Excess Variance in Decentralized Renewable Energy Investment, with Joe Wilske. Manuscript. forthcoming in Environmental and Energy Policy and the Economy (2026)
Impacts of the Jones Act on U.S. Petroleum Markets, with Ryan Kellogg, Journal of Law & Economics (2025)*. Manuscript. Data + Code. NBER Digest
Housing Market Capitalization of Pipeline Risk: Evidence from a Shock to Salience and Awareness, with Evan Herrnstadt, Land Economics (2024)*. Manuscript with online appendix.
Investment versus Output Subsidies: Implications of Alternative Incentives for Wind Energy, with Joe Aldy and Todd Gerarden, Journal of the Association of Environmental and Resource Economics (2023). Manuscript. Code.
Relinquishing Riches: Auctions vs Informal Negotiations in Texas Oil and Gas Leasing, with Thom Covert, American Economic Review (2023). Manuscript. Code. Microeconomic Insights summary.
Pass-Through of Own and Rival Cost Shocks: Evidence from the U.S. Fracking Boom, with Erich Muehlegger, The Review of Economics and Statistics (2022). Manuscript (contains online appendix). NBER Digest summary. Code.
The Role of Sales Agents in Information Disclosure: Evidence from a Field Experiment, with Hunt Allcott, Management Science (2017). Manuscript. Online appendix (includes simple theoretical model). Code for replication (.zip)
The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on 20 Years of Policy Innovation, with Gabe Chan, Robert Stavins and Robert Stowe, National Tax Journal (2012)
The Incidence of U.S. Climate Policy: Alternative Uses of Revenues from a Cap-and-Trade Auction, with Dallas Burtraw and Margaret Walls, National Tax Journal (2009). Manuscript
Winds of Change: Technical Progress and Learning in Wind Power, with Thom Covert. Draft, 2024.
Secrecy Rules and Exploratory Investment: Theory and Evidence from the Shale Boom, with Thom Covert. (under revision)
Environmental Regulation, Imperfect Competition and Market Spillovers: The Impact of the 1990 Clean Air Act Amendments on the US Oil Refining Industry, Draft, 2015.
Investment, Productivity, and Selection in the U.S. Shale Boom, with Thom Covert, Konan Hara, and Ryan Kellogg.
Auctions vs. Negotiations with Spillovers: Evidence from the U.S. Land Ordinance and the Shale Boom, with Thom Covert and Ryan Kellogg.
