Details about Robert S. Pindyck

Homepage:	http://web.mit.edu/rpindyck/www
Postal address:	Sloan School of Management M.I.T. 100 Main Street Cambridge, MA 02139
Workplace:	Sloan School of Management, Massachusetts Institute of Technology (MIT), (more information at EDIRC)

Access statistics for papers by Robert S. Pindyck.

Last updated 2024-11-06. Update your information in the RePEc Author Service.

Short-id: ppi130

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Working Papers

2024

1. A Supply Curve for Forest-Based CO₂ Removal
   NBER Working Papers, National Bureau of Economic Research, Inc

2022

2. Population, Productivity, and Sustainable Consumption
   NBER Working Papers, National Bureau of Economic Research, Inc
   See also Journal Article Population, Productivity, and Sustainable Consumption, American Economic Journal: Macroeconomics, American Economic Association (2024) (2024)

2020

3. COVID-19 and the Welfare Effects of Reducing Contagion
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (50)
4. Welfare Costs of Catastrophes: Lost Consumption and Lost Lives
   Working Papers, Fondazione Eni Enrico Mattei
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2019) View citations (5)
   2030 Agenda, Fondazione Eni Enrico Mattei (FEEM) (2020) View citations (2)
   LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2020)
   See also Journal Article Welfare Costs of Catastrophes: Lost Consumption and Lost Lives, The Economic Journal, Royal Economic Society (2021) View citations (1) (2021)
5. What We Know and Don't Know about Climate Change, and Implications for Policy
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
   See also Chapter What We Know and Don't Know about Climate Change, and the Implications for Policy, NBER Chapters, National Bureau of Economic Research, Inc (2020) View citations (7) (2020)
   Journal Article What We Know and Don’t Know about Climate Change, and Implications for Policy, Environmental and Energy Policy and the Economy, University of Chicago Press (2021) View citations (3) (2021)

2017

6. Averting Catastrophes that Kill
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
7. Tropical Forests, Tipping Points, and the Social Cost of Deforestation
   NBER Working Papers, National Bureau of Economic Research, Inc
   See also Journal Article Tropical Forests, Tipping Points, and the Social Cost of Deforestation, Ecological Economics, Elsevier (2018) View citations (18) (2018)

2016

8. Opportunities for advances in climate change economics
   ISU General Staff Papers, Iowa State University, Department of Economics
9. The Social Cost of Carbon Revisited
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (14)
   See also Journal Article The social cost of carbon revisited, Journal of Environmental Economics and Management, Elsevier (2019) View citations (62) (2019)

2015

10. Averting Catastrophes: The Strange Economics of Scylla and Charybdis
    CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (56)
    Also in LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library (2015) View citations (51)
    NBER Working Papers, National Bureau of Economic Research, Inc (2014) View citations (4)
    See also Journal Article Averting Catastrophes: The Strange Economics of Scylla and Charybdis, American Economic Review, American Economic Association (2015) View citations (58) (2015)
11. Pricing with Limited Knowledge of Demand
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
12. The Use and Misuse of Models for Climate Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (41)
    See also Journal Article The Use and Misuse of Models for Climate Policy, Review of Environmental Economics and Policy, Association of Environmental and Resource Economists (2017) View citations (106) (2017)

2014

13. Should Governments Use a Declining Discount Rate in Project Analysis?
    Scholarly Articles, Harvard University Department of Economics View citations (121)

2013

14. Climate Change Policy: What Do the Models Tell Us?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (465)
    See also Journal Article Climate Change Policy: What Do the Models Tell Us?, Journal of Economic Literature, American Economic Association (2013) View citations (464) (2013)
15. Determining Benefits and Costs for Future Generations
    Scholarly Articles, Harvard University Department of Economics View citations (118)
16. How Should Benefits and Costs Be Discounted in an Intergenerational Context?
    Working Paper Series, Department of Economics, University of Sussex Business School View citations (11)
17. The Simple Economics of Commodity Price Speculation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (38)
    See also Journal Article The Simple Economics of Commodity Price Speculation, American Economic Journal: Macroeconomics, American Economic Association (2016) View citations (81) (2016)

2012

18. How Should Benefits and Costs Be Discounted in an Intergenerational Context? The Views of an Expert Panel
    RFF Working Paper Series, Resources for the Future View citations (26)
19. Risk and Return in Environmental Economics
    NBER Working Papers, National Bureau of Economic Research, Inc
20. The Climate Policy Dilemma
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article The Climate Policy Dilemma, Review of Environmental Economics and Policy, Association of Environmental and Resource Economists (2013) View citations (45) (2013)

2010

21. Fat Tails, Thin Tails, and Climate Change Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (12)
    Also in Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2010)
    See also Journal Article Fat Tails, Thin Tails, and Climate Change Policy, Review of Environmental Economics and Policy, Association of Environmental and Resource Economists (2011) View citations (81) (2011)
22. Modeling the Impact of Warming in Climate Change Economics
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2010) View citations (8)
    See also Chapter Modeling the Impact of Warming in Climate Change Economics, NBER Chapters, National Bureau of Economic Research, Inc (2011) View citations (20) (2011)

2009

23. Sunk Costs and Risk-Based Barriers to Entry
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
24. The Economic and Policy Consequences of Catastrophes
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2009)
    See also Journal Article The Economic and Policy Consequences of Catastrophes, American Economic Journal: Economic Policy, American Economic Association (2013) View citations (87) (2013)
25. Uncertain Outcomes and Climate Change Policy
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (20)
    Also in Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2009)
    See also Journal Article Uncertain outcomes and climate change policy, Journal of Environmental Economics and Management, Elsevier (2012) View citations (74) (2012)

2007

26. Governance, Issuance Restrictions, And Competition In Payment Card Networks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (2)

2006

27. Uncertainty In Environmental Economics
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (9)
    Also in Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2006)

2005

28. Pricing Capital Under Mandatory Unbundling and Facilities Sharing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (30)
29. Sunk Costs and Real Options in Antitrust
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (2005) View citations (11)

2004

30. Mandatory Unbundling and Irreversible Investment in Telecom Networks
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (42)
    See also Journal Article Mandatory Unbundling and Irreversible Investment in Telecom Networks, Review of Network Economics, De Gruyter (2007) View citations (57) (2007)

2003

31. Expandability, reversibility, and optimal capacity choice
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (1)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1998) View citations (24)
32. VOLATILITY IN NATURAL GAS AND OIL MARKETS
    Working Papers, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research

2000

33. Consumption Externalities and Diffusion in Pharmaceutical Markets: Antiulcer Drugs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (8)
    See also Journal Article Consumption Externalities and Diffusion in Pharmaceutical Markets: Antiulcer Drugs, Journal of Industrial Economics, Wiley Blackwell (2003) View citations (45) (2003)

1999

34. Network Effects and Diffusion in Pharmaceutical Markets: Antiulcer Drugs
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (15)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1998) View citations (4)

1998

35. Irreversibilities and the timing of environmental policy
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (7)
    See also Journal Article Irreversibilities and the timing of environmental policy, Resource and Energy Economics, Elsevier (2000) View citations (162) (2000)
36. The long-run evolution of energy prices
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (22)
    See also Journal Article The Long-Run Evolution of Energy Prices, The Energy Journal (1999) View citations (6) (1999)

1997

37. A Markup Interpretation of Optimal Rules for Irreversible Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (7)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1997) View citations (7)

1995

38. Options, the Value of Capital, and Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (82)
    Also in Rodney L. White Center for Financial Research Working Papers, Wharton School Rodney L. White Center for Financial Research View citations (145)
    See also Journal Article Options, the Value of Capital, and Investment, The Quarterly Journal of Economics, President and Fellows of Harvard College (1996) View citations (212) (1996)
39. The new option view of investment
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (6)

1993

40. Economic Instability and Aggregate Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (207)
    Also in Policy Research Working Paper Series, The World Bank (1993) View citations (199)
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1993) View citations (203)
    See also Chapter Economic Instability and Aggregate Investment, NBER Chapters, National Bureau of Economic Research, Inc (1993) View citations (222) (1993)

1992

41. Investments of Uncertain Cost
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (62)
    See also Journal Article Investments of uncertain cost, Journal of Financial Economics, Elsevier (1993) View citations (149) (1993)
42. The Present Value Model of Rational Commodity Pricing
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (25)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1991) View citations (10)
    See also Journal Article The Present Value Model of Rational Commodity Pricing, Economic Journal, Royal Economic Society (1993) View citations (107) (1993)
43. Uncertainty, Investment, and Industry Evolution
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (77)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1992) View citations (39)
    See also Journal Article Uncertainty, Investment, and Industry Evolution, International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association (1996) View citations (141) (1996)

1990

44. Do Stock Prices Move Together Too Much?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (10)
45. Inventories and the Short-Run Dynamics of Commodity Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1990) View citations (14)
    See also Journal Article Inventories and the Short-Run Dynamics of Commodity Prices, RAND Journal of Economics, The RAND Corporation (1994) View citations (92) (1994)
46. Irreversibility, Uncertainty, and Investment
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (356)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1990) View citations (130)
    Policy Research Working Paper Series, The World Bank (1989) View citations (12)
    See also Journal Article Irreversibility, Uncertainty, and Investment, Journal of Economic Literature, American Economic Association (1991) View citations (1022) (1991)

1989

47. Investments in flexible production capacity
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (8)
    See also Journal Article Investments in flexible production capacity, Journal of Economic Dynamics and Control, Elsevier (1992) View citations (70) (1992)

1988

48. The Excess Co-Movement of Commodity Prices
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1987) View citations (2)
    See also Journal Article The Excess Co-movement of Commodity Prices, Economic Journal, Royal Economic Society (1990) View citations (407) (1990)

1987

49. The Learning Curve and Optimal Production Under Uncertainty
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1987) View citations (3)
    See also Journal Article The Learning Curve and Optimal Production under Uncertainty, RAND Journal of Economics, The RAND Corporation (1989) View citations (44) (1989)

1986

50. Capital risk and models of investment behavior
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (12)
51. Irreversible Investment, Capacity Choice and the Value of the Firm
    Foerder Institute for Economic Research Working Papers, Tel-Aviv University > Foerder Institute for Economic Research View citations (18)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1986) View citations (28)
    NBER Working Papers, National Bureau of Economic Research, Inc (1986) View citations (23)
    See also Journal Article Irreversible Investment, Capacity Choice, and the Value of the Firm, American Economic Review, American Economic Association (1988) View citations (650) (1988)
52. Risk Aversion and Determinants of Stock Market Behavior
    NBER Working Papers, National Bureau of Economic Research, Inc
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1986)
    See also Journal Article Risk Aversion and Determinants of Stock Market Behavior, The Review of Economics and Statistics, MIT Press (1988) View citations (25) (1988)

1985

53. Are Imports to Blame?: Attribution of Injury Under the 1974 Trade Act
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article Are Imports to Blame? Attribution of Injury under the 1974 Trade Act, Journal of Law and Economics, University of Chicago Press (1987) View citations (9) (1987)
54. Time to Build, Option Value, and Investment Decisions
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (106)
    See also Journal Article Time to build, option value, and investment decisions, Journal of Financial Economics, Elsevier (1987) View citations (346) (1987)

1984

55. The measurement of monopoly power in dynamic markets
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (1)
    See also Journal Article The Measurement of Monopoly Power in Dynamic Markets, Journal of Law and Economics, University of Chicago Press (1985) View citations (24) (1985)

1983

56. Risk, Inflation, and the Stock Market
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1983) View citations (23)
    See also Journal Article Risk, Inflation, and the Stock Market, American Economic Review, American Economic Association (1984) View citations (191) (1984)

1982

57. Dynamic Factor Demands Under Rational Expectations
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (4)
    Also in Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management (1982) View citations (4)

1980

58. Adjustment cost, demand uncertainty, and the behavior of the firm
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (1)
59. The optimal production of an exhaustible resource when price is exogenous and stochastic
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (4)

1975

60. Optimal stabilization policies under decentralized control and conflicting objectives
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (5)

1973

61. Alternative regulatory policies for dealing with the natural gas shortage
    Working papers, Massachusetts Institute of Technology (MIT), Sloan School of Management View citations (38)
    See also Journal Article Alternative Regulatory Policies for Dealing with the Natural Gas Shortage, Bell Journal of Economics, The RAND Corporation (1973) View citations (35) (1973)

Journal Articles

2024

1. Population, Productivity, and Sustainable Consumption
   American Economic Journal: Macroeconomics, 2024, 16, (4), 218-38
   See also Working Paper Population, Productivity, and Sustainable Consumption, NBER Working Papers (2022) (2022)

2021

2. Welfare Costs of Catastrophes: Lost Consumption and Lost Lives
   The Economic Journal, 2021, 131, (634), 946-969 View citations (1)
   See also Working Paper Welfare Costs of Catastrophes: Lost Consumption and Lost Lives, Working Papers (2020) (2020)
3. What We Know and Don’t Know about Climate Change, and Implications for Policy
   Environmental and Energy Policy and the Economy, 2021, 2, (1), 4 - 43 View citations (3)
   See also Chapter What We Know and Don't Know about Climate Change, and the Implications for Policy, NBER Chapters, 2020, 4-43 (2020) View citations (7) (2020)
   Working Paper What We Know and Don't Know about Climate Change, and Implications for Policy, NBER Working Papers (2020) View citations (7) (2020)

2019

4. Scarcity, Market Power, and Prices at Slot-constrained Airports: Evidence from Mexico City
   Journal of Transport Economics and Policy, 2019, 53, (2), 119--134
5. The social cost of carbon revisited
   Journal of Environmental Economics and Management, 2019, 94, (C), 140-160 View citations (62)
   See also Working Paper The Social Cost of Carbon Revisited, NBER Working Papers (2016) View citations (14) (2016)

2018

6. Tropical Forests, Tipping Points, and the Social Cost of Deforestation
   Ecological Economics, 2018, 153, (C), 161-171 View citations (18)
   See also Working Paper Tropical Forests, Tipping Points, and the Social Cost of Deforestation, NBER Working Papers (2017) (2017)

2017

7. Coase Lecture—Taxes, Targets and the Social Cost of Carbon
   Economica, 2017, 84, (335), 345-364 View citations (16)
8. The Use and Misuse of Models for Climate Policy
   Review of Environmental Economics and Policy, 2017, 11, (1), 100-114 View citations (106)
   See also Working Paper The Use and Misuse of Models for Climate Policy, NBER Working Papers (2015) View citations (41) (2015)

2016

9. The Simple Economics of Commodity Price Speculation
   American Economic Journal: Macroeconomics, 2016, 8, (2), 85-110 View citations (81)
   See also Working Paper The Simple Economics of Commodity Price Speculation, NBER Working Papers (2013) View citations (38) (2013)

2015

10. Averting Catastrophes: The Strange Economics of Scylla and Charybdis
    American Economic Review, 2015, 105, (10), 2947-85 View citations (58)
    See also Working Paper Averting Catastrophes: The Strange Economics of Scylla and Charybdis, CEPR Discussion Papers (2015) View citations (56) (2015)

2014

11. Editor's Choice Should Governments Use a Declining Discount Rate in Project Analysis?
    Review of Environmental Economics and Policy, 2014, 8, (2), 145-163 View citations (87)
12. Risk and Return in the Design of Environmental Policy
    Journal of the Association of Environmental and Resource Economists, 2014, 1, (3), 395 - 418 View citations (8)

2013

13. Climate Change Policy: What Do the Models Tell Us?
    Journal of Economic Literature, 2013, 51, (3), 860-72 View citations (464)
    See also Working Paper Climate Change Policy: What Do the Models Tell Us?, NBER Working Papers (2013) View citations (465) (2013)
14. The Climate Policy Dilemma
    Review of Environmental Economics and Policy, 2013, 7, (2), 219-237 View citations (45)
    See also Working Paper The Climate Policy Dilemma, NBER Working Papers (2012) View citations (3) (2012)
15. The Economic and Policy Consequences of Catastrophes
    American Economic Journal: Economic Policy, 2013, 5, (4), 306-39 View citations (87)
    See also Working Paper The Economic and Policy Consequences of Catastrophes, NBER Working Papers (2009) View citations (15) (2009)

2012

16. Uncertain outcomes and climate change policy
    Journal of Environmental Economics and Management, 2012, 63, (3), 289-303 View citations (74)
    See also Working Paper Uncertain Outcomes and Climate Change Policy, NBER Working Papers (2009) View citations (20) (2009)

2011

17. Fat Tails, Thin Tails, and Climate Change Policy
    Review of Environmental Economics and Policy, 2011, 5, (2), 258-274 View citations (81)
    See also Working Paper Fat Tails, Thin Tails, and Climate Change Policy, NBER Working Papers (2010) View citations (12) (2010)
18. Solving optimal timing problems in environmental economics
    Resource and Energy Economics, 2011, 33, (3), 761-768 View citations (32)

2007

19. Mandatory Unbundling and Irreversible Investment in Telecom Networks
    Review of Network Economics, 2007, 6, (3), 25 View citations (57)
    See also Working Paper Mandatory Unbundling and Irreversible Investment in Telecom Networks, NBER Working Papers (2004) View citations (42) (2004)

2004

20. Volatility and commodity price dynamics
    Journal of Futures Markets, 2004, 24, (11), 1029-1047 View citations (122)

2003

21. Consumption Externalities and Diffusion in Pharmaceutical Markets: Antiulcer Drugs
    Journal of Industrial Economics, 2003, 51, (2), 243-270 View citations (45)
    See also Working Paper Consumption Externalities and Diffusion in Pharmaceutical Markets: Antiulcer Drugs, NBER Working Papers (2000) View citations (8) (2000)

2002

22. Optimal timing problems in environmental economics
    Journal of Economic Dynamics and Control, 2002, 26, (9-10), 1677-1697 View citations (128)

2001

23. The Dynamics of Commodity Spot and Futures Markets: A Primer
    The Energy Journal, 2001, 22, (3), 1-29 View citations (6)
    Also in The Energy Journal, 2001, Volume22, (Number 3), 1-30 (2001) View citations (274)

2000

24. Irreversibilities and the timing of environmental policy
    Resource and Energy Economics, 2000, 22, (3), 233-259 View citations (162)
    See also Working Paper Irreversibilities and the timing of environmental policy, Working papers (1998) View citations (7) (1998)

1999

25. A Markup Interpretation of Optimal Investment Rules
    Economic Journal, 1999, 109, (455), 179-89 View citations (45)
26. The Long-Run Evolution of Energy Prices
    The Energy Journal, 1999, 20, (2), 1-27 View citations (6)
    Also in The Energy Journal, 1999, Volume20, (Number 2), 1-27 (1999) View citations (220)
    See also Working Paper The long-run evolution of energy prices, Working papers (1998) View citations (22) (1998)

1996

27. Investment under uncertainty: Avinash K Dixit and Robert S Pindyck Princeton University Press, Princeton, NJ, 1994, xiv + 468 pp (hardcover), ISBN 0-691-03410-9
    Resources Policy, 1996, 22, (3), 218-218 View citations (5)
28. Options, the Value of Capital, and Investment
    The Quarterly Journal of Economics, 1996, 111, (3), 753-777 View citations (212)
    See also Working Paper Options, the Value of Capital, and Investment, NBER Working Papers (1995) View citations (82) (1995)
29. Uncertainty, Investment, and Industry Evolution
    International Economic Review, 1996, 37, (3), 641-62 View citations (141)
    See also Working Paper Uncertainty, Investment, and Industry Evolution, NBER Working Papers (1992) View citations (77) (1992)

1994

30. Inventories and the Short-Run Dynamics of Commodity Prices
    RAND Journal of Economics, 1994, 25, (1), 141-159 View citations (92)
    See also Working Paper Inventories and the Short-Run Dynamics of Commodity Prices, NBER Working Papers (1990) View citations (18) (1990)
31. Valuing flexibility in utility planning
    The Electricity Journal, 1994, 7, (2), 60-65 View citations (14)

1993

32. A Note on Competitive Investment under Uncertainty
    American Economic Review, 1993, 83, (1), 273-77 View citations (138)
33. Investments of uncertain cost
    Journal of Financial Economics, 1993, 34, (1), 53-76 View citations (149)
    See also Working Paper Investments of Uncertain Cost, NBER Working Papers (1992) View citations (62) (1992)
34. The Comovement of Stock Prices
    The Quarterly Journal of Economics, 1993, 108, (4), 1073-1104 View citations (89)
35. The Present Value Model of Rational Commodity Pricing
    Economic Journal, 1993, 103, (418), 511-30 View citations (107)
    See also Working Paper The Present Value Model of Rational Commodity Pricing, NBER Working Papers (1992) View citations (25) (1992)

1992

36. Investments in flexible production capacity
    Journal of Economic Dynamics and Control, 1992, 16, (3-4), 575-599 View citations (70)
    See also Working Paper Investments in flexible production capacity, Working papers (1989) View citations (8) (1989)

1991

37. Irreversibility, Uncertainty, and Investment
    Journal of Economic Literature, 1991, 29, (3), 1110-48 View citations (1022)
    See also Working Paper Irreversibility, Uncertainty, and Investment, NBER Working Papers (1990) View citations (356) (1990)

1990

38. The Excess Co-movement of Commodity Prices
    Economic Journal, 1990, 100, (403), 1173-89 View citations (407)
    See also Working Paper The Excess Co-Movement of Commodity Prices, NBER Working Papers (1988) View citations (18) (1988)

1989

39. The Learning Curve and Optimal Production under Uncertainty
    RAND Journal of Economics, 1989, 20, (3), 331-343 View citations (44)
    See also Working Paper The Learning Curve and Optimal Production Under Uncertainty, NBER Working Papers (1987) View citations (3) (1987)

1988

40. Irreversible Investment, Capacity Choice, and the Value of the Firm
    American Economic Review, 1988, 78, (5), 969-85 View citations (650)
    See also Working Paper Irreversible Investment, Capacity Choice and the Value of the Firm, Foerder Institute for Economic Research Working Papers (1986) View citations (18) (1986)
41. Risk Aversion and Determinants of Stock Market Behavior
    The Review of Economics and Statistics, 1988, 70, (2), 183-90 View citations (25)
    See also Working Paper Risk Aversion and Determinants of Stock Market Behavior, NBER Working Papers (1986) (1986)

1987

42. Are Imports to Blame? Attribution of Injury under the 1974 Trade Act
    Journal of Law and Economics, 1987, 30, (1), 101-22 View citations (9)
    See also Working Paper Are Imports to Blame?: Attribution of Injury Under the 1974 Trade Act, NBER Working Papers (1985) (1985)
43. On monopoly power in extractive resource markets
    Journal of Environmental Economics and Management, 1987, 14, (2), 128-142 View citations (15)
44. Time to build, option value, and investment decisions
    Journal of Financial Economics, 1987, 18, (1), 7-27 View citations (346)
    See also Working Paper Time to Build, Option Value, and Investment Decisions, NBER Working Papers (1985) View citations (106) (1985)

1985

45. The Measurement of Monopoly Power in Dynamic Markets
    Journal of Law and Economics, 1985, 28, (1), 193-222 View citations (24)
    See also Working Paper The measurement of monopoly power in dynamic markets, Working papers (1984) View citations (1) (1984)

1984

46. Risk, Inflation, and the Stock Market
    American Economic Review, 1984, 74, (3), 335-51 View citations (191)
    See also Working Paper Risk, Inflation, and the Stock Market, NBER Working Papers (1983) View citations (4) (1983)
47. Uncertainty in the Theory of Renewable Resource Markets
    The Review of Economic Studies, 1984, 51, (2), 289-303 View citations (105)

1983

48. Dynamic Factor Demands and the Effects of Energy Price Shocks
    American Economic Review, 1983, 73, (5), 1066-79 View citations (177)
49. Liquidity, credit creation and international banking: An econometric investigation: by George McKenzie and Stephen Thomas
    Journal of Banking & Finance, 1983, 7, (4), 481-482

1982

50. Adjustment Costs, Uncertainty, and the Behavior of the Firm
    American Economic Review, 1982, 72, (3), 415-27 View citations (66)
51. Jointly produced exhaustible resources
    Journal of Environmental Economics and Management, 1982, 9, (4), 291-303 View citations (18)
52. The optimal phasing of phased deregulation
    Journal of Economic Dynamics and Control, 1982, 4, (1), 281-294 View citations (7)

1981

53. Models of resource markets and the explanation of resource price behaviour
    Energy Economics, 1981, 3, (3), 130-139 View citations (11)
54. The Pricing of Durable Exhaustible Resources
    The Quarterly Journal of Economics, 1981, 96, (3), 365-377 View citations (26)

1980

55. Energy Price Increases and Macroeconomic Policy
    The Energy Journal, 1980, Volume 1, (Number 4), 1-20 View citations (18)
    Also in The Energy Journal, 1980, 1, (4), 1-20 (1980)
56. International comparisons of the residential demand for energy
    European Economic Review, 1980, 13, (1), 1-24 View citations (6)
57. Uncertainty and Exhaustible Resource Markets
    Journal of Political Economy, 1980, 88, (6), 1203-25 View citations (156)

1979

58. Interfuel Substitution and the Industrial Demand for Energy: An International Comparison
    The Review of Economics and Statistics, 1979, 61, (2), 169-79 View citations (207)
59. The Cartelization of World Commodity Markets
    American Economic Review, 1979, 69, (2), 154-58 View citations (15)

1978

60. Gains to Producers from the Cartelization of Exhaustible Resources
    The Review of Economics and Statistics, 1978, 60, (2), 238-51 View citations (87)
61. The Optimal Exploration and Production of Nonrenewable Resources
    Journal of Political Economy, 1978, 86, (5), 841-61 View citations (245)

1977

62. Cartel Pricing and the Structure of the World Bauxite Market
    Bell Journal of Economics, 1977, 8, (2), 343-360 View citations (12)

1976

63. Instruments, Intermediate Targets, and Monetary Controllability
    International Economic Review, 1976, 17, (3), 627-50 View citations (1)
64. Pricing policies for a two-part exhaustible resource cartel: The case of OPEC
    European Economic Review, 1976, 8, (2), 139-154 View citations (38)
65. Should the Federal Government Enter the Oil Business?
    Challenge, 1976, 19, (2), 48-51

1975

66. An optimal control model for multisectoral investment planning in Tunisia
    Journal of Development Economics, 1975, 2, (2), 99-119

1974

67. The Regulatory Implications of Three Alternative Econometric Supply Models of Natural Gas
    Bell Journal of Economics, 1974, 5, (2), 633-645 View citations (13)

1973

68. Alternative Regulatory Policies for Dealing with the Natural Gas Shortage
    Bell Journal of Economics, 1973, 4, (2), 454-498 View citations (35)
    See also Working Paper Alternative regulatory policies for dealing with the natural gas shortage, Working papers (1973) View citations (38) (1973)
69. Optimal Policies for Economic Stabilization
    Econometrica, 1973, 41, (3), 529-60 View citations (19)

Books

1994

1. Investment under Uncertainty
   Economics Books, Princeton University Press View citations (4995)

1979

2. The Structure of World Energy Demand, vol 1
   MIT Press Books, The MIT Press View citations (120)

1975

3. Price Controls and the Natural Gas Shortage
   Books, American Enterprise Institute View citations (3)

Edited books

2005

1. Income Elasticity and Economic Development
   Advanced Studies in Theoretical and Applied Econometrics, Springer View citations (2)

Chapters

2020

1. What We Know and Don't Know about Climate Change, and the Implications for Policy
   A chapter in Environmental and Energy Policy and the Economy, volume 2, 2020, pp 4-43 View citations (7)
   See also Journal Article What We Know and Don’t Know about Climate Change, and Implications for Policy, University of Chicago Press (2021) View citations (3) (2021)
   Working Paper What We Know and Don't Know about Climate Change, and Implications for Policy, National Bureau of Economic Research, Inc (2020) View citations (7) (2020)

2011

2. Modeling the Impact of Warming in Climate Change Economics
   A chapter in The Economics of Climate Change: Adaptations Past and Present, 2011, pp 47-71 View citations (20)
   See also Working Paper Modeling the Impact of Warming in Climate Change Economics, Massachusetts Institute of Technology, Center for Energy and Environmental Policy Research (2010) (2010)

1993

3. Economic Instability and Aggregate Investment
   A chapter in NBER Macroeconomics Annual 1993, Volume 8, 1993, pp 259-318 View citations (222)
   See also Working Paper Economic Instability and Aggregate Investment, National Bureau of Economic Research, Inc (1993) View citations (207) (1993)

1976

4. The Cost of Conflicting Objectives in Policy Formulation
   A chapter in Annals of Economic and Social Measurement, Volume 5, number 2, 1976, pp 239-248 View citations (9)

1974

5. Optimal Policies for Monetary Control
   A chapter in Annals of Economic and Social Measurement, Volume 3, number 1, 1974, pp 207-237 View citations (6)

1973

6. A Generalized Approach to Estimation as Implemented in the Troll/I System
   A chapter in Annals of Economic and Social Measurement, Volume 2, number 1, 1973, pp 29-51 View citations (1)

1972

7. Optimal Stabilization Policies via Deterministic Control
   A chapter in Annals of Economic and Social Measurement, Volume 1, number 4, 1972, pp 385-390 View citations (3)