Details about Paul Joskow

E-mail:
Homepage:	http://web.mit.edu/pjoskow/www/
Phone:	617-253-6664
Postal address:	Department of Economics MIT E52-271D 50 Memorial Drive Cambridge, MA 02142
Workplace:	Economics Department, Massachusetts Institute of Technology (MIT), (more information at EDIRC)

Access statistics for papers by Paul Joskow.

Last updated 2009-11-04. Update your information in the RePEc Author Service.

Short-id: pjo110

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Working Papers

2009

1. Challenges for Creating a Comprehensive National Electricity Policy
   RSCAS Working Papers, European University Institute
   Also in Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2008)

2007

2. Regulating Carbon Dioxide Capture and Storage
   Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research
3. Reliability and Competitive Electricity Markets
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
   Also in IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse (2004) View citations
   Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2004) View citations
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2004) View citations
   NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations
4. Time and Location Differentiated NOX Control in Competitive Electricity Markets Using Cap-and-Trade Mechanisms
   Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research

2006

5. COMPETITIVE ELECTRICITY MARKETS AND INVESTMENT IN NEW GENERATING CAPACITY
   Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research View citations
6. Incentive Regulation in Theory and Practice: Electricity Distribution and Transmission Networks
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations
   Also in Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2005) View citations
7. The Future of Nuclear Power in the United States: Economic and Regulatory Challenges
   Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research View citations

2005

8. MARKETS FOR POWER IN THE UNITED STATES - AN INTERIM ASSESSMENT
   Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research View citations
   See also Journal Article in The Energy Journal (2006)
9. Patterns of Transmission Investment
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations
   Also in Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2005) View citations
10. Regulation of Natural Monopolies
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research View citations

2004

11. Merchant Transmission Investment
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
    Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2003) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2003) View citations
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2003) View citations
    See also Journal Article in Journal of Industrial Economics (2005)
12. Retail Electricity Competition
    IDEI Working Papers, Institut d'Économie Industrielle (IDEI), Toulouse View citations
    Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2004) View citations
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2004) View citations
    NBER Working Papers, National Bureau of Economic Research, Inc (2004) View citations
13. Transmission Policy in the United States
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations
    Also in Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2004) View citations
    See also Journal Article in Utilities Policy (2005)

2003

14. Comments on FERC's Standard Market Design Proposals
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research
15. Electricity Sector Restructuring And Competition - Lessons Learned
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research View citations
    See also Journal Article in Cuadernos de Economía (Latin American Journal of Economics) (2003)
16. Energy Policies and Their Consequences After 25 Years
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research
    See also Journal Article in The Energy Journal (2003)
17. The Difficult Transition to Competitive Electricity Markets in the U.S
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research View citations
    Also in Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge (2003) View citations

2002

18. A Quantitative Analysis of Pricing Behavior In California’s Wholesale Electricity Market During Summer 2000
    Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge View citations
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2001) View citations
    See also Journal Article in The Energy Journal (2002)

2001

19. California's Electricity Crisis
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in Oxford Review of Economic Policy (2001)
20. U.S. Energy Policy During the 1990s
    NBER Working Papers, National Bureau of Economic Research, Inc

1999

21. Transmission Rights and Market Power on Electric Power Networks I: Financial Rights
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations
22. Transmission Rights and Market Power on Electric Power Networks. II: Physical Rights
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations

1996

23. Auction Design and the Market for Sulfur Dioxide Emissions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations

1994

24. CEO Pay and Firm Performance: Dynamics, Asymmetries, and Alternative Performance Measures
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
25. Political Constraints on Executive Compensation: Evidence from the Electric Utility Industry
    NBER Working Papers, National Bureau of Economic Research, Inc View citations
    See also Journal Article in RAND Journal of Economics (1996)

1993

26. Regulatory constraints on executive compensation
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations

1991

27. What does a Negawatt Really Cost?
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations

1989

28. REGULATORY FAILURE, REGULATORY REFORM AND STRUCTURAL CHANGE IN THE ELECTRIC POWER INDUSTRY
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
29. THE PERFORMANCE OF LONG TERM CONTRACTS: FURTHER EVIDENCE FROM COAL MARKET
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in RAND Journal of Economics (1990)

1988

30. The Diffusion of New Technologies: Evidence From the Electric Utility Industry
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Working papers, Massachusetts Institute of Technology (MIT), Department of Economics (1988)
    See also Journal Article in RAND Journal of Economics (1990)

1987

31. Price Adjustment in Long Term Contracts: The Case of Coal
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Journal Article in Journal of Law & Economics (1988)
32. The Effects of Economic Regulation
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Chapter (1989)

1985

33. The Performance of Coal-Burning Electric Generating Units in the United States: 1960-1980
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Journal Article in Journal of Applied Econometrics (1987)

1984

34. Estimated parameters as independent variables: with an application to the costs of electric generating units
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management
35. The Effects of Technical Change, Experience and Environmental Regulation on the Construction Cost of Coal-Burning Generating Units
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
36. Vertical Integration and Long Term Contracts: The Case of Coal Burning Electric Generating Plants
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Journal Article in Journal of Law, Economics and Organization (1985)

1979

37. Siting Nuclear Power Plants
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
38. The Effects of Competition and Regulation on Hospital Bed Supply and the Reservation Quality of the Hospital
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in Bell Journal of Economics (1980)

1978

39. Regulation in Theory and Practice: An Overview
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    Also in Working Papers, California Institute of Technology, Division of the Humanities and Social Sciences
    See also Chapter (1981)

1977

40. The Effects of Learning by Doing on Nuclear Plant Operating Reliability
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in The Review of Economics and Statistics (1979)

1976

41. Commercial Impossibility, the Uranium Market, and the Westinghouse Case
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
42. Regulatory Activities by Government Agencies
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics

1975

43. The Future of the U. S. Nuclear Energy Industry
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics
    See also Journal Article in Bell Journal of Economics (1976)

1974

44. Electric Utility Fuel Choice Behavior in the United States
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Journal Article in International Economic Review (1977)
45. Inflation and Environmental Concern: Structural Change in the Process of Public Utility Price Regulation
    Working papers, Massachusetts Institute of Technology (MIT), Department of Economics View citations
    See also Journal Article in Journal of Law & Economics (1974)

Journal Articles

2008

1. Capacity payments in imperfect electricity markets: Need and design
   Utilities Policy, 2008, 16, (3), 159-170
2. Incentive Regulation and Its Application to Electricity Networks
   Review of Network Economics, 2008, 7, (4), 547-560
3. Lessons Learned from Electricity Market Liberalization
   The Energy Journal, 2008, 29, (Special Issue #2), 9-42

2006

4. Incentive Regulation for Electricity Networks
   CESifo DICE Report, 2006, 4, (2), 3-9 View citations
5. Markets for Power in the United States: An Interim Assessment
   The Energy Journal, 2006, 27, (1), 1-36 View citations
   See also Working Paper (2005)

2005

6. MERCHANT TRANSMISSION INVESTMENT
   Journal of Industrial Economics, 2005, 53, (2), 233-264
   See also Working Paper (2004)
7. Regulation and Deregulation after 25 Years: Lessons Learned for Research in Industrial Organization
   Review of Industrial Organization, 2005, 26, (2), 169-193 View citations
8. Transmission policy in the United States
   Utilities Policy, 2005, 13, (2), 95-115 View citations
   See also Working Paper (2004)

2003

9. Electricity Sector Restructuring and Competition: Lessons Learned
   Cuadernos de Economía (Latin American Journal of Economics), 2003, 40, (121), 548-558 View citations
   See also Working Paper (2003)
10. Energy Policies and Their Consequences After 25 Years
    The Energy Journal, 2003, 24, (4), 17-50
    See also Working Paper (2003)

2002

11. A Quantitative Analysis of Pricing Behavior in California's Wholesale Electricity Market During Summer 2000
    The Energy Journal, 2002, 23, (4), 1-36 View citations
    See also Working Paper (2002)
12. Transaction Cost Economics, Antitrust Rules, and Remedies
    Journal of Law, Economics and Organization, 2002, 18, (1), 95-116 View citations

2001

13. California's Electricity Crisis
    Oxford Review of Economic Policy, 2001, 17, (3), 365-388 View citations
    See also Working Paper (2001)

1998

14. Electricity Sectors in Transition
    The Energy Journal, 1998, 19, (2), 25-52
15. The Market for Sulfur Dioxide Emissions
    American Economic Review, 1998, 88, (4), 669-85 View citations
16. The Political Economy of Market-Based Environmental Policy: The U.S. Acid Rain Program
    Journal of Law & Economics, 1998, 41, (1), 37-83 View citations

1997

17. Restructuring, Competition and Regulatory Reform in the U.S. Electricity Sector
    Journal of Economic Perspectives, 1997, 11, (3), 119-38 View citations

1996

18. Does stranded cost recovery distort competition?
    The Electricity Journal, 1996, 9, (3), 31-45 View citations
19. How will it all end? the electric utility industry in 2005
    The Electricity Journal, 1996, 9, (1), 67-73
20. Introducing Competition into Regulated Network Industries: From Hierarchies to Markets in Electricity
    Industrial and Corporate Change, 1996, 5, (2), 341-82 View citations
21. Paul Joskow Responds
    The Electricity Journal, 1996, 9, (6), 3-3
22. Political Constraints on Executive Compensation: Evidence from the Electric Utility Industry
    RAND Journal of Economics, 1996, 27, (1), 165-182 View citations
    See also Working Paper (1994)

1994

23. More from the guru of energy efficiency: [`]There must be a pony!'
    The Electricity Journal, 1994, 7, (4), 50-61

1993

24. Electricity agenda items for the new FERC
    The Electricity Journal, 1993, 6, (5), 18-28
25. What does a negawatt really cost? Further thoughts and evidence
    The Electricity Journal, 1993, 6, (6), 14-26

1992

26. Weighing environmental externalities: Let's do it right!
    The Electricity Journal, 1992, 5, (4), 53-67 View citations
27. What Does a Negawatt Really Cost? Evidence from Utility Conservation Programs
    The Energy Journal, 1992, 13, (4), 41-74 View citations

1991

28. McCarran-Ferguson Act Reform: More Competition or More Regulation?
    Journal of Risk and Uncertainty, 1991, 4, (4), 373-401 View citations
29. The Role of Transaction Cost Economics in Antitrust and Public Utility Regulatory Policies
    Journal of Law, Economics and Organization, 1991, 7, 53-83 View citations

1990

30. The Diffusion of New Technologies: Evidence from the Electric Utility Industry
    RAND Journal of Economics, 1990, 21, (3), 354-373 View citations
    See also Working Paper (1988)
31. The Performance of Long-Term Contracts: Further Evidence from Coal Markets
    RAND Journal of Economics, 1990, 21, (2), 251-274 View citations
    See also Working Paper (1989)

1988

32. Asset Specificity and the Structure of Vertical Relationships: Empirical Evidence
    Journal of Law, Economics and Organization, 1988, 4, (1), 95-117 View citations
33. FERC should not include demand-side bidding in its rules
    The Electricity Journal, 1988, 1, (2), 36-38
34. Price Adjustment in Long-term Contracts: The Case of Coal
    Journal of Law & Economics, 1988, 31, (1), 47-83 View citations
    See also Working Paper (1987)

1987

35. Contract Duration and Relationship-Specific Investments: Empirical Evidence from Coal Markets
    American Economic Review, 1987, 77, (1), 168-85 View citations
36. Productivity Growth and Technical Change in the Generation of Electricity
    The Energy Journal, 1987, 8, (1), 17-38 View citations
37. The Performance of Coal-Burning Electric Generating Units in the United States: 1960-1980
    Journal of Applied Econometrics, 1987, 2, (2), 85-109
    See also Working Paper (1985)

1986

38. Estimated parameters as independent variables: An application to the costs of electric generating units
    Journal of Econometrics, 1986, 31, (3), 275-305 View citations

1985

39. The Effects of Technological Change, Experience, and Environmental Regulation on the Construction Cost of Coal-Burning Generating Units
    RAND Journal of Economics, 1985, 16, (1), 1-17 View citations
40. The stochastic determinants of hospital-bed supply: Reply
    Journal of Health Economics, 1985, 4, (2), 183-185
41. Vertical Integration and Long-term Contracts: The Case of Coal-burning Electric Generating Plants
    Journal of Law, Economics and Organization, 1985, 1, (1), 33-80 View citations
    See also Working Paper (1984)

1983

42. Reimbursement policy, cost containment and non-price competition
    Journal of Health Economics, 1983, 2, (2), 167-174 View citations
43. The Simple Economics of Industrial Cogeneration
    The Energy Journal, 1983, 4, (1), 1-22 View citations

1982

44. Evaluating the Costs and Benefits of Appliance Efficiency Standards
    American Economic Review, 1982, 72, (2), 220-25 View citations

1981

45. The Effects of FTC Advertising Regulation: Comment
    Journal of Law & Economics, 1981, 24, (3), 449-55

1980

46. America's Many Energy Futures - A Review of Energy Future, Energy: The Next Twenty Years, and Energy in America's Future
    Bell Journal of Economics, 1980, 11, (1), 377-398
47. The Effects of Competition and Regulation on Hospital Bed Supply and the Reservation Quality of the Hospital
    Bell Journal of Economics, 1980, 11, (2), 421-447 View citations
    See also Working Paper (1979)

1979

48. The Effects of Learning by Doing on Nuclear Plant Operating Reliability
    The Review of Economics and Statistics, 1979, 61, (2), 161-68 View citations
    See also Working Paper (1977)

1977

49. Electric Utility Fuel Choice Behavior in the United States
    International Economic Review, 1977, 18, (3), 719-36
    See also Working Paper (1974)

1976

50. Contributions to the Theory of Marginal Cost Pricing
    Bell Journal of Economics, 1976, 7, (1), 197-206 View citations
51. The Future of the U.S. Nuclear Energy Industry
    Bell Journal of Economics, 1976, 7, (1), 3-32
    See also Working Paper (1975)

1975

52. Firm Decision-making Processes and Oligopoly Theory
    American Economic Review, 1975, 65, (2), 270-79 View citations

1974

53. Approving Nuclear Power Plants: Scientific Decisionmaking or Administrative Charade?
    Bell Journal of Economics, 1974, 5, (1), 320-332
54. Inflation and Environmental Concern: Structural Change in the Process of Public Utility Price Regulation
    Journal of Law & Economics, 1974, 17, (2), 291-327 View citations
    See also Working Paper (1974)

1973

55. Cartels, Competition and Regulation in the Property-Liability Insurance Industry
    Bell Journal of Economics, 1973, 4, (2), 375-427 View citations
56. Pricing Decisions of Regulated Firms: A Behavioral Approach
    Bell Journal of Economics, 1973, 4, (1), 118-140 View citations
57. The Fogel-Engerman Iron Model: A Clarifying Note
    Journal of Political Economy, 1973, 81, (5), 1236-40

1972

58. The Determination of the Allowed Rate of Return in a Formal Regulatory Hearing
    Bell Journal of Economics, 1972, 3, (2), 632-644 View citations

Books

1988

1. Markets for Power: An Analysis of Electrical Utility Deregulation, vol 1
   MIT Press Books, The MIT Press View citations

Chapters

2007

1. Regulation of Natural Monopoly
   Elsevier

1994

2. Economic Regulation
   A chapter in American Economic Policy in the 1980s, 1994, pp 367-452

1989

3. The effects of economic regulation
   Chapter 25 in Handbook of Industrial Organization, 1989, vol. 2, pp 1449-1506 View citations
   See also Working Paper (1987)

1981

4. Regulation in Theory and Practice: An Overview
   A chapter in Studies in Public Regulation, 1981, pp 1-78 View citations
   See also Working Paper (1978)