Browsing Working Papers by Author "Joskow, Paul L."
Now showing items 21-34 of 34
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Regulatory constraints on executive compensation
Joskow, Paul L.; Rose, Nancy L.; Shepard, Andrea (MIT Center for Energy and Environmental Policy Research, 1993)This paper explores the influence of economic regulation on the level and structure of executive compensation. We find substantial and persistent differences in CEO compensation between firms subject to economic regulation ... -
Reliability and competitive electricity markets
Joskow, Paul L.; Tirole, Jean (MIT Center for Energy and Environmental Policy Research, 2004)Despite all of the talk about ₃deregulation₄ of the electricity sector, a large number of non-market mechanisms have been imposed on emerging competitive wholesale and retail markets. These mechanisms include spot market ... -
Retail electricity competition
Joskow, Paul L.; Tirole, Jean (MIT Center for Energy and Environmental Policy Research, 2004)We analyze a number of unstudied aspects of retail electricity competition. We first explore the implications of load profiling of consumers whose traditional meters do not allow for measurement of their real time consumption, ... -
Statement of Professor Paul L. Joskow before the Committee on Governmental Affairs, United States Senate
Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2002) -
Testimony on electricity policy issues before the subcommittee on energy and power, House Committee on Energy and Commerce
Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 1991)This testimony discusses the changing structure of the electricity industry and some of the public policy issues that are associated with these changes. Professor Joskow also discusses his perspective on a selected set of ... -
Time and location differentiated NOX control in competitive electricity markets using cap-and-trade mechanisms
Martin, Katherine C.; Joskow, Paul L.; Ellerman, A. Denny (MIT Center for Energy and Environmental Policy Research, 2007)Due to variations in weather and atmospheric chemistry, the timing and location of nitrogen oxide (NOX) reductions determine their effectiveness in reducing ground-level ozone, which adversely impacts human health. Electric ... -
Transmission policy in the United States
Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2004)This paper provides an overview of the development of electric power transmission access, pricing and investment policies in the U.S. over the last 15 years and evaluates the current state of those policies. Pre-liberalization ... -
Transmission rights and market power on electric power networks
Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2000)We analyze whether and how the allocation of transmission rights associated with the use of electric power networks affects the behavior of electricity generators and electricity consumers with market power. We consider ... -
Transmission rights and market power on electric power networks. I, financial rights
Joskow, Paul L.; Tirole, Jean (MIT Center for Energy and Environmental Policy Research, 1999) -
Transmission rights and market power on electric power networks. I, physical rights
Joskow, Paul L.; Tirole, Jean (MIT Center for Energy and Environmental Policy Research, 1999) -
U.S. energy policy during the 1990s
Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2001)This essay discusses U.S. energy policy and the associated evolution of energy supply, energy demand, energy prices and the industrial organization of the domestic energy industries during the period 1991 through 2000. ... -
What does a negawatt really cost?
Joskow, Paul L.; Marron, Donald B. (MIT Center for Energy and Environmental Policy Research, 1991)We use data from ten utility conservation programs to calculate the cost per kWh of electricity saved -- the cost of a "negawatthour" -- resulting from these programs. We first compute the life-cycle cost per kWh saved ... -
What does a negawatt really cost? : further thoughts and evidence
Joskow, Paul L.; Marron, Donald B. (MIT Center for Energy and Environmental Policy Research, 1993) -
Why do we need electricity retailers?; or, can you get it cheaper wholesale?
Joskow, Paul L. (MIT Center for Energy and Environmental Policy Research, 2000)The opportunities for retail electricity competition to provide new value-added services to retail electricity consumers are discussed. The physical attributes of electricity supply make many of the traditional "convenience ...