Crowd of Black Lives Matters demonstrators marching in the street.
Feature: The Democratic Necessity of Reckoning

Erica Chenoweth reviews scholarship that overwhelmingly shows the Black Lives Matter movement generated high levels of public awareness about systemic racism and increased support for criminal justice reform.

Electronic stock ticker board with numbers and arabic letters.
Feature: Against Rule-of-Thumb Economics

Dani Rodrik argues against neoliberalism’s universal rule-of-thumb approach and for economic analyses grounded in contextual dependencies.

Several hands of team members covering one another in a huddle above a work table.
Feature: Leaders’ Psychological Bravery

Dana Born explores what skills leaders need to cultivate psychological safety on their teams and across their organizations.

Dollars and Euros piled on top of one another.
Feature: Dollar vs. Euro as International Reserve Currencies

Jeffrey Frankel explores the strengths and weaknesses of using the Dollar and the Euro as international reserve currencies.

Harvard Kennedy School faculty disseminate their research in working publications and papers that contribute to public knowledge and fuel policy innovation. This list features recent faculty publications, including journal articles, books, edited volumes, research papers, and public testimony.

Faculty Publications

Computation of Convex Hull Prices in Electricity Markets with Non-Convexities using Dantzig-Wolfe Decomposition

Andrianesis, Panagiotis, Dimitris J Bertsimas, Michael Caramanis, and William W. Hogan. "Computation of Convex Hull Prices in Electricity Markets with Non-Convexities using Dantzig-Wolfe Decomposition." IEEE Transactions on Power Systems 37.4 (July 2022): 2578-2589.

Electricity Market Design and Zero-Marginal Cost Generation

Hogan, William W. "Electricity Market Design and Zero-Marginal Cost Generation." Current Sustainable/Renewable Energy Reports 9 (March 2022): 15-26.

Potential revenue and breakeven of energy storage systems in PJM energy markets

Salles, Maurício B. C., Taina N. Gadotti, Michael J. Aziz, and William W. Hogan. "Potential revenue and breakeven of energy storage systems in PJM energy markets." Environmental Science and Pollution Research 28 (March 2021): 12357-12368.

Cross-product Manipulation in Electricity Markets, Microstructure Models and Asymmetric Information

Hogan, William W., Chiara Lo Prete, Bingyuan Liu, and Jia Wang. "Cross-product Manipulation in Electricity Markets, Microstructure Models and Asymmetric Information." Energy Journal 40.5 (June 2019): 221-246.

Market Design Practices: Which Ones Are Best? [In My View]

Hogan, William W. "Market Design Practices: Which Ones Are Best? [In My View]." IEEE Power and Energy 17.1 (January/February 2019).

A Primer on Transmission Benefits and Cost Allocation

Hogan, William W. "A Primer on Transmission Benefits and Cost Allocation." Economics of Energy & Environmental Policy 7.1 (March 2018).

An Efficient Western Energy Imbalance Market with Conflicting Carbon Policies.

Hogan, William W. "An Efficient Western Energy Imbalance Market with Conflicting Carbon Policies." The Electricity Journal 30.10 (December 2017): 8-15.

Virtual Bidding and Electricity Market Design

Hogan, William W. "Virtual Bidding and Electricity Market Design." The Electricity Journal 29.5 (June 2016): 33-47.

Co-Optimization of Power and Reserves in Dynamic T&D Power Markets with Nondispatchable Renewable Generation and Distributed Energy Resources

Caramanis, Michael, Elli Ntakou, William W. Hogan, Aranya Chakrabortty, and Jens Schoene. "Co-Optimization of Power and Reserves in Dynamic T&D Power Markets with Nondispatchable Renewable Generation and Distributed Energy Resources." Proceedings of the IEEE 104.4 (April 2016): 807-836.

Electricity Markets and the Clean Power Plan

Hogan, William W. "Electricity Markets and the Clean Power Plan." Electricity Journal 28.9 (November 2015): 9-32.

Electricity Market Design and Efficient Pricing: Applications for New England and Beyond

Hogan, William W. "Electricity Market Design and Efficient Pricing: Applications for New England and Beyond." Electricity Journal 27.7 (August 2014): 23-49.

Electricity Scarcity Pricing Through Operating Reserves

Hogan, William W. "Electricity Scarcity Pricing Through Operating Reserves." Economics of Energy & Environmental Policy 2.2 (September 2013).

Multiple Market-Clearing Prices, Electricity Market Design and Price Manipulation

Hogan, William W. "Multiple Market-Clearing Prices, Electricity Market Design and Price Manipulation." The Electricity Journal 25.4 (May 2012): 18-32.

Demand Response Compensation, Net Benefits and Cost Allocation: Comments

Hogan, William W. "Demand Response Compensation, Net Benefits and Cost Allocation: Comments." Electricity Journal 23.9 (November 2010): 19-24.

Toward a Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion

Hogan, William W., Juan Rosellon, and Ingo Vogelsang. "Toward a Combined Merchant-Regulatory Mechanism for Electricity Transmission Expansion." Journal of Regulatory Economics 38.2 (October 2010): 113-143.

Cost Reductions, Cost Padding, and Stock Market Prices: The Chilean Experience with Price-Cap Regulation: Comments

Hogan, William W. "Cost Reductions, Cost Padding, and Stock Market Prices: The Chilean Experience with Price-Cap Regulation: Comments." Economia: Journal of the Latin American and Caribbean Economic Association 8.2 (Spring 2008): 190-193.

Stability of Supply Function Equilibria Implications for Daily versus Hourly Bids in a Poolco Market.

Baldick, Ross and William W. Hogan. "Stability of Supply Function Equilibria Implications for Daily versus Hourly Bids in a Poolco Market." Journal of Regulatory Economics 30.2 (August 2006): 119-139.

“Energy Modeling for Policy Studies.”

Hogan, William W. “Energy Modeling for Policy Studies.” Operations Research 50.1 (January–February 2002).

Electricity Market Restructuring: Reforms of Reforms.

Hogan, William W. "Electricity Market Restructuring: Reforms of Reforms." Journal of Regulatory Economics 21.1 (January 2002): 103-132.