Energy Institute at Haas

Research

 

EI @ Haas Working Papers

 

The Energy Institute at Haas Working Paper Series is a continuation of the Center for the Study of Energy Markets working paper series that operated under UCEI from 2001 to 2009.

 

New Working Papers:

 

WP-252: Severin Borenstein and James Bushnell, "The U.S. Electricity Industry after 20 Years of Restructuring"(September 2014) Abstract Full Paper

 

WP-251: Severin Borenstein, James Bushnell, Frank A. Wolak, and Matthew Zaragoza-Watkins, "Report of the Market Simulation Group on Competitive Supply/Demand Balance in the California Allowance Market and the Potential for Market Manipulation" (July 2014) Abstract Full Paper Press Release

 

WP-250: Soren T. Anderson, Ryan Kellogg, and Steve W. Salant, "Hotelling Under Pressure" (July 2014) Abstract Full Paper

 

WP-249: Maximilian Auffhammer and Catherine Wolfram, "Powering Up China: Income Distributions and Residential Electricity Consumption" (May 2014) Abstract Full Paper

 

WP-248: Lucas Davis and Catherine Hausman, "The Value of Transmission in Electricity Markets: Evidence from a Nuclear Power Plant Closure" (Revised May 2014) Abstract Full Paper

 

WP-247: Lucas Davis, "The Economic Cost of Global Fuel Subsidies" (December 2013) (Revised version published in American Economic Review: Papers and Proceedings, 2014, 104(5), 581-585.) Abstract Full Paper

 

WP-246: Erica Myers, "Asymmetric Information in Residential Rental Markets: Implications for the Energy Efficiency Gap" (November 2013) Abstract Full Paper

 

WP-245: Katrina Jessoe, David Rapson, and Jeremy B. Smith, “Towards Understanding the Role of Price in Residential Electricity Choices: Evidence from a Natural Experiment”  (October 2013) (Revised version forthcoming in the Journal of Economic Behavior and Organization.) Abstract Full Paper

 

WP-244R: Koichiro Ito, "Asymmetric Incentives in Subsidies:
Evidence from a Large-Scale Electricity Rebate
Program" (Revised September 2014) (Revised version forthcoming in American Economic Journal: Economic Policy) Abstract Full Paper

 

WP-243: Carl Blumstein and Margaret Taylor, "Rethinking the Energy-Efficiency Gap: Producers, Intermediaries, and Innovation" (May 2013) Abstract Full Paper

 

WP-242R: Severin Borenstein, "A Microeconomic Framework for Evaluating Energy Efficiency Rebound And Some Implications" (Revised January 2014) (Revised version forthcoming in Energy Journal) Abstract Full Paper

 

WP-241: Katrina Jessoe and David Rapson, "Knowledge is (Less) Power: Experimental Evidence from Residential Energy Use" (April 2013) (Revised version forthcoming in the American Economic Review.) Abstract Full Paper

 

WP-240: Erin Baker, Meredith Fowlie, Derek Lemoine, and Stanley S. Reynolds, "The Economics of Solar Electricity" (April 2013) (Revised version forthcoming in the Annual Review of Resource Economics 5(1).) Abstract Full Paper

 

WP-239: David Albouy, Walter Graf, Ryan Kellogg, and Hendrik Wolff, "Climate Amenities, Climate Change, and American Quality of Life" (March 2013) Abstract Full Paper

 

WP-238: Katrina Jessoe and David Rapson, "Commercial and Industrial Demand Response Under Mandatory Time-of-Use Electricity Pricing" (February 2013) Abstract Full Paper

 

WP-237: Meredith Fowlie and Nicholas Muller, "Market-based Emissions Regulation When Damages Vary Across Sources: What are the Gains from Differentiation?" (February 2013) Abstract Full Paper

 

WP-236: James Bushnell, Yihsu Chen, and Matthew Zaragoza-Watkins, "Downstream Regulation of CO2 Emissions in California's Electricity Sector" (January 2013) Abstract Full Paper

 

WP-235: Soren Anderson and Andrew Elzinga, "A Ban on One is a Boon for the Other: Strict Gasoline Content Rules and Implicit Ethanol Blending Mandates" (December 2012) Abstract Full Paper

 

WP-234: Meredith Fowlie, Mar Reguant, and Stephen P. Ryan, "Market-Based Emissions Regulation and Industry Dynamics" (December 2012) Abstract Full Paper

 

WP-233: Olivier Deschenes, Michael Greenstone, and Joseph S. Shapiro, "Defensive Investments and the Demand for Air Quality: Evidence from the NOx Budget Program and Ozone Regulation" (July 2012) Abstract Full Paper

 

WP-232: Lucas Davis, "Bonding Requirements for Natural Gas Producers" (Revised February 2014) (Revised version forthcoming in The Review of Environmental Economics and Policy.) Abstract Full Paper

 

WP-231: Severin Borenstein and Ryan Kellogg, "The Incidence of an Oil Glut: Who Benefits from Cheap Crude Oil in the Midwest?" (Revised version published in Energy Journal, January 2014, 35(1).) Abstract Full Paper

 

WP-230R: Lucas Davis, Alan Fuchs, and Paul Gertler, "Cash for Coolers: Evaluating a Large-Scale Appliance Replacement Program in Mexico" (Revised November 2013) (Revised version forthcoming in American Economic Journal: Economic Policy.) Abstract Full Paper

 

WP-229: Severin Borenstein, "Effective and Equitable Adoption of Opt-In Residential Dynamic Electricity Pricing" (April 2012) Abstract Full Paper

 

WP-228R: Hunt Allcott and Michael Greenstone, "Is There an Energy Efficiency Gap?" (Revised version published in Journal of Economic Perspectives, 26(1), Winter 2012.)

Abstract Full Paper

 

WP-227: Christopher R. Knittel, "Reducing Petroleum Consumption from Transportation" (January 2012) (Revised version published in Journal of Economic Perspectives, 26(1), Winter 2012, pp. 93-118.) Abstract Full Paper


WP-226: Catherine Wolfram, Orie Shelef, and Paul Gertler, "How Will Energy Demand Develop in the Developing World?"

(January 2012) (Revised version published in Journal of Economic Perspectives, 2691), Winter 2012, pp. 119-138.) Abstract Full Paper


WP-225: Severin Borenstein, "Regional and Income Distribution Effects of Alternative Retail Electricity Tariffs" (October 2011) Abstract Full Paper


WP-224: Paul Gertler, Orie Shelef, Catherine Wolfram, and Alan Fuchs, "Poverty, Growth and the Demand for Energy" (October 2011) Abstract Full Paper

 

WP-223R: Catherine Hausman, "Corporate Incentives and Nuclear Safety" (Revised April 2013) (Revised version forthcoming in American Economic Journal: Economic Policy) Abstract Full Paper

 

WP-222: James B. Bushnell, "Adverse Selection and Emissions Offsets" (September 2011) Abstract Full Paper

 

WP-221R: Severin Borenstein, "The Private and Public Economics of Renewable Electricity Generation" (Revised December 2011) (Revised version published in Journal of Economic Perspectives, 26, Winter 2012.) Abstract Full Paper

 

WP-220: Stephen P. Holland, Jonathan E. Hughes, Christopher R. Knittel, Nathan C. Parker, "Some Inconvenient Truths About Climate Change Policy: The Distributional Impacts of Transportation Policies" (August 2011) Abstract Full Paper

 

WP-219: Christopher R. Knittel and Ryan Sandler, "Cleaning the Bathwater with the Baby: The Health Co-Benefits of Carbon Pricing in Transportation" (August 2011) Abstract Full Paper

 

WP-218: Lucas W. Davis, "Prospects for U.S. Nuclear Power After Fukushima" (August 2011) (Revised version forthcoming in Journal of Economic Perspectives.) Abstract Full Paper

 

WP-217: Lucas W. Davis and Catherine Wolfram, "Deregulation, Consolidation, and Efficiency: Evidence from U.S. Nuclear Power" (August 2011) (Revised version published in American Economic Journal: Applied Economics, 4(4), 2012.) Abstract Full Paper

 

WP-216: Severin Borenstein, "Would Pricing Aviation GHGs Really Lower Efficiency or Profitability?: A Comment on Winchester et al, 'The Impact of Climate Policy on U.S. Aviation'" (June 2011) Abstract Full Paper

 

WP-215R: Soren T. Anderson, Ryan Kellogg, and James M. Sallee, "What Do Consumers Believe About Future Gasoline Prices?" (Revised September 2012) (Revised version forthcoming in the Journal of Environmental Economics and Management.) Abstract Full Paper

 

WP-214: Kate Whitefoot, Meredith Fowlie, and Steven Skerlos, "Product Design Responses to Industrial Policy: Evaluating Fuel Economy Standards Using an Engineering Model of Endogenous Product Design" (February 2011) Abstract Full Paper

 

WP-213: Severin Borenstein and Lucas W. Davis, "The Equity and Efficiency of Two-Part Tariffs in U.S. Natural Gas Markets" (December 2010) (Revised Version Published in Journal of Law and Economics, 55(1), 2012.) Abstract Full Paper

 

WP-212: James Sallee and Joel Slemrod, "Car Notches: Strategic Automaker Responses to Fuel Economy Policy" (Revised version published in Journal of Public Economics, 96(11-12), December 2012.) (December 2010) Abstract Full Paper

 

WP-211: Howard Chong, "Building Vintage and Electricity Use: Old Homes Use Less Electricity in Hot Weather" (November 2010) Abstract Full Paper

 

WP-210R: Koichiro Ito, "Do Consumers Respond to Marginal or Average Price? Evidence from Nonlinear Electricity Pricing" (Revised October 2012) Abstract Full Paper

 

WP-209: Matthew E. Kahn and Erin T. Mansur, "How Do Energy Prices, and Labor and Environmental Regulations Affect Local Manufacturing Employment Dynamics? A Regression Discontinuity Approach" (November 2010) (Revised version forthcoming in Journal of Public Economics.)

Abstract Full Paper

 

WP-208R: Maximilian Auffhammer and Anin Aroonruengsawat, "Simulating the Impacts of Climate Change, Prices and Population on California's Residential Electricity Consumption" (Revised May 2012 to correct an error in the previous version.) (Revised version published in Climate Change, 109(S1), 2011.)

Abstract Full Paper

 

WP-207: Meredith Fowlie, "Updating the Allocation of Greenhouse Gas Emissions Permits in a Federal Cap-and-Trade Program" (June 2010) (Revised version forthcoming in The Design and Implementation of U.S. Climate Policy, edited by Don Fullerton and Catherine Wolfram.) Abstract  Full Paper

 

WP-206: Severin Borenstein, "Markets for Anthropogenic Carbon Within the Larger Carbon Cycle" (June 2010) (Revised version forthcoming in The Design and Implementation of U.S. Climate Policy, edited by Don Fullerton and Catherine Wolfram.) Abstract  Full Paper

 

WP-205: Lucas W. Davis, "Evaluating the Slow Adoption of Energy Efficient Investments: Are Renters Less Likely to Have Energy Efficient Appliances?" (June 2010) (Revised version forthcoming in The Design and Implementation of U.S. Climate Policy, edited by Don Fullerton and Catherine Wolfram.)

Abstract  Full Paper

 

WP-204R: Severin Borenstein, "The Redistributional Impact of Non-Linear Electricity Pricing" (Revised April 2011) (Revised version published in American Economic Journal: Economic Policy, 4(3), August 2012.)

Abstract Full Paper

 

WP-203: Benjamin F. Hobbs, James Bushnell and Frank A. Wolak, "Upstream vs. Downstream CO2 Trading: A Comparison for the Electricity Context" (March 2010) (Revised version published in Energy Policy, 38(7), July 2010, pp. 3632-3643.) Abstract  Full Paper

 

WP-202R: James Bushnell, "Building Blocks: Investment in Renewable and Non-Renewable Technologies" (Revised April 2010) (Revised version published in Harnessing Renewable Energy in Electric Power Systems, Resources for the Future Press, 2010.) Abstract  Full Paper

 

WP-201R: Meghan R. Busse, Christopher R. Knittel and Florian Zettelmeyer, "Are Consumers Myopic? Evidence from New and Used Car Purchases" (December 2009) (Revised version published in The American Economic Review, 103(1), February 2013 Abstract  Full Paper

 

WP-200R: James B. Bushnell, Howard Chong and Erin T. Mansur, "Profiting from Regulation: An Event Study of the European Carbon Market" (Revised October 2011) Revised version forthcoming in Economic Journal: Economic Policy.)   Abstract  Full Paper

 

Past Working Papers:

 

WP-194: Lucas W. Davis and Erich Muehlegger, "Do Americans Consume Too Little Natural Gas? An Empirical Test of Marginal Cost Pricing" (September 2009) (Revised version published in RAND Journal of Economics, 41(4), 2010, pp. 791-810.)   Abstract  Full Paper

 

WP-193: Marc N. Conte and Matthew J. Kotchen, "Explaining the Price of Voluntary Carbon Offsets" (September 2009) (Revised version published in Climate Change Economics, 1(2), 2010, pp. 93-111.)  Abstract  Full Paper

 

WP-192: Piet Eichholtz, Nils Kok and John M. Quigley, "Doing Well by Doing Good? Green Office Buildings" (August 2009) (Revised version published in The American Economic Review, 100(6), 2010, pp. 2494-2511.)  Abstract  Full Paper

 

WP-191: James Bushnell, Benjamin F. Hobbs and Frank A. Wolak, "When it comes to Demand Response, is FERC its Own Worst Enemy?" (August 2009) (Revised version published in The Electricity Journal, November 2009.)  Abstract  Full Paper

 

WP-190: Stephen P. Holland, "Taxes and Trading versus Intensity Standards: Second-Best Environmental Policies with Incomplete Regulation (Leakage) or Market Power" (August 2009) (Revised version forthcoming in Journal of Environmental Economics and Management.)  Abstract  Full Paper

 

WP-189: Christopher R. Knittel, "The Implied Cost of Carbon Dioxide under the Cash for Clunkers Program" (August 2009)    Abstract  Full Paper

 

WP-188: Kenneth S. Corts, "Building Out Alternative Fuel Retail Infrastructure: Government Fleet Spillovers in E85" (July 2009) (Revised version published in Journal of Environmental Economics and Management, 59, 2010, pp. 219-234.)   Abstract  Full Paper

 

WP-187: Christopher R. Knittel, "Automobiles on Steroids: Product Attribute Trade-Offs and Technological Progress in the Automobile Sector" (July 2009).  (Revised version published in The American Economic Review, 101(7), December 2011, pp. 3368-3399.)  Abstract  Full Paper

 

WP-186: Meredith Fowlie, Stephen P. Holland and Erin T. Mansur, "What Do Emissions Markets Deliver and to Whom? Evidence from Southern California’s NOx Trading Program" (June 2009). (Revised version published in The American Economic Review,102(2), April 2012, pp. 1-29.)  Abstract  Full Paper

 

WP-185: Maximilian Auffhammer and Ryan Kellogg, "Clearing the Air? The Effects of Gasoline Content Regulation on Air Quality" (April 2009) (Revised version published in The American Economic Review, 101, October 2011, pp. 2687-2722.) Abstract  Full Paper

 

WP-184R: Carl Blumstein, "Program Evaluation and Incentives for Administrators of Energy-Efficiency Programs: Can Evaluation Solve the Principal/Agent Problem?" (Revised October 2010) (Revised version published in Energy Policy, 38, 2010, pp. 6232-6239.)  Abstract  Full Paper

 

WP-183: James Bushnell and Yihsu Chen, "Regulation, Allocation, and Leakage in Cap-and-Trade Markets for CO2" (March 2009)  Abstract  Full Paper

 

 

Complete list of past working papers