Christopher Knittel

William Barton Rogers Professor of Energy
Professor of Applied Economics

Biography | Selected Publications

“Caution Drivers! Children Present: Traffic, pollution and infant health.” Knittel, Christopher R., Douglas L. Miller, and Nicholas J. Sanders. Forthcoming The Review of Economics and Statistics. ​

“Some Inconvenient Truths About Climate Change Policy: The Distributional Impacts of Transportation Policies.” ​Holland, Stephen P., Jonathan E. Hughes, Christopher R. Knittel, and Nathan C. Parker. Forthcoming, Review of Economics and Statistics.

“An economic perspective on the EPA’s Clean Power Plan.” Fowlie, Meredith, et. al. (November 2014). Science, 346 (6211): 815-816. ​

“Estimation of Random Coefficient Demand Models: Challenges, Difficulties and Warnings.” Knittel, Christopher R., and Konstantinos Metaxoglou (March 2014). The Review of Economics and Statistics96(1): 34-59

“Celebrity Endorsements, Firm Value and Reputation Risk: Evidence from the Tiger Woods Scandal.” ​Knittel, Christopher R., and Victor Stango (January 2014). Management Science, 60(1): 21-37.

“Ethanol Production and Gasoline Prices: A Spurious Correlation.” Knittel, Christopher R., and Aaron Smith (2014). The Energy Journal, 36(1). ​ (2014)

“The Origins of US Transportation Policy: Was There Ever Support for Gasoline Taxes?” Knittel, Christopher R. (2014).Tax Policy and the Economy, 97-131. (2014)

"Unintended Consequences of Transportation Carbon Policies: Land-Use, Emission, and Innovation." Holland, Stephen P., Jonathan E. Hughes, Christopher R. Knittel, and Nathan C. Parker. The Energy Journal, 36(3). (2014)

“Transportation Fuels Policy Since the OPEC Embargo: Paved with Good Intentions.” ​Knittel, Christopher R. (May 2013).The American Economic Review, Papers & Proceedings, 103(3): 344-349.

“Are Consumers Myopic? Evidence from New and Used Car Purchases.” Busse, Meghan, Christopher R. Knittel, and Florian Zettelmeyer (February 2013).The American Economic Review, 103(1): 220-256.

Sacred Cars: Optimal Regulation of Stationary and Non-stationary Pollution Sources.” ​Fowlie, Meredith, Christopher R. Knittel, and Catherine Wolfram (February 2012). The American Economic Journal: Economic Policy, 4(1): 98-126.

“Reducing Petroleum Use from Transportation.” ​Knittel, Christopher R. (Winter 2012). The Journal of Economic Perspectives, 26(1): 93-118.

“Automobiles on Steroids: Product Attribute Trade-offs and Technological Progress in the Automobile Sector.” ​Knittel, Christopher R. (December 2011). The American Economic Review, 101(7): 3368-3399.

“Strategic Incompatibility in ATMs.” Knittel, Christopher R., and Victor Stango (October 2011). The Journal of Banking and Finance, 35(10): 2627-2636.

“Challenges in Merger Simulation Analysis.” ​Knittel, Christopher R., and Konstantinos Metaxoglou (May 2011). The American Economic Review, Papers & Proceedings, 101(3): 56-59.

“Tacit Collusion in the Presence of Cyclical Demand and Endogenous Capacity Levels.” Knittel, Christopher R., and Jason J. Lepore (March 2010). The International Journal of Industrial Organization, 28(2): 131-144

“Absence of Value: An Analysis of Investment Allocation Decisions by Institutional Plan Sponsors.” Stewart, Scott, John J. Neumann, Christopher R. Knittel, and Jeffrey Heisler (November/December 2009). Financial Analyst Journal, 65(6): 34-51. 

“How Does Incompatibility Affect Prices? Evidence from ATMs.” Knittel, Christopher R., and Victor Stango (September 2009). The Journal of Industrial Economics, LVII(3): 557-582

“Greenhouse Gas Reductions under Low Carbon Fuel Standards?” Holland, Stephen P., Jonathan E. Hughes, and Christopher R. Knittel (February 2009).The American Economic Journal: Economic Policy, 1(1): 106-146

“Re-Assessing the Quality Adjustment to Computer Prices: Do U.S. Procedures Overstate the Gains?” ​Feenstra, Robert, and Christopher R. Knittel (2009). Price Index Concepts and Measurement, NBER and the Chicago Press. (2009)

“Trading Inefficiencies in California's Electricity Markets.” ​Borenstein, Severin, James Bushnell, Christopher R. Knittel, and Catherine Wolfram (June 2008). The Journal of Industrial Economics, LVI(2): 347-378.

“Evidence of a Shift in the Short-Run Price Elasticity of Gasoline.” Hughes, Jonathan E., Christopher R. Knittel, and Daniel Sperling (January 2008). The Energy Journal, 29(1): 113-134.

“Incompatibility, Product Attributes and Consumer Welfare: Evidence from ATMs.” Knittel, Christopher R., and Victor Stango (January 2008). The BE Journal of Economic Analysis & Policy, Advances, 8(1).

“Diagnosing Unilateral Market Power in Electricity Reserves Market.” ​Knittel, Christopher R., and Konstantinos Metaxoglou (Spring 2008). The Journal of Energy Markets, 1(1).

“Why Do Institutional Plan Sponsors Hire and Fire their Investment Managers?” Heisler, Jeffrey, Christopher R. Knittel, John J. Neumann, and Scott Stewart (Spring 2007). The Journal of Business and Economics Studies, 13(1): 88-116

“Biases in Static Oligopoly Models? Evidence from the California Electricity Market.” ​Kim, Dae-Wook, and Christopher R. Knittel (December 2006). The Journal of Industrial Economics, LIV(4): 451-470.

“The Adoption of State Electricity Regulation: The Role of Interest Groups.” ​Knittel, Christopher R. (June 2006). The Journal of Industrial Economics, LIV(2): 201-222.

“Financial Models of Deregulated Electricity Prices: An Application to the California Market.” ​Knittel, Christopher R., and Michael R. Roberts (September 2005). Energy Economics, 27(5): 791-817.

“Regulatory Restructuring and Incumbent Price Dynamics: The Case of Local Telephone Markets.” ​Knittel, Christopher R. (May 2004). Review of Economics and Statistics, 86(2): 614-625.

“Price Ceilings as Focal Points for Tacit Collusion: Evidence from the Credit Card Market.” ​Knittel, Christopher R., and Victor Stango (December 2003). The American Economic Review, 93(5): 1703-1729.

“Market Structure and the Pricing of Electricity and Natural Gas.” ​Knittel, Christopher R. (June 2003). The Journal of Industrial Economics, LI(2): 167-191.

“Alternative Regulatory Methods and Firm Efficiency: Stochastic Frontier Evidence the US Electricity Industry.” ​Knittel, Christopher R. (August 2002). Review of Economics and Statistics, 84(3): 530-540.

“Market Power in Electricity Markets: Beyond Concentration Measures.” ​Borenstein, Severin, James Bushnell, and Christopher R. Knittel (October 1999). The Energy Journal20(4): 65-88.

“Long Distance Rates: Search Costs, Switching Costs, and Market Power.” ​Knittel, Christopher R. (August 1997). Review of Industrial Organization, 12(4): 519-536.


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General Expertise
Alternative energy; Applied economics; Applied microeconomics; Bank regulation; Banking; Banking industry; Banking regulation; Carbon footprint; Clean coal; Clean energy; Climate change; Climate policy; Coal; Competitive strategy; Computational economics; Consumer behavior; Corporate strategy and policy; Credit card industry; Data analytics; Drought; Econometrics; Econometrics; Economics; Economy; Electricity; Emissions trading; Emissions trading; Energy; Energy Economics; Energy efficiency; Energy finance; Environment; Environmental Economics; Environmental policy; Ethanol; Financial econometrics; Fracking; Gas; Global climate change; Global warming; Hydraulic fracturing; Industrial economics; Industrial Organization; Industrial organization; Managerial economics; Mergers and acquisitions; Microeconomics; Natural gas; Nonlinear optimization; Nuclear power; Oil; Oil industry; Optimization; Outsourcing; Outsourcing; Pharmaceuticals; Pricing; Product loyalty; Public utilities; Regulatory bodies; Solar power; Sports analytics; Subsidies; Sustainability; Tax reforms; Water; Wind power