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Timothy J. Brennan
Senior Fellow
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
Discounting the Future: Economics and Ethics
Timothy J. Brennan
The RFF Reader in Environmental and Resource Policy, 2nd Edition | Wallace E. Oates, ed | RFF Press | 2006 | Ch. 5, pp. 28-34
Fair Use as Policy Instrument
Timothy J. Brennan
The Economics of Copyright: Developments in Research and Analysis, Volume 2 | Wendy Gordon, Lisa Takeyama, and Ruth Towse | Northampton, MA: Edward Elgar | 2005
Preventing Monopoly or Discouraging Competition? The Perils of Price-Cost Tests for Market Power in Electricity
Timothy J. Brennan
The Challenge of Electricity Restructuring | Andrew N. Kleit, editor | Lanham, MD: Rowan and Littlefield | 2005
Making Electricity Markets Competitive: How Fast and by Whom?
Timothy J. Brennan
New Approaches on Energy and the Environment: Policy Advice for the President | Richard D. Morgenstern and Paul R. Portney, eds. | RFF Press | 2004 | Chapter 7
Regulation and Competition as Complements
Timothy J. Brennan
Obtaining the Best from Regulation and Competition | Michael Crew and Menahem Spiegel, editors | Norwell, MA: Kluwer Academic Press | 2004
Opening Electricity Markets: Lessons from the U.S. Experience
Timothy J. Brennan
Nuebestimmung staatlicher Aufgaben im Stromhandel (Redefining the role of government in electricity trading) | Eberhard Bohne, editor | Berlin, Germany: Duncker & Humblot | 2003
The FCC and Policy Federalism: Broadband Internet Access Regulation
Timothy J. Brennan
International Handbook of Telecommunications Economics, Volume III | Gary Madden and Scott Savage, editors | Northampton, MA: Edward Elgar | 2003
Alternating Currents
Timothy J. Brennan, Karen L. Palmer, and Salvador A. Martinez
RFF Press | 2002
Enforcing Environmental Regulation: Implications of Remote Sensing
Molly K. Macauley and Timothy J. Brennan
Improving Regulation: Cases in Environment, Health and Safety | Paul Fishbeck and Scott Farrow, eds. | RFF Press | 2001
Private Eyes in the Sky: Implications of Remote Sensing Technology for Enforcing Environmental Regulation
Molly K. Macauley and Timothy J. Brennan
Improving Regulation: Cases in Environment, Health, and Safety | Paul S. Fischbeck and R. Scott Farrow, eds. | RFF Press | 2001 | Chapter 14
Promoting Telephone Competition: A Simpler Way?
Timothy J. Brennan
Competition, Regulation, and Convergence: Current Trends in Telecommunications Policy Research | S. Gillete and I. Vogelsang, eds. | Mahwah, NJ: Lawrence Erlbaum | 1999
Comparing Stranded Costs Arguments in Telecommunications and Electricity
Timothy J. Brennan
Regulation Under Increasing Competition | M. Crew and P. Kleindorfer, eds. | Norwell, MA: Kluwer Academic Press | 1998
American Democratic Institutions and Social Values
Timothy J. Brennan
Democracy, Social Values, and Public Policy | M. Carrow, R.P. Churchill, and J. Cordes, eds. | Westport, CT: Greenwood Press | 1998
Die okonomische Analyse des Rechts aus Philosopher Sicht: Gesellschaftspolitsche Ziele im Kontext des Rechts [A Philosophical Assessment of 'Law and Economics': Policy Norms and Judicial Contexts]
Timothy J. Brennan
Effiziente Verhaltenssteuerung und Kooperation im Zivilrecht | C. Ott and H. Bernd-Schafer, eds. | Tübingen, Germany: Mohr Siebeck | 1997
A Shock to the System
Timothy J. Brennan, Karen L. Palmer, Raymond J. Kopp, Alan J. Krupnick, Vito Stagliano, and Dallas Burtraw
RFF Press | 1996
Additional Considerations in the Electricity Competition Debate
Timothy J. Brennan
National Research Council, Competition in the Electricity Industry: Emerging Issues, Opportunities and Risks for Facility Operators | Washington, D.C.: National Academy Press | 1996
Does the Theory Behind U.S. v. AT&T Still Apply today?
Timothy J. Brennan
The Internet and Telecommunications Policy: Selected Papers from the 1995 Telecommunications Policy Research Conference | G. Brock and G. Rosston, eds. | New York, NY: Lawrence Erlbaum | 1996
Balancing Present Costs and Future Benefits
Timothy J. Brennan
National Research Council, Financing Tomorrow's Infrastructure: Challenges and Issues | Washington, D.C.: National Academy Press | 1996
Game Theory and the First Amendment: Strategic Implications of Freedom of the Press
Timothy J. Brennan
Toward a Competitive Telecommunication Industry: Selected Papers from the 1994 Telecommunications Policy Research Conference | G. Brock, ed. | New York, NY: Lawrence Erlbaum | 1995
A Methodological Assessment of Multiple Utility Frameworks
Timothy J. Brennan
The Philosophy and Methodology of Economics | B. Caldwell, ed. | Cheltenham, U.K.: Edward Elgar Publishing, Ltd. | 1993
Timothy J. Brennan
Magill's Survey of Social Science: Economics | Pasadena, CA: Salem Press | 1991
Monopolies: Regulation
Timothy J. Brennan
Magill's Survey of Social Science: Economics | Pasadena, CA: Salem Press | 1991
The Trouble With Norms
Timothy J. Brennan
Social Norms and Economic Institutions | K. Koford and J. Miller, eds. | Ann Arbor, MI: University of Michigan Press | 1991
Regulating by Capping Prices
Timothy J. Brennan
Price Caps and Incentive Regulation in Telecommunications | M. Einhorn, ed. | Norwell, MA: Kluwer Academic Press | 1991
Issues of International Trade
Timothy J. Brennan
After the Break-Up: Assessing the New Post-AT&T Divestiture Era | B. Cole, ed. | New York, NY: Columbia University Press | 1991
Entry and Welfare Loss in Regulated Industries
Timothy J. Brennan
Competition and the Regulation of Utilities | M. Crew, ed. | Norwell, MA: Kluwer Academic Publishers | 1990
Raising Rivals Costs—Advice for the Practitioner
Timothy J. Brennan
Manual on the Economics of Antitrust Law | 1988
Mistaken Elasticities and Misleading Rules
Timothy J. Brennan
Economic Analysis and Antitrust Law | T. Calvani and J. Siegfried, eds. | Boston, MA: Little Brown | 1988
Obama Stresses Energy Investment but Policy Battles Loom
Wednesday, February 25, 2009
Smooth the Path to Electric Deregulation
Thursday, April 03, 2008
Financial Post
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