Faculty and Executive Leadership Directory

Severin Borenstein

E.T. Grether Chair in Business Administration and Public Policy
Co-Director, Energy Institute at Haas

Haas Economic Analysis and Policy Group
510-642-3689
Email: click on the envelope icon below for full email address
Academic Status: On duty
Office Hours: By appointment, F649
Personal Homepage: http://faculty.haas.berkeley.edu/borenste
Curriculum Vitae (in PDF format, Acrobat Reader required)

Education

BA, Economics, UC Berkeley
PhD, Economics, Massachusetts Institute of Technology

Positions Held

At Haas since 1996
2009 - present, E.T. Grether Chair in Business Administration and Public Policy
2009 - present, Co-Director, Energy Institute at Haas
1996 - present, Professor, Haas School of Business
1994 - 1996, Professor of Economics, Department of Economics, UC Davis
1990 - 1994, Associate Professor of Economics, Department of Economics, UC Davis
1983 - 1990, Assistant Professor of Economics and Public Policy, Department of Economics and Institute of Public Policy Studies, University of Michigan
1978 - 1979, Staff Economist, Office of Economic Analysis, US Civil Aeronautics Board

Visiting Positions

Professor of Strategic Management, Graduate School of Business, Stanford University
Associate Professor, Distance Learning MBA for Cathay Pacific Airlines
School of Business Administration, University of Michigan
Assistant Professor, Department of Economics, UC Davis

External Service and Assignments

Editorial Board Member, American Economic Journal: Economic Policy
Editorial Board Member, Journal of Economic Literature
Co-Director, Center for the Study of Energy Markets
Associate editor, Review of Economics and Statistics
Director, University of California Energy Institute
Research associate, National Bureau of Economic Research

Current Research and Interests

Energy policy and climate change
Electricity deregulation, market formation and competition
US and international airline competition
Oil and gasoline market pricing and competition
Efficiency and cost-cutting in firms

Selected Papers and Publications

"On the Efficiency of Competitive Electricity Markets with Time-Invariant Retail Prices," with Stephen Holland. Rand Journal of Economics 36 (2005).
"The Long-Run Efficiency of Real-Time Electricity Pricing." Energy Journal 26, no. 3 (2005).
“The Impact of Bankruptcy on Airline Service Levels,” with Nancy Rose. American Economic Review Papers and Proceedings 93 (2003).
"The Trouble with Electricity Markets: Understanding California’s Restructuring Disaster." Journal of Economic Perspectives 16 (Winter 2002).
"Sticky Prices, Inventories, and Market Power in Wholesale Gasoline Markets," with Andrea Shepard. Rand Journal of Economics 33 (Spring 2002).
“Measuring Market Inefficiencies in California’s Restructured Wholesale Electricity Market,” with James Bushnell and Frank Wolak. American Economic Review 92 (December 2002).

Honors and Awards

Distinguished Faculty Mentoring Award (for graduate student mentoring), UC Berkeley
Hewlett Foundation/Energy Foundation Research Grant, "Price Responsive Demand in Electricity Markets." 2002
National Bureau of Economic Research/Sloan Foundation Research Grant (with Joseph Farrell). "Why Do Firms Cut Costs?" 1998-present
Earl F. Cheit Award for Excellence in Teaching, Full-Time MBA Program, 1997
University-wide Energy Research Group Research Grant, (with Colin Cameron). "Asymmetric Retail Gasoline Price Responses to Crude Oil Price Changes." 1991-93
Michigan Economic Society Undergraduate Teaching Award, Fall 1987
National Science Foundation Research Grant #SES-8711576. "Efficiency in the Allocation of Operating Licenses." 1987-90

Faculty Directory: Alphabetical Listing
Faculty Directory: Listing by Department

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