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Timothy J. Brennan
Senior Fellow
202-328-5084
brennan@rff.org
RESEARCH TOPICS
 
PROFILE
Tim Brennan focuses on public policies involving monopolies and market power, and on assessing methods for policy evaluation. He looks particularly at issues associated with restructuring the electricity sector and opening electricity utilities and markets to competition. Specific topics in recent publications include real-time pricing, climate change, network effects, decoupling electricity revenues from use, energy conservation policy, and space launch risk.

His current research examines rationales for energy efficiency policies, the limits of cost-benefit analysis in climate policy, and the role of behavioral economics in energy and environmental policy. He has been co-author of two books on the deregulation of electricity markets and has analyzed constitutional requirements for compensation for public use of private land. He has studied privacy and environmental law enforcement related to remote-sensing satellites and is working on the roles of prizes in technological innovation and on assessing liability rules for space launches. Brennan also addresses issues in antitrust law, telecommunications policy, copyright, and the philosophy of economics. He has presented his research to numerous government, professional, and academic institutions in the U.S. and internationally, including Austria, Australia, England, France, Germany, Ireland, Mexico, New Zealand, Sweden, and Uzbekistan. 
Featured Publications
Catalysts for Conservation: Exploring Behavioral Science Insights for Natural Resource Investments
P. Lynn Scarlett, James W. Boyd, Anna Brittain, Leonard A. Shabman, Timothy J. Brennan
RFF Report | September 2013
 
The Best of Common Resources
Nathan Richardson, Alan J. Krupnick, Daniel F. Morris, Hal Gordon, Clayton Munnings, Heather L. Ross, Raymond J. Kopp, Timothy J. Brennan, Margaret A. Walls, James W. Boyd
Resources | 2013 (Digital Issue)
 
Considering a US Carbon Tax: Frequently Asked Questions
Joseph E. Aldy, Timothy J. Brennan, Dallas Burtraw, Jared Carbone, Carolyn Fischer, Robert Kopp, Molly K. Macauley, Richard D. Morgenstern, Daniel F. Morris, Karen L. Palmer, Anthony Paul, Nathan Richardson, Roberton C. Williams III
Resources | 2013 (Digital Issue)
 
Holding Distribution Utilities Liable for Outage Costs: An Economic Look
Timothy J. Brennan
RFF Discussion Paper 13-16 | July 2013
 
Inside RFF: A Look at What's Happening
Timothy J. Brennan, P. Lynn Scarlett, Molly K. Macauley
Resources | 2013 (183)
 
Inside RFF
Jintao Xu, Karen L. Palmer, Sheila M. Olmstead, Richard D. Morgenstern, Allen Blackman, Juha V. Siikamäki, Timothy J. Brennan, P. Lynn Scarlett, James N. Sanchirico, Yusuke Kuwayama , Antung Anthony Liu, C. Boyden Gray
Resources | 2013 (182)
 
Prizes, Patents and Technology Procurement: A Proposed Analytical Framework
Timothy J. Brennan, Molly K. Macauley, Kate Whitefoot
RFF Discussion Paper 11-21-REV | December 2012
 
Putting a Floor on Energy Savings: Comparing State Energy Efficiency Resource Standards
Karen L. Palmer, Samuel Grausz, Blair Beasley, Timothy J. Brennan
RFF Discussion Paper 12-11 | February 2012
 
Energy Efficiency Resource Standards: Economics and Policy
Timothy J. Brennan, Karen L. Palmer
RFF Discussion Paper 12-10 | February 2012
 
The Supply Chain and Industrial Organization of Rare Earth Materials: Implications for the U.S. Wind Energy Sector
Jhih-Shyang Shih, Joshua Linn, Timothy J. Brennan, Joel Darmstadter, Molly K. Macauley, Louis Preonas
RFF Report | February 2012
 
View All Related Publications
DISCUSSION PAPERS
Holding Distribution Utilities Liable for Outage Costs: An Economic Look
Timothy J. Brennan
RFF Discussion Paper 13-16 | July 2013
 
Prizes, Patents and Technology Procurement: A Proposed Analytical Framework
Timothy J. Brennan, Molly K. Macauley, Kate Whitefoot
RFF Discussion Paper 11-21-REV | December 2012
 
Putting a Floor on Energy Savings: Comparing State Energy Efficiency Resource Standards
Karen L. Palmer, Samuel Grausz, Blair Beasley, Timothy J. Brennan
RFF Discussion Paper 12-11 | February 2012
 
Energy Efficiency Resource Standards: Economics and Policy
Timothy J. Brennan, Karen L. Palmer
RFF Discussion Paper 12-10 | February 2012
 
Energy Efficiency Policy: Surveying the Puzzles
Timothy J. Brennan
RFF Discussion Paper 11-27 | July 2011
 
More Than a Wing and a Prayer: Government Indemnification of the Commercial Space Launch Industry
Timothy J. Brennan, Carolyn Kousky, Molly K. Macauley
RFF Discussion Paper 09-38 | September 2009
Related journal article
 
The Challenges of Climate for Energy Markets
Timothy J. Brennan
RFF Discussion Paper 09-32 | September 2009
 
Energy Efficiency: Efficiency or Monopsony?
Timothy J. Brennan
RFF Discussion Paper 09-20 | May 2009
 
Optimal Energy Efficiency Policies and Regulatory Demand-Side Management Tests: How Well Do They Match?
Timothy J. Brennan
RFF Discussion Paper 08-46 | January 2009
 
Is the Benefit of Reserve Requirements in the “Reserve” or the “Requirement”?
Timothy J. Brennan
RFF Discussion Paper 08-33 | September 2008
 
“Night of the Living Dead” or “Back to the Future”? Electric Utility Decoupling, Reviving Rate-of-Return Regulation, and Energy Efficiency
Timothy J. Brennan
RFF Discussion Paper 08-27 | August 2008
 
Electricity Markets and Energy Security: Friends or Foes?
Timothy J. Brennan
RFF Discussion Paper 07-46 | November 2007
 
Consumer Preference Not to Choose: Methodological and Policy Implications
Timothy J. Brennan
RFF Discussion Paper 05-51 | November 2005
 
Alleged Transmission Undersupply: Is Restructuring the Cure or the Cause?
Timothy J. Brennan
RFF Discussion Paper 05-50 | October 2005
 
Electricity Capacity Requirements: Who Pays?
Timothy J. Brennan
RFF Discussion Paper 03-39 | August 2003
 
State and Federal Roles in Facilitating Electricity Competition: Legal and Economic Perspectives in the Electricity Sector
Timothy J. Brennan
RFF Discussion Paper 03-24 | April 2003
 
Market Failures in Real-Time Metering: A Theoretical Look
Timothy J. Brennan
RFF Discussion Paper 02-53 | October 2002
 
Preventing Monopoly or Discouraging Competition? The Perils of Price-Cost Tests for Market Power in Electricity
Timothy J. Brennan
RFF Discussion Paper 02-50 | October 2002
 
Vertical Market Power as Oxymoron:Getting Convergence Mergers Right
Timothy J. Brennan
RFF Discussion Paper 01-39 | August 2001
 
'Green' Preferences as Regulatory Policy
Timothy J. Brennan
RFF Discussion Paper 01-01 | May 2001
 
Policy, Federalism, and Regulating Broadband Internet Access
Timothy J. Brennan
RFF Discussion Paper 01-02 | March 2001
 
Implementing Electricity Restructuring: Policies, Potholes, and Prospects
Timothy J. Brennan, Karen L. Palmer, Salvador A. Martinez
RFF Discussion Paper 01-62 | January 2001
Related journal article
 
The Economics of Competition Policy: Recent Developments and Cautionary Notes in Antitrust and Regulation
Timothy J. Brennan
RFF Discussion Paper 00-07 | January 2000
 
Do Lower Prices For Polluting Goods Make Environmental Externalities Worse?
Timothy J. Brennan
RFF Discussion Paper 99-40 | May 1999
 
Demand-Side Management Programs Under Retail Electricity Competition
Timothy J. Brennan
RFF Discussion Paper 99-02 | October 1998
 
Enforcing Environmental Regulation: Implications of Remote Sensing Technology
Molly K. Macauley, Timothy J. Brennan
RFF Discussion Paper 98-33 | May 1998
 
Stranded Costs, Takings, and the Law and Economics of Implicit Contracts
Timothy J. Brennan, James W. Boyd
RFF Discussion Paper 97-02 | October 1996
 
Making Sense of the Telecommunications Act of 1996
Timothy J. Brennan
Consortium for Research on Telecommunications Policy Working Paper CRTP-34 | 1996
 
Pluralism and Regulatory Failure: When Should Takings Trigger Compensation?
James W. Boyd, Timothy J. Brennan
RFF Discussion Paper 96-09 | January 1996
 
Political Economy and the Efficiency of Compensation for Takings
Timothy J. Brennan, James W. Boyd
RFF Discussion Paper 95-28 | June 1995
Related journal article
 
Is Cost-of-Service Regulation Worth the Cost?
Timothy J. Brennan
U.S. Department of Justice, Antitrust Division Economic Analysis Group Discussion Paper 93-9 | 1993
 
Economic Theory in Industrial Policy: Lessons From U.S. v. AT&T
Timothy J. Brennan
George Washington University, Graduate Institute for Policy Education and Research Working Paper 1989-1 | 1989
 
Refusal to Cooperate with Competitors: A Theory of Horizontal Boycotts
Timothy J. Brennan
U.S. Department of Justice, Antitrust Division Economic Analysis Group Discussion Paper 89-1 | 1989
 
Regulating by Capping Prices
Timothy J. Brennan
U.S. Department of Justice, Antitrust Division Economic Analysis Group Discussion Paper 88-11 | 1988
 
Moral Rights, Public Policy Debate, and Right Holder Inalienability
Timothy J. Brennan
George Washington University, Graduate Institute for Policy Education and Research Working Paper 1988-6 | 1988
 
Capping Average Prices of Regulated Multiproduct Firms
Timothy J. Brennan
George Washington University, Department of Economics Discussion Paper D-8718 | 1987
 
The Fairness Doctrine in Broadcasting: Philosophical and Economic Perspectives
Timothy J. Brennan
George Washington University, Department of Economics Discussion Paper D-8709 | 1987
 
Cross-Subsidization and Discrimination by Regulated Monopolists
Timothy J. Brennan
U.S. Department of Justice, Antitrust Division Economic Analysis Group Discussion Paper 87-2 | 1987
 
Liability Rules and Quality Choice: Are There Too Many BMWs on The Road?
Timothy J. Brennan
George Washington University, Department of Economics Discussion Paper D-8704 | 1987
 
Taxing Home Audio Taping
Timothy J. Brennan
U.S. Department of Justice, Antitrust Division Economic Analysis Group Discussion Paper 86-6 | 1986
 
  
NEWS
Obama Stresses Energy Investment but Policy Battles Loom
Wednesday, February 25, 2009
Greenwire
Smooth the Path to Electric Deregulation
Thursday, April 03, 2008
Financial Post
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