Christopher Roland Knittel

University of California, Davis

Department of Economics

One Shields Ave

Davis, CA 95616

 

Office: 530.302.1032

Fax: 530.752.9382

crknittel@ucdavis.edu

http://www.econ.ucdavis.edu/faculty/knittel


 

Current Appointments:      

2006-present, Associate Professor of Economics, University of California, Davis

2007-present, Research Associate, National Bureau of Economic Research. Groups: Environmental Economics and Energy, Industrial Organization, and Productivity

2003-present, Visiting Research Fellow, University of California Energy Institute

2005-present, Faculty Affiliate, Institute of Transportation Studies, UC Davis

2006-present, Strategy and Policy Thread Leader for STEPS

2006-present, Associate Editor, The Journal of Industrial Economics

2007-present, Associate Editor, American Economic Journal – Economic Policy

2007-present, Associate Editor, The Journal of Energy Markets

Previous Appointments:     

2002-2006, Assistant Professor of Economics, University of California, Davis

2004-2007, Faculty Research Fellow, National Bureau of Economic Research. Groups: Environmental Economics and Energy, Industrial Organization, and Productivity

1999-2002, Assistant Professor of Finance and Economics, School of Management, Boston University

1996-1999, Research Assistant, University of California Energy Institute

1994-1996, Teaching Assistant, University of California, Davis

Education:          

Ph.D., University of California, Berkeley, 1999 (Economics)

M.A., University of California, Davis, 1996 (Economics)

B.A., California State University, Stanislaus, summa cum laude, 1994 (Economics and Political Science)

Publications:

§  Holland, Stephen P., Jonathan E. Hughes and Christopher R. Knittel. “Greenhouse Gas Reductions under Low Carbon Fuel Standards?,” forthcoming in The American Economic Journal – Economic Policy.

§  Knittel, Christopher R. and Victor Stango. “How Does Incompatibility Affect Prices?: Evidence from ATMs,” forthcoming in The Journal of Industrial Economics.

§  Borenstein, Severin, James Bushnell, Christopher R. Knittel and Catherine Wolfram. “Trading Inefficiencies in California's Electricity Markets,” The Journal of Industrial Economics, LVI(2), June 2008, pp. 347-378.

§  Feenstra, Robert and Christopher R. Knittel. “Re-Assessing the Quality Adjustment to Computer Prices: Do U.S. Procedures Overstate the Gains?,” forthcoming Price Index Concepts and Measurement, NBER and the Chicago Press.

§  Knittel, Christopher R. and Konstantinos Metaxoglou. “Diagnosing Unilateral Market Power in Electricity Reserves Market,” The Journal of Energy Markets, 1(1), Spring 2008.

§  Knittel, Christopher R. and Victor Stango. “Incompatibility, Product Attributes and Consumer Welfare: Evidence from ATMs,” The BE Journal of Economic Analysis & Policy, Advances, 8(1), January 2008. Available at: http://www.bepress.com/bejeap/vol8/iss1/art1.

§  Hughes, Jonathan E., Christopher R. Knittel and Daniel Sperling. “Evidence of a Shift in the Short-Run Price Elasticity of Gasoline.” The Energy Journal, 29(1), January 2008.

§  Heisler, Jeffrey, Christopher R. Knittel, John J. Neumann and Scott Stewart. “Why Do Institutional Plan Sponsors Hire and Fire their Investment Managers?” Best Paper Award for the 31st NBEA Conference. The Journal of Business and Economics Studies, 13(1), Spring 2007, pp. 88-116.

§  Kim, Dae-Wook and Christopher R. Knittel “Biases in Static Oligopoly Models? Evidence from the California Electricity Market,” The Journal of Industrial Economics, LIV(4), December 2006, pp. 451-470.

§  Knittel, Christopher R. “The Adoption of State Electricity Regulation: The Role of Interest Groups,” The Journal of Industrial Economics, LIV(2), June 2006.

§  Knittel, Christopher R. and Michael R. Roberts. “Financial Models of Deregulated Electricity Prices: An Application to the California Market,” Energy Economics, 27(5), September 2005, pp. 791-817.

§  Knittel, Christopher R. “Regulatory Restructuring and Incumbent Price Dynamics: The Case of Local Telephone Markets,” Review of Economics and Statistics, 86(2), May 2004, pp. 614-625.

§  Knittel, Christopher R. and Victor Stango. “Price Ceilings as Focal Points for Tacit Collusion: Evidence from the Credit Card Market,” The American Economic Review, 93(5), December 2003, pp. 1703-1729.

§  Knittel, Christopher R. “Market Structure and the Pricing of Electricity and Natural Gas,” The Journal of Industrial Economics, LI(2), June 2003, pp. 167-191.

§  Knittel, Christopher R. “Alternative Regulatory Methods and Firm Efficiency: Stochastic Frontier Evidence the US Electricity Industry,” Review of Economics and Statistics, 84(3), August 2002, pp. 530-540.

§  Borenstein, Severin, James Bushnell, and Christopher R. Knittel. “Market Power in Electricity Markets: Beyond Concentration Measures,” The Energy Journal, 20(4), October 1999, pp. 65-88.

§  Knittel, Christopher R. “Long Distance Rates: Search Costs, Switching Costs, and Market Power,” Review of Industrial Organization, 12(4), August 1997, pp. 519-536.

Working Papers:

§  Knittel, Christopher R. and Jason J. Lepore. “Tacit Collusion in the Presence of Cyclical Demand and Endogenous Capacity Levels.” Revised and resubmitted to The International Journal of Industrial Organization.

§  Knittel, Christopher R. and Victor Stango. “Strategic Incompatibility in ATMs.” Revisions requested from The International Journal of Industrial Organization.

§  Knittel, Christopher R. and Konstantinos Metaxoglou. “Estimation of Random Coefficient Demand Models: Challenges, Difficulties and Warnings”

§  Fowlie, Meredith, Christopher R. Knittel and Catherine Wolfram. “Sacred Cars: Optimal Regulation of Stationary and Non-stationary Pollution Sources.”

§  Knittel, Christopher R. and Victor Stango. “The Productivity Benefits of IT Outsourcing”

§  Heisler, Jeffrey, Christopher R. Knittel, John J. Neumann and Scott Stewart. “An Analysis of Re-Allocation Decision by Institutional Plan Sponsors” mimeo, UC Davis.  Distinguished Paper for the 2006 Academy of Finance.  

Work in Progress:

§  Consumer Expectations, Gasoline Prices and Vehicle Choice (with Meghan Busse and Florian Zettelmeyer)

§  IT Outsourcing, Mergers and Industry Exit (with Victor Stango)

§  Pharmaceuticals, Patents and Health Outcomes (with Peter Huckfeldt)

§  Traffic and Infant Health (with Douglas Miller and Nick Sanders)

§  Price Ceilings in Electricity Markets (with Victor Stango)

§  Industry Dynamics in ATM Network Markets (with Victor Stango)

§  Electricity Regulatory Restructuring: Efficiency Gains and Executive Pay (with Dae-Wook Kim)

§  Durables and Changes in Software: Implications for Price Indexes and Software Firm Incentives (with Robert Feenstra)

Awards, Honors, and Grants:     

§  Barry D. McNutt Award for Excellence in Automotive Policy Analysis (with Jonathan Hughes and Dan Sperling), 2008

§  National Science Foundation Grant (with Victor Stango), 2008-2010, $240,000

§  Chevron Bio-Fuel Research Grant, 2007-2008, $127,000

§  Chevron Bio-Fuel Research Grant, 2007-2008, $77,000

§  Chevron Bio-Fuel Research Grant (Co-PI), 2007-2009, $370,000

§  Woods Institute for the Environment Leadership Scholar Training, 2007

§  Distinguished Paper, 2006 Academy of Finance

§  University of California Energy Institute Research Grant, 2005-2006, $50,000

§  Best Paper Award for the 31st NBEA Conference

§  ASUCD Excellence in Teaching Award, 2004

§  University of California Energy Institute Research Grant, 2003

§  Faculty Research Grant, UC Davis, 2002, 2003, 20004, 2005, 2006

§  Institute of Governmental Affairs Junior Faculty Grant, 2002, 2003, 2004, 2005

§  Junior Faculty Research Grant, Boston University, 2001

§  Graduate Fellowship, University of California, Berkeley, 1997–1999

§  Graduate Fellowship, University of California, Davis, 1994–1996

§  Institute of Transportation Fellow, University of California, Davis, 1995–1996

§  Student Commencement Speaker, California State University, Stanislaus, 1994

Referee Services:       

Agricultural Economics, American Economic Review, Bulletin of Economic Research, Census Bureau, Econometrica, Economic Inquiry, The Economic Journal, Economics Letters, Energy Economics, The Energy Journal, Energy Studies Review, European Economic Review,  International Journal of Industrial Organization, International Journal of Power and Energy Systems, Journal of Banking and Finance, The Journal of Business, Journal of Business and Economic Statistics, Journal of Economic Behavior and Organization, Journal of Economic Education, Journal of Economics and Management Strategy, Journal of Futures Markets, Journal of Industrial Economics, Journal Institutional and Theoretical Economics, Journal of Law and Economics, Politics and Economics, Quarterly Journal of Economics, Rand Journal of Economics, Resource and Energy Economics, Review of Economic Studies, Review of Economics and Statistics, Review of Industrial Organization, Review of Network Economics, Southern Economic Journal, Socio-Economic Planning Sciences, Utilities Policy, University of California Energy Institute Grant Program, NSF Grant Program

Invited Presentations:       

“Climate Change and Economics”

·        University Retirement Community, February 2008

 

“Carbon Taxes versus Cap and Trade”

·        New American Foundation, February 2008

·        Tainjin Chinese Delegation at UC Davis

 

“Carbon Policies for Transport”

·        UCEI Policy Conference, December 2007

 

“Greenhouse Gas Reductions under Low Carbon Fuel Standards?”

·        University of California Energy Institute, July 2007

 

Sacred Cars: Optimal Regulation of Stationary and Non-stationary Pollution Sources.”

·        University of California at Davis, Institute of Transportation Studies, October 2007

·        NBER Environmental Economics and Energy Summer Institute, July 2007

·        9th Occasional Workshop on Environmental and Resource Economics, Santa Barbara, November 2006

 

“Estimation of Random Coefficient Demand Models: Challenges, Difficulties and Warnings””

·        University of California at Berkeley, Department of Economics, November 2007

·        University of Alberta and Calgary University Industrial Organization Conference, October 2007

 

“Strategic Incompatibility in ATM Markets”

·        Federal Trade Commission, November 2006

·        University of California at Los Angeles, Department of Economics, October 2006

 

“Evidence of a Shift in the Short-Run Price Elasticity of Gasoline.”

·        CSEM Gasoline Conference, December 2006

·        9th Occasional Workshop on Environmental and Resource Economics, Santa Barbara, November 2006

·        University of California Energy Institute, October 2006

 

“Incompatibility and Consumer Demand: Evidence from ATMs”

·        Washington University, Olin School of Business, November 2007

·        The Net Institute Conference, New York University, April 2005.

·        University of California at Santa Cruz, Department of Economics, December 2004

·        University of California at San Diego, Department of Economics, November 2004

·        Penn State, Department of Economics, October 2004.

·        NBER Summer Institute, Productivity/IO Meetings, July 2004.

·        University of California, Berkeley, Haas School of Management, January 2004.

·        American Economic Association Meetings, January 2004.

 

 “Compatibility and Pricing with Indirect Network Effects: Evidence from ATMs,”

·        NBER Summer Institute, Productivity/CRIW Meetings, July 2004.

 

“Re-Assessing the Quality Adjustment to Computer Prices: Do U.S. Procedures Overstate the Gains?”

·        NBER/CRIW Conference, Vancouver, June 2004

 

“Biases in Static Oligopoly Models?”

·        University of California Energy Institute, November 2003.

 

“Price Ceilings as Focal Points for Tacit Collusion: Evidence from the Credit Card Market”

·        Boston University, Department of Finance and Economics, April 2002.

·        University of California, Irvine, Department of Economics, January 2002.

·        University of California, Davis, Department of Economics, January 2002.

·        University Arizona, Department of Economics, January 2002.

·        Northwestern University, Kellogg School of Management, November 2001.

·        University of Maryland, Department of Economics, November 2001.

·        NBER Summer Institute, Industrial Organization Meetings, August 2001.

 

“Trading Inefficiencies in California's Electricity Markets”

·        NBER Summer Institute, Industrial Organization Meetings, July 2003.

·        University of California, Davis, Department of Economics, October 2002.

·        Boston University, Finance Seminar Series, November 2000.

·        Harvard University, Industrial Organization Seminar Series, November 2000.

·        POWER 5th Annual Electricity Conference, UC Berkeley, March 2000.

 

“Regulatory Restructuring and Incumbent Price Dynamics: The Case of Local Telephone Restructuring”

·        NBER Summer Institute, Industrial Organization Meetings, August 2000.

·        NBER Productivity Lunch, October 1999.

·        INSEAD, Economics Seminar Series, May 1999.

·        Boston University, Finance and Economics Seminar Series, May 1999.

·        University of Western Ontario, Microeconomics Seminar Series, May 1999.

·        University of California, Berkeley, Industrial Organization Seminar Series, August 1999.

·        Georgetown University, Strategy Seminar Series, April 1999.

·        University of California, Davis, Applied Microeconomics Seminar Series, April 1999.

·        SMU, Applied Microeconomics Seminar Series, April 1999.

·        Federal Reserve Board of Governors, Economics Seminar Series, April 1999.

 

“Does Incentive Regulation Provide the Correct Incentives?: Stochastic Frontier Evidence the US Electricity Industry”

·        University of California, Berkeley, October 1998, Econometrics Seminar Series.

·        INFORMS – Seattle, September 1999, Summer Conference.

 

“The Origins of State Electricity Regulation: Revisiting an Unsettled Topic”

·        University of California Energy Institute, December 1997, UCEI Seminar Series.

 

Discussant, 2005 TPUG/ASSA Meetings, Philadelphia

Discussant, 2004 UCEI Annual Energy Conference, Berkeley

Discussant, 2003 UCEI Annual Energy Conference, Berkeley

Discussant, 2003 TPUG/ASSA Meetings, Washington D.C.

Discussant, 2000 Stanford University Strategy Meetings.

Discussant, 2000 NBER Winter IO Meetings, Stanford University

Regulatory Filings: