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{{Short description|Distinguished professor and author}}
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{{Infobox academic
{{Article for deletion/dated|page=John L. Furth|timestamp=20160705153947|year=2016|month=July|day=5|substed=yes|help=off}}
| honorific_prefix = Distinguished Achievement Professor
<!-- Once discussion is closed, please place on talk page: {{Old AfD multi|page=John L. Furth|date=5 July 2016|result='''keep'''}} -->
| name = Frank Alan Ward
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| honorific_suffix = PhD.
<br>
| image = Frank Ward, Phd.png
'''John L. Furth''' is a [[Chartered Financial Analyst|Chartered Financial Analyst (CFA)]] and leading businessman in the financial investment sector, having held board positions as chairman, vice chairman, director and trustee for notable international investment firms as well as hospitals and universities, such as Barnard College where he served as trustee.<ref name=CDS>{{cite web|url=http://spectatorarchive.library.columbia.edu/cgi-bin/columbia?a=d&d=cs19990831-01.2.15|title=The Board of Trustees of Barnard College|publisher=Columbia University Libraries|volume=CXXIII | issue=77 | date=August 31, 1999|accessdate=July 6, 2016}}</ref> He also serves on the Development Board for [[Yale University]] as well as on the Yale Tomorrow Executive Committee for their Capital Fund Campaign.<ref name=SI>{{cite web|url=http://library.si.edu/donate/spotlight-on-donors|title=Spotlight on Donars|publisher=Smithsonian Libraries|accessdate=July 6, 2016}}</ref> In January 2014, he joined Peter B. Cannell & Co., Inc. in [[New York City]] where he holds the position of vice chairman. He is a former general partner of Burnham and Co. where his financial career first began. He joined E.M. Warburg Pincus & Co. (1970—1999), now [[Warburg Pincus]], and held various positions, including executive vice president,<ref name="SBSun">{{cite news | url=https://www.newspapers.com/newspage/61479225/ | title=Beating Wall St. Bushes For Elusive Growth Stock | work=The San Bernadino County Sun, section B-21 | date=June 9, 1972 | agency=New York Times News Service | accessdate=July 7, 2016 | location=San Bernadino, CA | pages=30}}</ref> board chairman, vice chairman, director, and trustee of funds. He also chaired affiliated companies and was a founder of Warburg Pincus Counsellors and Warburg Pincus Asset Management. He co-authored a book with Winthrop Knowlton titled "Shaking the Money Tree (1972)".<ref name=Malik>{{cite web|url=http://www.drvijaymalik.com/2015/02/shaking-money-tree-1972-15-timeless.html|title=Shaking the Money Tree (1972)—15 Timeless Investing Lessons that Still Hold True | publisher=Vijay Malik|date=February 7, 2015|accessdate=July 4, 2016}}</ref> He has a B.A. from Yale University in English literature, and a B.A. from [[Harvard University]].
| image_size =
| alt =
| caption = Frank Ward (2024)
| native_name =
| native_name_lang =
| birth_name = <!-- use only if different from full/othernames -->
| birth_date = {{birth date and age|1948|10|08}}<!-- {{birth date and age|YYYY|MM|DD}} -->
| birth_place =
| death_date = <!-- {{death date and age|YYYY|MM|DD|YYYY|MM|DD}} (death date then birth date) -->
| death_place =
| death_cause =
| nationality = <!-- use only when necessary per [[WP:INFONAT]] -->
| citizenship = <!-- use only when necessary per [[WP:INFONAT]] -->
| other_names =
| occupation = Professor, scientist, researcher, author
| period =
| known_for = Environmental, agricultural and water resources economics
| title =
| boards = <!--board or similar positions extraneous to main occupation-->
| spouse = Erin Ward (since 2001)
| partner =
| children = 4, Ryan, Cordelia, Hilary, Evelyn
| parents = John (deceased) and Jane Ward
| relatives =
| awards = American Agricultural Economics Association: Dissertation Award, 1978; Western Agricultural Economics Association: Elected Fellow, 2021; DARE Hall of Fame in 2022; Colorado State University: Lifetime Achievement Award, 2022; top 2 percent of scientists awarded by Stanford University<ref name="The NewsMarket 2023 j351">{{cite web | title=Group of NMSU faculty named among top scientists worldwide | website=The NewsMarket | date=November 8, 2023 | url=https://newsroom.nmsu.edu/news/group-of-nmsu-faculty-named-among-top-scientists-worldwide/s/c04fa66f-8345-4aad-9e90-dfb6409acb55 | access-date=April 13, 2024}}</ref>
| website = [https://aeab.nmsu.edu/faculty/frank-ward.html Frank Ward]
| education = PhD.
| alma_mater = <!--will often consist of the linked name of the last-attended higher education institution-->
| thesis_title = ''The Welfare Effects of a Market Allocation of an Exhaustible Resource''
| thesis_url = [https://mountainscholar.org/bitstreams/9bc72940-4c2b-460a-804f-bebdaccff60a/download thesis website]
| thesis_year = 1977
| school_tradition = water science and management
| doctoral_advisor = John R. McKean
| academic_advisors = S. Lee Gray
| influences = Robert Solow, Harold Hotelling<ref name="Horn Prelims m1828">{{cite web | title=''Roads to Wisdom, Conversations with Ten Nobel Laureates in Economics'' | url=https://delong.typepad.com/document.pdf | last=Horn | first=Karen | publisher=Edward Elgar Publishing Limited | date=2009 | access-date=April 13, 2024}}</ref><!--must be referenced from a third-party source-->
| era = post 1978
| discipline = environmental economist
| sub_discipline = <!--academic discipline specialist area – e.g. Sub-atomic research, 20th-century Danish specialist, Pauline research, Arcadian and Ugaritic specialist-->
| workplaces = New Mexico State University (1978–current)<!--full-time positions only, not student positions-->
| doctoral_students = <!--only those with WP articles-->
| notable_students = <!--notable students would include those already in Wikipedia, or who are candidates for inclusion -->
| main_interests = water resource economics, environmental economics, natural resource economics
| notable_works = [https://scholar.google.com/citations?user=HNGXwcEAAAAJ&hl=en see Google scholar]
| notable_ideas =
| influenced = <!--must be referenced from a third-party source-->
| signature =
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| signature_size =
| footnotes =
}}


'''Frank Alan Ward''' is an economist and academic contributor to the fields of environmental and water resource economics. He is a [[Distinguished professor|Distinguished Achievement Professor]] at [[New Mexico State University]] in the College of Agriculture, Consumer, and Environmental Science where he has been teaching since 1978. He has authored over 115 peer-reviewed articles in journals, two books, and several book chapters. He was inducted in the DARE Hall of Fame in 2022 for his lifetime achievements and contributions at the state, national and/or international level.<ref name="Agricultural and Resource Economics 2023 v521">{{cite web | title=Awards and Honors | website=Agricultural and Resource Economics | date=January 25, 2023 | url=https://agsci.colostate.edu/dare/about/awards-and-honors/ | access-date=April 2, 2024}}</ref>
In 2005, Furth established an unrestricted fund for the Smithsonian Libraries which created The John L. and Hope L. Furth Endowment to further the libraries' mission, and help "engage the public and research communities to foster diverse learning experiences".<ref name=SLE>{{cite web|url=http://library.si.edu/donate/endowments/john-l-and-hope-l-furth|title=The John L. and Hope L. Furth Endowment for the Smithsonian Libraries|publisher=Smithsonian Libraries|accessdate=July 7, 2016}}</ref> In December 2014, Furth and his wife Hope provided [[Yale School of Medicine]] with a $3 million endowment which created the John and Hope Furth Professorship of Psychiatric Neuroscience. [[Hilary Blumberg]] was named the inaugural Furth Professor.<ref name=YaleMed>{{cite web|url=http://www.medicineatyale.org/jun2015/features/coverstories/220839/ | title=A Cause Close To Home Inspires A Gift With Universal Reach | publisher=Yale School of Medicine | date=June 2015 | volume=11 | issue=1 | accessdate=July 4, 2016}}</ref>


==Early life==
==Background==
John Furth graduated from Yale University in 1952 with a B.A. in English literature,<ref name=PBC/> and attended the [[New York University Stern School of Business]]. He also has a B.A. from [[Harvard]].<ref name=Bloomburg>{{cite web|url=http://www.bloomberg.com/research/stocks/private/person.asp?personId=24525425&privcapId=24525584|title=Company Overview of Foundation for Child Development |publisher= Bloomburg| accessdate=July 7, 2016}}</ref> He served as an officer in the US Army from 1952—1954 during the [[Korean War]], and was a recipient of a Bronze Star.<ref name=YaleMed/><ref name=GrandStreet>{{cite web|url=http://www.grandsettlement.org/honorees/john-furth|title=John L. Furth|publisher=Grand St. Settlement|date=June 13, 2016|accessdate=July 4, 2016}}</ref>


Ward received his B.S. degree in Economics at [[Colorado State University]] in 1970, his MS in Economics at Colorado State University in 1975, and his PhD in Economics at Colorado State University in 1978. His PhD dissertation, “The Welfare Effects of a Market Allocation of an Exhaustible Resource,” won an American Agricultural Economics Dissertation Award for 1978.<ref name="[Agricultural & Applied Economics Association, Oxford University Press] 1978 pp. 719–724">{{cite journal | title=News | journal=American Journal of Agricultural Economics | publisher=Agricultural & Applied Economics Association, Oxford University Press | volume=60 | issue=4 | year=1978 | issn=1467-8276 | pages=719–724 | jstor=1240264 | url=http://www.jstor.org/stable/1240264 | access-date=April 10, 2024}}</ref>
==Career==
Furth's financial career began with Burnham and Co. where, in 1962, he became a general partner.<ref name="IrvingDN">{{cite news | url=https://www.newspapers.com/newspage/44449322/ | title=Knowing A Money Tree | work=Personal Finance | date=June 28, 1972 | agency=Irving Daily News | accessdate=July 7, 2016 | author=Smith, Carlton | location=Irving, TX | pages=28}}</ref> From 1970—1999, he was with E.M. Warburg Pincus & Co., now [[Warburg Pincus]], where he served as board chairman, executive vice president, trustee of funds and various other board positions during his time with the company.<ref name="SBSun"/><ref name=SEC>{{cite web|url=https://www.sec.gov/Archives/edgar/data/927947/0000899140-96-000009.txt | title=Warburg Pincus Funds Prospectus | publisher=Security and Exchange Commission|date=December 29, 1995|accessdate=July 5, 2015}}</ref> He also chaired affiliated companies and was a founder of Warburg Pincus Counsellors and Warburg Pincus Asset Management which was merged into [[Credit Suisse]].<ref name=NYPost>{{cite web|url=http://nypost.com/1999/08/29/furth-goes-forth-from-warburg/ | title=Furth Goes Forth From Warburg | last=Piskora | first=Beth | publisher= New York Post | date=August 29, 1999 | accessdate=July 7, 2016}}</ref> In 1999, Furth joined Klingenstein, Fields & Co., LLC as their vice chairman and managing director.<ref name=FFCD>{{cite web|url=http://fcd-us.org/john-l-furth-assistant-treasurer|title=John L. Furth, Assistant Treasurer|publisher=Foundation for Child Development | accessdate=July 7, 2016}}</ref><ref name=GSS>{{cite web|url=http://www.grandsettlement.org/honorees/john-furth|title=Honorees|publisher=Grand St. Settlement |date=June 13, 2016|accessdate=July 7, 2016}}</ref>


==Academic career==
He is a trustee and assistant treasurer of the [[Foundation for Child Development]]<ref name=FFCD/>, an emeritus trustee of Barnard College,<ref name=PBC>{{cite web|url=https://www.peterbcannell.com/947257.htm | title=John L. Furth | publisher=Peter B. Cannell & Co., Inc. | work=Our People | accessdate=July 6, 2016}}</ref><ref name=CDS>{{cite web|url=http://spectatorarchive.library.columbia.edu/cgi-bin/columbia?a=d&d=cs19990831-01.2.15|title=The Board of Trustees of Barnard College|publisher=Columbia University Libraries|volume=CXXIII | issue=77 | date=August 31, 1999|accessdate=July 6, 2016}}</ref> a trustee and former chairman of Blythedale Children's Hospital,<ref name=BCH>{{cite web|url=http://www.blythedale.org/WYSIWYG/assets/Fall%202010.pdf | title=Helping Families HelpThemselves | publisher=Blythedale Children's Hospital | work=Today 2010 | date=April 20, 2010 | pages=4—6|accessdate=July 7, 2016}}</ref> and retired vice chairman and former president of the Board of the [[Grand Street Settlement]].


Since completing his PhD he has been Assistant Professor of [[Natural resource economics]] (1978-1983), Associate Professor of Natural Resource Economics (1983-1987) Professor of Natural Resource Economics (1988-2011), and Distinguished Achievement Professor of Natural Resource Economics (2011-present) at New Mexico State University.
==Recognition and Awards==

*Blythedale Children's Hospital honored Furth on April 20, 2010 in recognition of his service as Hospital Trustee and completion of his 5-year term as board chairman.<ref name=BCH/>
By 2024, Ward has authored more than 115 peer-refereed articles in journals and two books as well as a number of book chapters. He is one of the most heavily cited resource economists in citations to journal articles. His papers consistently appear in top scientific, environmental, and natural resource journals and he has more than 5,000 Google Scholar citations, four contributions with more than 200 citations each and over 10 with more than 100 citations.<ref name="Google Scholar w305">{{cite web | title=Google Scholar | website=Google Scholar | url=https://scholar.google.es/scholar?hl=en&as_sdt=0%2C5&q=author%3AFrank+Ward&btnG= | access-date=April 10, 2024}}</ref>

==Books==
His research focuses on water resource economics, climate change adaptation, management of depletable resources, and institutional analysis of surface water and aquifers for several of the world’s major river basins. Some of these basins include the Colorado, Rio Grande, Missouri, High Plains Ogallala domestically, as well as the [[Nile]], [[Tigris–Euphrates river system|Tigris-Euphrates]], [[Jordan]], and [[Amu Darya|Amu-Darya]] internationally.
*{{cite book|last1=Knowlton|first1=[by] Winthrop|last2=Furth|first2=John L.|title=Shaking the money tree; how to find new growth opportunities in common stocks|date=1972|publisher=Harper & Row|location=New York|isbn=9780060124410|edition=[1st ed.]}}

Some of the research projects he has worked on include assessing and managing surface water system as well as [[Aquifer|aquifers]] in countries like [[Israel]], [[Mauritania]], [[Costa Rica]], [[Iraq]], [[Afghanistan]], and [[Kenya]]. His work has also focused on reducing economic costs caused by drought and climate change, as well as a 2024 work investigating economically sustainable solutions for pumping in the High Plains Ogallala Aquifer. In 2022, he received a [[lifetime achievement award]] from Colorado State University.

During his tenure at NMSU, Ward was designated in 2011 as a Distinguished Achievement Professor, acknowledging his achievements in scholarly research, teaching and mentoring of students.<ref name="WAEA n123">{{cite web | title=Awards| website=Western Agricultural Economics Association | url=https://waeaonline.org/awards/ | access-date=April 10, 2024}}</ref> He was recently ranked in the top two percent of scientists worldwide by [[Stanford University]] and [[Elsevier]]. He is an elected Western Agricultural Economics Association Fellow in 2021. Within these roles, Dr. Ward believes that the most rewarding aspects are being able to assist students with opportunities to help them achieve their career ambitions, seek the recognition they deserve, and discover their potential beyond what they would have achieved on their own.

==Publications (selected)==
[[File:Professor Frank Ward.webp|thumb|Frank Ward, PhD. on location as a natural resource economist.]]

FA Ward, M Pulido-Velazquez, “Water conservation in irrigation can increase water use,” Proceedings of the National Academy of Sciences 105 (47), 18215-18220

FA Ward and D Beal, Valuing Nature with Travel Cost Models (Book), Edward Elgar (UK), 2000

FA Ward, Environmental and Natural Resource Economics (Book), Prentice-Hall, 2006

FA Ward, A Michelsen, “The economic value of water in agriculture: concepts and policy applications,” Water Policy 4 (5), 423-446

FA Ward, JB Loomis, “The travel cost demand model as an environmental policy assessment tool: a review of literature,” Western Journal of Agricultural Economics, (11), 164-178

JF Booker, AM Michelsen, FA Ward, “Economic impact of alternative policy responses to prolonged and severe drought in the Rio Grande Basin,” Water Resources Research 41 (2)

FA Ward, JF Booker, AM Michelsen, “Integrated economic, hydrologic, and institutional analysis of policy responses to mitigate drought impacts in Rio Grande Basin,” Journal of Water Resources Planning and Management 132 (6), 488-502

J Loomis, B Roach, F Ward, R Ready, “Testing transferability of recreation demand models across regions: a study of Corps of Engineer reservoirs,“ Water Resources Research 31 (3), 721-730

M Dagnino, FA Ward, “Economics of agricultural water conservation: empirical analysis and policy implications,” International Journal of Water Resources Development 28 (4), 577-600

SM Jalilov, M Keskinen, O Varis, S Amer, FA Ward, “Managing the water–energy–food nexus: Gains and losses from new water development in Amu Darya River Basin,” Journal of Hydrology 539, 648-661

FA Ward, M Pulido-Velazquez, “Efficiency, equity, and sustainability in a water quantity–quality optimization model in the Rio Grande basin,” Ecological Economics 66 (1), 23-37

FA Ward, “Economics of water allocation to instream uses in a fully appropriated river basin: Evidence from a New Mexico wild river,” Water Resources Research 23 (3), 381-392


==References==
==References==
{{reflist}}
{{reflist}}


{{Authority control}}

{{DEFAULTSORT:Ward, Frank Alan}}
[[Category:Agricultural economists]]
[[Category:American academics]]
[[Category:Colorado State University alumni]]
[[Category:New Mexico State University faculty]]
[[Category:American economics writers]]
[[Category:American scientists]]
[[Category:American economists]]
[[Category:Environmental economists]]
[[Category:Living people]]
[[Category:Living people]]
[[Category:Businesspeople]]
[[Category:Trustees by university or college in the United States]]
[[Category:Leaders of organizations]]
[[Category:Yale University alumni]]
[[Category:Philanthropists]]

Revision as of 23:59, 1 May 2024

Distinguished Achievement Professor
Frank Alan Ward
PhD.
Frank Ward (2024)
Born (1948-10-08) October 8, 1948 (age 75)
Occupation(s)Professor, scientist, researcher, author
Known forEnvironmental, agricultural and water resources economics
SpouseErin Ward (since 2001)
Children4, Ryan, Cordelia, Hilary, Evelyn
Parent(s)John (deceased) and Jane Ward
AwardsAmerican Agricultural Economics Association: Dissertation Award, 1978; Western Agricultural Economics Association: Elected Fellow, 2021; DARE Hall of Fame in 2022; Colorado State University: Lifetime Achievement Award, 2022; top 2 percent of scientists awarded by Stanford University[2]
Academic background
EducationPhD.
Thesis[thesis website 'The Welfare Effects of a Market Allocation of an Exhaustible Resource'] (1977)
Doctoral advisorJohn R. McKean
Other advisorsS. Lee Gray
InfluencesRobert Solow, Harold Hotelling[1]
Academic work
Erapost 1978
Disciplineenvironmental economist
School or traditionwater science and management
InstitutionsNew Mexico State University (1978–current)
Main interestswater resource economics, environmental economics, natural resource economics
Notable workssee Google scholar
WebsiteFrank Ward

Frank Alan Ward is an economist and academic contributor to the fields of environmental and water resource economics. He is a Distinguished Achievement Professor at New Mexico State University in the College of Agriculture, Consumer, and Environmental Science where he has been teaching since 1978. He has authored over 115 peer-reviewed articles in journals, two books, and several book chapters. He was inducted in the DARE Hall of Fame in 2022 for his lifetime achievements and contributions at the state, national and/or international level.[3]

Background

Ward received his B.S. degree in Economics at Colorado State University in 1970, his MS in Economics at Colorado State University in 1975, and his PhD in Economics at Colorado State University in 1978. His PhD dissertation, “The Welfare Effects of a Market Allocation of an Exhaustible Resource,” won an American Agricultural Economics Dissertation Award for 1978.[4]

Academic career

Since completing his PhD he has been Assistant Professor of Natural resource economics (1978-1983), Associate Professor of Natural Resource Economics (1983-1987) Professor of Natural Resource Economics (1988-2011), and Distinguished Achievement Professor of Natural Resource Economics (2011-present) at New Mexico State University.

By 2024, Ward has authored more than 115 peer-refereed articles in journals and two books as well as a number of book chapters. He is one of the most heavily cited resource economists in citations to journal articles. His papers consistently appear in top scientific, environmental, and natural resource journals and he has more than 5,000 Google Scholar citations, four contributions with more than 200 citations each and over 10 with more than 100 citations.[5]

His research focuses on water resource economics, climate change adaptation, management of depletable resources, and institutional analysis of surface water and aquifers for several of the world’s major river basins. Some of these basins include the Colorado, Rio Grande, Missouri, High Plains Ogallala domestically, as well as the Nile, Tigris-Euphrates, Jordan, and Amu-Darya internationally.

Some of the research projects he has worked on include assessing and managing surface water system as well as aquifers in countries like Israel, Mauritania, Costa Rica, Iraq, Afghanistan, and Kenya. His work has also focused on reducing economic costs caused by drought and climate change, as well as a 2024 work investigating economically sustainable solutions for pumping in the High Plains Ogallala Aquifer. In 2022, he received a lifetime achievement award from Colorado State University.

During his tenure at NMSU, Ward was designated in 2011 as a Distinguished Achievement Professor, acknowledging his achievements in scholarly research, teaching and mentoring of students.[6] He was recently ranked in the top two percent of scientists worldwide by Stanford University and Elsevier. He is an elected Western Agricultural Economics Association Fellow in 2021. Within these roles, Dr. Ward believes that the most rewarding aspects are being able to assist students with opportunities to help them achieve their career ambitions, seek the recognition they deserve, and discover their potential beyond what they would have achieved on their own.

Publications (selected)

Frank Ward, PhD. on location as a natural resource economist.

FA Ward, M Pulido-Velazquez, “Water conservation in irrigation can increase water use,” Proceedings of the National Academy of Sciences 105 (47), 18215-18220

FA Ward and D Beal, Valuing Nature with Travel Cost Models (Book), Edward Elgar (UK), 2000

FA Ward, Environmental and Natural Resource Economics (Book), Prentice-Hall, 2006

FA Ward, A Michelsen, “The economic value of water in agriculture: concepts and policy applications,” Water Policy 4 (5), 423-446

FA Ward, JB Loomis, “The travel cost demand model as an environmental policy assessment tool: a review of literature,” Western Journal of Agricultural Economics, (11), 164-178

JF Booker, AM Michelsen, FA Ward, “Economic impact of alternative policy responses to prolonged and severe drought in the Rio Grande Basin,” Water Resources Research 41 (2)

FA Ward, JF Booker, AM Michelsen, “Integrated economic, hydrologic, and institutional analysis of policy responses to mitigate drought impacts in Rio Grande Basin,” Journal of Water Resources Planning and Management 132 (6), 488-502

J Loomis, B Roach, F Ward, R Ready, “Testing transferability of recreation demand models across regions: a study of Corps of Engineer reservoirs,“ Water Resources Research 31 (3), 721-730

M Dagnino, FA Ward, “Economics of agricultural water conservation: empirical analysis and policy implications,” International Journal of Water Resources Development 28 (4), 577-600

SM Jalilov, M Keskinen, O Varis, S Amer, FA Ward, “Managing the water–energy–food nexus: Gains and losses from new water development in Amu Darya River Basin,” Journal of Hydrology 539, 648-661

FA Ward, M Pulido-Velazquez, “Efficiency, equity, and sustainability in a water quantity–quality optimization model in the Rio Grande basin,” Ecological Economics 66 (1), 23-37

FA Ward, “Economics of water allocation to instream uses in a fully appropriated river basin: Evidence from a New Mexico wild river,” Water Resources Research 23 (3), 381-392

References

  1. ^ Horn, Karen (2009). "Roads to Wisdom, Conversations with Ten Nobel Laureates in Economics" (PDF). Edward Elgar Publishing Limited. Retrieved April 13, 2024.
  2. ^ "Group of NMSU faculty named among top scientists worldwide". The NewsMarket. November 8, 2023. Retrieved April 13, 2024.
  3. ^ "Awards and Honors". Agricultural and Resource Economics. January 25, 2023. Retrieved April 2, 2024.
  4. ^ "News". American Journal of Agricultural Economics. 60 (4). Agricultural & Applied Economics Association, Oxford University Press: 719–724. 1978. ISSN 1467-8276. JSTOR 1240264. Retrieved April 10, 2024.
  5. ^ "Google Scholar". Google Scholar. Retrieved April 10, 2024.
  6. ^ "Awards". Western Agricultural Economics Association. Retrieved April 10, 2024.

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