Speaker:

Steve Cicala - Assistant Professor, University of Chicago Harris School of Public Policy

Title:

Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation

Abstract:

This paper evaluates changes in electricity generation costs caused by the introduction of market mechanisms to allocate production in the United States. I use the staggered transition to markets from 1999-2012 to estimate the causal impact of liberalization using a differences-in-differences design on a comprehensive hourly panel of electricity demand, generators' costs, capacities, and output. I find that markets reduce production costs by 5% by reallocating production: Gains from trade across service areas increase by 55% based on a 25% increase in traded electricity, and costs from using uneconomical units fall 16%.

Speaker Bio:

Steve Cicala is an assistant professor at the University of Chicago Harris School of Public Policy and a Faculty Research Fellow at the National Bureau of Economic Research. His work focuses on the economics of regulation, particularly with respect to environmental and energy policy.

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Faculty Co-Chairs, Associate Professor of Molecular Biosciences Heather Pinkett and Dean Teresa Woodruff of the Graduate School, will be in conversation with author of Hidden Figures Margot Lee Shetterly. There will be a book signing after the talk.

MARGOT LEE SHETTERLY is a writer, researcher, entrepreneur and author of Hidden Figures: The American Dream and the Untold Story of the Black Women Mathematicians Who Helped Win the Space Race, which was a top book of 2016 for both TIME and Publisher’s Weekly, a USA Today bestseller, and a #1 New York Times bestseller.

Shetterly is also the founder of the Human Computer Project, a digital archive telling the stories all of NASA’s “Human Computers,” women from all backgrounds whose work tipped the balance in favor of the United States in WWII, the Cold War, and the Space Race. The Alfred P. Sloan Foundation and the Virginia Foundation for the Humanities support her research. She is currently a scholar-in-residence at the University of Virginia, with joint appointments at the McIntire School of Commerce and the School of Engineering.

Speaker:

Suzan van der Lee - Professor, Department of Earth and Planetary Sciences, Northwestern University

Title:

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Speaker Bio:

Suzan van der Lee is a seismologist and a professor in the Department of Earth and Planetary Sciences, Northwestern University. She has a Ph.D. in Geological and Geophysical Sciences from Princeton University and an M.Sc. in Geophysics from the University of Utrecht.

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TBA

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Speaker:

Keara Lane - Assistant Professor, Department of Molecular Biosciences, Northwestern University

Title:

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Abstract:

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Speaker Bio:

Keara Lane is an Assistant Professor in the Department of Molecular Biosciences and the Interdisciplinary Biological Sciences Graduate Program, Northwestern University. The Lane lab is focused on developing tools and approaches to explore the time dimension, or dynamics, of bacterial infection in individual cells.

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Speaker:

Lori Ziegelmeier - Assistant Professor, Department of Mathematics, Statistics, and Computer Science, Macalester College

Title:

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Abstract:

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Speaker Bio:

Lori Ziegelmeier is an Assistant Professor in the Department of Mathematics, Statistics, and Computer Science at Macalester College. Her research is broadly interested in geometric and topological data analysis, an area of mathematics at the intersection of many mathematical fields: geometry, topology, linear algebra, optimization, computing, and machine learning. She is particularly interested in developing and applying tools from computational geometry and topology to a wide variety of data sets from hyperspectral imagery to biological aggregations.

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Speaker:

Hamed Alhoori, Assistant Professor, Department of Computer Science, Northern Illinois University

Title:

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Abstract:

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Speaker Bio:

Hamed Alhoori is an Assistant Professor in the Department of Computer Science, and the Director of DATA lab at Northern Illinois University. The Data Lab focuses on Data Science, Text Analytics, Social Media Mining, Science of Science, Computational Social Science, and Human-Centered Computing.

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Winter Break Begins

Winter Classes begin 8 a.m.