People Collection

Website-Picture

David P. Brown, PhD

Assistant Professor

Arts

Economics

About Me

I am an Assistant Professor in the Department of Economics at the University of Alberta. I am from Cincinnati Ohio where I attended Miami University of Ohio. I have a BS in Quantitative Economics and Mathematics from Miami University of Ohio and an MA and PhD in Economics from the University of Florida. I previously held positions as a Research Associate at the University of Florida's Public Utility Research Center (PURC) and Institute for Child Health Policy (ICHP).


Research

Primary Fields: Energy Economics, Industrial Organization, and Applied Econometrics

Secondary Fields: Regulatory Policy and Environmental Economics


My research is primarily in the fields of Energy Economics, Applied Econometrics, Industrial Organization, and Regulation. My current work focuses on analyzing the impacts of energy policies on the performance of electricity markets and the design of compensation policies for renewable resources. This includes research that analyzes the design of retail tariffs to compensate distributed energy resources such as residential roof-top solar panels and demand response mechanisms; measuring market power execution in wholesale power markets; analyzing the impacts of mergers and market structure changes; designing regulations to motivate utilities to invest in distributed resources; and analyzing the impacts of carbon pricing mechanisms. Lastly, I have also written on topics associated with Child Healthcare Policy. In particular, this prior work contributes to a recently established Bayesian Imputation methodology used to correct for missing racial and ethnic information in patient-level data. This research illustrates the importance of accounting for racial and ethnic disparities when evaluating the performance of healthcare policies. 


Publications:

"The Effect of Default Rates on Retail Competition and Pricing Decisions of Competitive Retailers: The Case of Alberta" Energy Policy, Forthcoming (with Andrew Eckert)

"Carbon Pricing with an Output Subsidy under Imperfect Competition: The Case of Alberta's Restructured Electricity Market" Resource and Energy Economics, May 2018 (with Andrew Eckert and Heather Eckert)

"Capacity Market Design: Motivation and Challenges in Alberta's Electricity Market," University of Calgary School of Public Policy, Briefing Paper Series, March 2018. 

"Analyzing Electricity Market Structure Changes and Mergers: The Importance of Forward Commitments" Review of Industrial Organization, February 2018 (with Andrew Eckert).

"The Effect of Subsidized Entry on Capacity Auctions and the Long-Run Resource Adequacy of Electricity Markets" Energy Economics, January 2018

"On the Role of Maximum Demand Charges in the Presence of Distributed Generation Resources" Energy Economics, January 2018 (with David Sappington) 

Optimal Policies to Promote Efficient Distributed Generation of ElectricityJournal of Regulatory Economics, October 2017 (with David Sappington).

"Measuring Market Power and the Efficiency of Alberta's Restructured Electricity Market: An Energy-Only DesignCanadian Journal of Economics, August 2017 (with Derek Olmstead).

"Mergers with Endogenous Forward Contracting" Journal of Regulatory Economics, June 2017  (with Andrew Eckert).

Electricity Markets in Transition: Market Distortions Associated with Retail Price Controls" The Electricity Journal, June 2017 (with Andrew Eckert and Heather Eckert). 

"Designing Compensation for Distributed Solar Generation: Are Common Net Metering Policies Optimal?" The Energy Journal, Spring 2017 (with David Sappington). 

"On the Optimal Design of Demand Response Policies," Journal of Regulatory Economics, June 2016 (with David Sappington).

"Effects of an Integrated Care System on Children with Special Healthcare Needs' Medicaid Expenditures," The American Journal of Managed Care, April 2016 (with Marcu, M., Knapp, C., Madden, V. and H. Wang). 

"Using Bayesian Imputation to Assess Racial and Ethnic Disparities in Pediatric Performance Measures," Health Services Research, October 2015, pp. 1 - 14 (with Knapp, C. and M. Kaufmann). 


Working Papers:

"Capacity Payment Mechanisms and Investment Incentives in Restructured Electricity Markets" (Revise and Resubmit at Energy Economics)

"Optimal Procurement of Distributed Energy Resources" (with David Sappington) (Revise and Resubmit at The Energy Journal)

"Self-Sabotage in the Procurement of Distributed Energy Resources" (with David Sappington) (Under Review)

"Information and Transparency in Wholesale Electricity Markets: Evidence from Alberta'' (with Andrew Eckert and James Lin) (Under Review)

"Motivating the Efficient Implementation of Distributed Energy Resources: The Role of Simple Cost-Sharing Policies" (with David Sappington)


Work in Progress:

"Renewable Compensation Policies, Market Competition, and Forward Contracting" (with Andrew Eckert)

"On the System Value of Commercial and Industrial Behind-the-Meter Energy Storage plus Solar PV: The Importance of Retail Rate Design" (with Richard Boampong)


Technical Appendices:

"Self-Sabotage in the Procurement of Distributed Energy Resources" (with David Sappington)

"Optimal Procurement of Distributed Energy Resources" (with David Sappington)

"Mergers with Endogenous Forward Contracting" (with Andrew Eckert) 

"On the Role of Maximum Demand Charges in the Presence of Distributed Generation Resources'" (with David Sappington) 

"Measuring Market Power and the Efficiency of Alberta's Restructured Electricity Market: An Energy-Only Market Design" (with Derek Olmstead)

"Designing Compensation for Distributed Solar Generation: Are Common Net Metering Policies Optimal?" (with David Sappington)

"Capacity Payment Mechanisms and Investment Incentives in Restructured Electricity Markets"

"Promoting Efficient Distributed Generation of Electricity" (with David Sappington)

"On the Optimal Design of Demand Response Policies" (with David Sappington)



Teaching


Fall 2018

ECON 384 - Intermediate Microeconomic Theory II (Two Sections)


Winter 2019

ECON 471 - Strategic Behavior of the Firm

ECON 572 - Economics of Regulation: Theory and Applications