Working Papers

• The Use and Misuse of Average and Marginal Energy Prices: Implications for Climate Policy. (with Jonathan T. Hawkins-Pierot). Conditionally Accepted at NBER Environmental and Energy Policy and the Economy.

Published and Forthcoming Papers

• Technology Lock-In and Costs of Delayed Climate Policy. (with Jonathan T. Hawkins-Pierot) Forthcoming at Journal of Political Economy Microeconomics.


• New Frontiers in Research on Industrial Decarbonization. (with Kenneth T. Gillingham, Lint Barrage, Sarah Armitage, Dallas Burtraw, Jonathan Colmer, Laure de Preux, Jonathan Hawkins-Pierot, Charles Holt, Valerie J. Karplus, Åsa Löfgren, Ralf Martin, Nathan Miller, Mirabelle Muûls, Matthew Osborne, Edson Severnini, William Shobe, Gretchen Sileo, Vladimir Smirnyagin, Thomas Stoerk, Aleh Tsyvinski, Ulrich J. Wagner, and Xi Wu) 2025. Science, 360(6771): 338-340.


• Fifty Years of U.S. Natural Disaster Insurance Policy. (with Kendra Marcoux) 2024. Handbook of Insurance, Vol. I: 55-79. Ed. Georges Dionne. Springer Nature.


• Crowding In with Impure Altruism: Theory and Evidence from Volunteerism in National Parks. (with Matthew J. Kotchen) 2023. Journal of Public Economics, 222: 104879.


• Efficient Adaptation to Flood Risk. (with Winston P. Hovekamp) 2023. AEA Papers and Proceedings, 113: 304-309.


• Designing Insurance for Climate Change. 2022. Nature Climate Change, 12(12): 1070-1072.


• Adaptation and Adverse Selection in Markets for Natural Disaster Insurance. 2022. American Economic Journal: Economic Policy, 14(3): 380–421.


• Environmental Preferences and Consumer Behavior. 2016. Economics Letters, 146: 1-4.

Selected Work in Progress

• Are We Consuming Too Much Groundwater? (with Brian Greaney and Joseph S. Shapiro)


• Climate Risk and Insurance Market Unraveling (with Winston P. Hovekamp)