The Benefits of an Electron Superhighway

Frank A. Wolak received his Ph.D. and S.M. from Harvard University. He is a Professor of Economics at Stanford University, a SIEPR Senior Fellow and the Chairman of the Market Surveillance Committee of the California Independent System Operator (ISO), an independent market monitoring entity for state’s electricity supply industry. He has been a visiting scholar at University of California Energy Institute (UCEI) and is a Research Associate of the National Bureau of Economic Research (NBER). Professor Wolaks fields of specialization are industrial organization and econometric theory. His recent work studies methods for introducing competition into formerly regulated infrastructure industries—telecommunications, electricity, water delivery and postal delivery services—and on assessing the impacts of these competition policies on consumer and producer welfare.