Jean Tirole's Enduring Influence on Energy Policy Analysis
16 Pages Posted: 23 Jan 2015 Last revised: 20 Feb 2015
Date Written: January 21, 2015
Jean Tirole, the recipient of the 2014 Nobel Prize in Economics, has made lasting contributions to many fields of economic analysis and policy. The present paper highlights the most important components of his contributions and their impact on developing new frontiers in energy policy analysis. We review the implications of his research in areas such as utilities regulation, environmental regulation and climate change, entry to upstream markets and energy markets, as well as the process of financing new energy projects. The paper ends by commenting on the impact of his recognition by the Nobel Prize Committee and how the future will not be the same.
Keywords: Competition Policy, Information Asymmetry, Regulation, Investment, Industrial Organization, Jean Tirole
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