Department(s):
Economics
Address:
Economics Building 363
Stanford, CA 94305-6072
650.723.3944
http://www.stanford.edu/~wolak
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Frank Wolak is a Professor of Economics at Stanford University. He received his undergraduate degree from Rice University and his S.M. in applied mathematics and Ph.D. in Economics from Harvard University. His fields of research are industrial organization and energy and environmental economics. He specializes in the study of privatization, competition and regulation (both economic and environmental) in network industries such as electricity, telecommunications, water supply, natural gas and postal delivery services. He is the author of numerous academic articles on these topics. He has studied the design and performance of the competitive electricity markets internationally in England and Wales, Norway and Sweden, Spain, New Zealand, and Australia, and the US in California, New York, PJM, Texas, and New England. He has also worked on the re-structuring and privatization process in network industries in Australia, Brazil, Central America, Colombia, India, Indonesia, Mexico, New Zealand, Philippines, Romania, and Spain. He is a Research Associate of the National Bureau of Economic Research and an associate of the University of California Energy Institute in Berkeley. Professor Wolak has served as a consultant to the California and U.S. Departments of Justice on market power issues in the telecommunications, electricity, and natural gas markets. He has also served as a consultant to the Federal Communications Commission and Postal Rate Commission on issues relating to competition in network industries. He is the Chairman of the Market Surveillance Committee for the Independent System Operator of the California Electricity Supply Industry. In this capacity, he has testified several times at the Federal Energy Regulatory Commission (FERC), and at various Committees of the US Senate and House of Representatives on issues relating to market monitoring and market power in electricity markets and prepared numerous reports to the FERC of electricity market design issues.
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