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Jerry Hausman

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  • Joskow, Paul L.

Abstract

This paper is in two parts. The first part includes some reminiscences of my life with Jerry since we both arrived at MIT in 1972. The second part discusses what I view as Jerry’s most important and long-lasting contribution to energy economics. Jerry has been an amazing friend and colleague for 45 years. His paper analyzing consumer choice of energy using durable equipment and the estimate of consumer discount rates continues to be the gold standard from an analytical perspective and his 1979 results have held up very well in the many more recent studies.

Suggested Citation

  • Joskow, Paul L., 2019. "Jerry Hausman," Journal of Econometrics, Elsevier, vol. 211(1), pages 11-15.
  • Handle: RePEc:eee:econom:v:211:y:2019:i:1:p:11-15
    DOI: 10.1016/j.jeconom.2018.12.003
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    References listed on IDEAS

    as
    1. Todd D. Gerarden & Richard G. Newell & Robert N. Stavins, 2025. "Assessing the Energy-Efficiency Gap," World Scientific Book Chapters, in: Economics of Environment, Climate Change, and Wine Selected Papers of Robert N Stavins Volume 3 (2011–2023), chapter 4, pages 53-118, World Scientific Publishing Co. Pte. Ltd..
    2. Dubin, Jeffrey A & McFadden, Daniel L, 1984. "An Econometric Analysis of Residential Electric Appliance Holdings and Consumption," Econometrica, Econometric Society, vol. 52(2), pages 345-362, March.
    3. Dennis J. Aigner & Jerry A. Hausman, 1980. "Correcting for Truncation Bias in the Analysis of Experiments in Time-of-Day Pricing of Electricity," Bell Journal of Economics, The RAND Corporation, vol. 11(1), pages 131-142, Spring.
    4. Jerry A. Hausman, 1979. "Individual Discount Rates and the Purchase and Utilization of Energy-Using Durables," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 33-54, Spring.
    5. Hunt Allcott & Michael Greenstone, 2012. "Is There an Energy Efficiency Gap?," Journal of Economic Perspectives, American Economic Association, vol. 26(1), pages 3-28, Winter.
    6. repec:aen:journl:2004v25-01-a02 is not listed on IDEAS
    7. repec:aen:journl:1992v13-04-a03 is not listed on IDEAS
    8. repec:aen:eeepjl:eeep5-2-introduction is not listed on IDEAS
    9. Richard G. Newell & Juha Siikamäki, 2014. "Nudging Energy Efficiency Behavior: The Role of Information Labels," Journal of the Association of Environmental and Resource Economists, University of Chicago Press, vol. 1(4), pages 555-598.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

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