ACADEMIC PAPERS:

Publications

 

Working Papers

 

Co-authors

 

PUBLICATIONS:
 

*      “Averting Regulatory Enforcement: Evidence from New Source Review”
Joint with Nat Keohane and Andrey Voynov
Journal of Economics and Management Strategy, forthcoming in Volume 18, Issue 1, Spring 2009, pages 75-104.
Journal Article
Yale mimeo, March 2008.
NBER Working Paper 13512, October 2007.
Previously titled: “Averting Enforcement: Strategic Response to the Threat of Environmental Regulation”
SSRN abstract number 935083, October 2006.
UC Energy Institute CSEM Working Paper-160, October 2006.

*      “Is Real-Time Pricing Green? The Environmental Impacts of Electricity Demand Variance”
Joint with Stephen Holland
Review of Economics and Statistics, Volume 90, Issue 3, August 2008, pages 550-561.
Journal Article
Yale mimeo, May 2008.
Appendix, March 2005.
NBER Working Paper 13508, October 2007.
SSRN Yale SOM Working Paper No. ES-41 (abstract number 738524), May 2005.
UC Energy Institute CSEM Working Paper-136r, September 2006.
 

*      “Measuring Welfare in Restructured Electricity Markets”
Review of Economics and Statistics, Volume 90, Issue 2, May 2008, pages 369-386.
Journal Article
Yale mimeo, March 2007.
NBER Working Paper 13509, October 2007.
Related working paper: CSEM-117
 

*      “Vertical Arrangements, Market Structure, and Competition: An Analysis of Restructured U.S. Electricity Markets”
Joint with Jim Bushnell and Celeste Saravia
American Economic Review, Volume 98, Issue 1, March 2008, pages 237-266.
Journal Article
AER data file and web appendix, March 2008.
Yale mimeo, August 2007.
NBER Working Paper 13507, October 2007.
UC Energy Institute CSEM Working Paper-126
, March 2004, Revised February 2005.
SSRN Yale SOM Working Paper No. ES-40 (abstract number 734463), February 2005.
Previously titled: “Market Structure and Competition: A Cross-Market Analysis of U.S. Electricity Deregulation”
 

*      “Climate Change Adaptation: A Study of Fuel Choice and Consumption in the U.S. Energy Sector”
Joint with Robert Mendelsohn and Wendy Morrison
Journal of Environmental Economics and Management, Volume 55, Issue 2, March 2008, pages 175-193.
Journal Article
JEEM web appendix, March 2008.
Yale mimeo, October 2007.
Previously titled: “A Discrete-Continuous Choice Model of Climate Change Impacts on Energy”
SSRN Yale SOM Working Paper No. ES-43 (abstract number 738544), March 2005.
 

*       “Reformulating Competition? Gasoline Content Regulation and Wholesale Gasoline Prices”
Joint with Jennifer Brown, Justine Hastings, and Sofia Villas-Boas
Journal of Environmental Economics and Management, Volume 55, Issue 1, January 2008, pages 1-19.
Journal Article
CUDARE Working Paper #1010, January 2007.
SSRN abstract number 886417, March 2006.
 

*       “Do Oligopolists Pollute Less? Evidence from a Restructured Electricity Market”
Journal of Industrial Economics, Volume 55, Issue 4, December 2007, pages 661-689.
Journal Article
Yale mimeo, July 2007.
NBER Working Paper 13511, October 2007.
Related working paper: PWP-088
 

*      “Upstream Competition and Vertical Integration in Electricity Markets”
Journal of Law and Economics, Volume 50, Issue 1, February 2007, pages 125-156.
Journal Article

Yale mimeo, November 2005.
Related working papers: CSEM-117, PWP-083
 

*      “The Short-Run Effects of Time-Varying Prices in Competitive Electricity Markets”
Joint with Stephen Holland
The Energy Journal, Volume 27, Issue 4, October 2006, pages 127-155.
Journal Article
Yale mimeo, May 2006.
UC Energy Institute CSEM Working Paper-143r, May 2005, Revised May 2006.
Previously titled: “The Distributional and Environmental Effects of Time-Varying Prices in Competitive Electricity Markets”
SSRN Yale SOM Working Paper No. ES-42 (abstract number 738585), May 2005.
 

*      “Consumption under Noisy Price Signals: A Study of Electricity Retail Rate Deregulation in San Diego”
Joint with Jim Bushnell
Journal of Industrial Economics, Volume 53, Issue 4, December 2005, pages 493-513.
Journal Article
SSRN abstract number 870633, December 2005.
Yale mimeo, November 2004.
Previously titled: “The Impact of Retail Rate Deregulation on Electricity Consumption in San Diego
UC Energy Institute POWER Working Paper-082, April 2001, Revised July 2003.
 

*      “Examining Policies to Reduce Homelessness using a General Equilibrium Model of the Housing Market”
Joint with John Quigley, Steven Raphael, and Eugene Smolensky
Journal of Urban Economics, Volume 52, Issue 2, September 2002, pages 316-340.
Journal Article
Berkeley Program on Housing and Urban Policy Working Paper W00-006.
 

*      “The Environmental Effects of SO2 Trading and Banking”
Joint with Dallas Burtraw
Environmental Science and Technology, Volume 33, Issue 20, October 15, 1999, pages 3489-3494.
Journal Article
Resources for the Future Discussion Paper 99-25

*      “Costs and Benefits of Reducing Air Pollutants Related to Acid Rain”
Joint with Dallas Burtraw, Alan Krupnick, David Austin, and Deirdre Farrell
Contemporary Economic Policy, Volume 16, Issue 4, October 1998, pages 379-400.
Journal Article
Resources for the Future Discussion Paper 97-31-REV
 

WORKING PAPERS:

*      “The Value of Scarce Water: Measuring the Inefficiency of Municipal Regulations”
Joint with Sheila Olmstead
Paper to be revised and resubmitted to the Journal of Environmental Economics and Management.
Yale mimeo, August 2007.
NBER Working Paper 13513, October 2007.
SSRN abstract number 875439, January 2006.
AEI-Brookings Working Paper 06-01, January 2006.
 

*      “Prices vs. Quantities: Environmental Regulation and Imperfect Competition”
In submission
Yale mimeo, September 2008.
NBER Working Paper 13510, October 2007.
Related working paper: PWP-088
 

*      “Market Organization and Efficiency in Electricity Markets”
Joint with Matthew White
Yale mimeo, September 2008.
 

*      “Evaluating Emissions Trading Using a Nearest (Polluting) Neighbor Estimator”
Joint with Meredith Fowlie and Stephen Holland
Yale mimeo, October 2008.
 

WORK IN PROGRESS: 

*      “Do Firms Respond to Market Based Environmental Instruments? Evidence from Bidding Behavior in Electricity Markets”
Joint with Steve Puller
Abstract, May 2008.
 

*      “Costly Blackouts? Measuring Productivity and Environmental Effects of Electricity Shortages”
Joint with Karen Fisher-Vanden and Juliana Qiong Wang
Abstract, May 2008.

*      “Firms’ Costs (and Benefits) of Environmental Regulation: An Event Study of the EU Emission Trading Scheme”
Joint with Jim Bushnell and Howard Chong
 

BOOKS, BOOK CHAPTERS, AND OTHER PUBLICATIONS:

*      “The Environmental Effects of SO2 Trading and Banking,” (with Dallas Burtraw) in Tietenberg, Tom. ed. Emissions Trading Programs, Vol. 1: Implementation and Evolution (Aldershot, UK: Ashgate, 2001), pp. 253-258; reprinted version of the article in Environmental Science and Technology, 33(20): 3489-3494.
 

*      Homelessness in California, (with John Quigley, Steven Raphael, Eugene Smolensky, and Larry Rosenthal) GSPP Public Policy Institute of California Publication, 2001, 93 pages.
 

OLD WORKING PAPERS:
   

*      Vertical Integration in Restructured Electricity Markets: Measuring Market Efficiency and Firm Conduct”
UC Energy Institute CSEM Working Paper-117, October 2003.
SSRN Yale SOM Working Paper No. ES-32 (abstract number 459593), October 2003.
This paper has been split into two papers available above:
   “Upstream Competition and Vertical Integration in Electricity Markets” and
   “Measuring Welfare in Restructured Electricity Markets”
 

*      Environmental Regulation in Oligopoly Markets: A Study of Electricity Restructuring”
UC Energy Institute POWER Working Paper-088, November 2001, Revised September 2004.
SSRN Yale SOM Working Paper No. ES-38 (abstract number 601366), September 2004.
This paper has been split into two papers available above:
   “Prices vs. Quantities: Environmental Regulation and Imperfect Competition” and
   “Do Oligopolists Pollute Less? Evidence from a Restructured Electricity Market”
 

*      “Pricing Behavior in the Initial Summer of the Restructured PJM Wholesale Electricity Market”
UC Energy Institute POWER Working Paper-083, April 2001.
This paper has been incorporated into the following paper available above:
   “Upstream Competition and Vertical Integration in Electricity Markets”

WEB PAGES OF CO-AUTHORS AND THEIR AFFILIATIONS:
   

Austin, David

Congressional Budget Office

Brown, Jennifer

University of California at Berkeley

Burtraw, Dallas

Resources for the Future

Bushnell, Jim

University of California Energy Institute

Chong, Howard

University of California at Berkeley

Farrell, Deirdre

Resources for the Future

Fisher-Vanden, Karen

Pennsylvania State University

Fowlie, Meredith

University of Michigan

Hastings, Justine

Yale University

Holland, Stephen

University of North Carolina at Greensboro

Keohane, Nat

Environmental Defense Fund

Krupnick, Alan

Resources for the Future

Mendelsohn, Robert

Yale University

Morrison, Wendy

Texas A&M University

Olmstead, Sheila

Yale University

Puller, Steve

Texas A&M University

Quigley, John

University of California at Berkeley

Raphael, Steven

University of California at Berkeley

Rosenthal, Larry

University of California at Berkeley

Saravia, Celeste

Cornerstone Research

Smolensky, Eugene

University of California at Berkeley

Villas-Boas, Sofia

University of California at Berkeley

Voynov, Andrey

Yale University

Wang, Juliana Qiong

Yale University

White, Matthew

University of Pennsylvania