Advisor

Carlos Valcarcel is a research advisor for the Center for Environmental Economics and Sustainability Policy. In May 2012 he earned dual degrees in Economics and History from Arizona State University. Currently he is a research analyst assistant for ASU Online and preparing for graduate school. Carlos is from Peru and enjoys traveling.