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Jerry Hausman

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  • Joskow, Paul L.

Abstract

This paper is in two parts. The first part includes some reminiscences of my life with Jerry since we both arrived at MIT in 1972. The second part discusses what I view as Jerry’s most important and long-lasting contribution to energy economics. Jerry has been an amazing friend and colleague for 45 years. His paper analyzing consumer choice of energy using durable equipment and the estimate of consumer discount rates continues to be the gold standard from an analytical perspective and his 1979 results have held up very well in the many more recent studies.

Suggested Citation

  • Joskow, Paul L., 2019. "Jerry Hausman," Journal of Econometrics, Elsevier, vol. 211(1), pages 11-15.
    • Handle: RePEc:eee:econom:v:211:y:2019:i:1:p:11-15
    DOI: 10.1016/j.jeconom.2018.12.003
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    References listed on IDEAS

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    1. Todd D. Gerarden & Richard G. Newell & Robert N. Stavins, 2017. "Assessing the Energy-Efficiency Gap," Journal of Economic Literature, American Economic Association, vol. 55(4), pages 1486-1525, December.
    2. Dubin, Jeffrey A & McFadden, Daniel L, 1984. "An Econometric Analysis of Residential Electric Appliance Holdings and Consumption," Econometrica, Econometric Society, vol. 52(2), pages 345-362, March.
    3. Paul L. Joskow & Donald B. Marron, 1992. "What Does a Negawatt Really Cost? Evidence from Utility Conservation Programs," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4), pages 41-74.
    4. Hunt Allcott & Michael Greenstone, 2012. "Is There an Energy Efficiency Gap?," Journal of Economic Perspectives, American Economic Association, vol. 26(1), pages 3-28, Winter.
    5. Richard G. Newell & Juha Siikamäki, 2014. "Nudging Energy Efficiency Behavior: The Role of Information Labels," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 1(4), pages 555-598.
    6. David S. Loughran and Jonathan Kulick, 2004. "Demand-Side Management and Energy Efficiency in the United States," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 19-44.
    7. Dennis J. Aigner & Jerry A. Hausman, 1980. "Correcting for Truncation Bias in the Analysis of Experiments in Time-of-Day Pricing of Electricity," Bell Journal of Economics, The RAND Corporation, vol. 11(1), pages 131-142, Spring.
    8. Jerry A. Hausman, 1979. "Individual Discount Rates and the Purchase and Utilization of Energy-Using Durables," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 33-54, Spring.
    9. Paul L. Joskow, 2016. "Symposium on Energy Efficiency," Economics of Energy & Environmental Policy, International Association for Energy Economics, vol. 0(Number 2).
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    More about this item

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

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