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David Sunding is the Thomas J. Graff Professor in the College of Natural Resources at UC Berkeley, where he is also the Co-Director of the Berkeley Water Center. His research concerns environmental and resource economics, regulation, technological change, applied econometrics, risk and public finance. Prof. Sunding teaches courses in natural resource economics, water resources, and law and economics. Prof. Sunding earned his Ph.D. from UC Berkeley in 1989. Prior to his current position, he served as a senior economist at President Clinton’s Council of Economic Advisors. He has served on panels of the National Research Council and the USEPA Science Advisory Board. He has advised federal and state government agencies on the development of policies and regulations in the area of natural resources and the environment. In addition to his position at Berkeley, Prof. Sunding is a principal in the litigation practice of The Brattle Group, a global firm providing consulting and expert testimony in economics, finance, and regulation.