Borenstein Photo #1 (formal headshot)
Borenstein Photo #2 (another formal headshot)
Borenstetin Photo #3 (Haas headshot)
Borenstein Photo #4 (formal, speaking)
Borenstein Photo #5 (formal, listening somewhat skeptically)
Borenstein Photo #6 (less formal, jacket, no tie)
Borenstein Photo #7 (much less formal)
Borenstein Photo #8 (very informal, walking in the UK)
SHORT
BIO FOR SEVERIN BORENSTEIN
Severin Borenstein is Professor of the Graduate School in the Economic Analysis and Policy Group at the Haas School of Business and Faculty Director of the Energy Institute at Haas. He is also Director emeritus of the University of California Energy Institute (1994-2014). He received his A.B. from U.C. Berkeley and Ph.D. in Economics from M.I.T. His research focuses on business competition, strategy, and regulation. He has published extensively on the airline industry, the oil and gasoline industries, and electricity markets. His current research projects include the economics of renewable energy, economic policies for reducing greenhouse gases, alternative models of retail electricity pricing, and competitive dynamics in the airline industry. Borenstein is also a research associate of the National Bureau of Economic Research in Cambridge, MA. He served on the Board of Governors of the California Power Exchange from 1997 to 2003. During 1999-2000, he was a member of the California Attorney General's Gasoline Price Task Force. In 2010-11, Borenstein was a member of U.S. Secretary of Transportation Ray LaHood's Future of Aviation Advisory Committee. In 2012-13, he served on the Emissions Market Assessment Committee, which advised the California Air Resources Board on the operation of California’s Cap and Trade market for greenhouse gases. In 2014, he was appointed to the California Energy Commission’s Petroleum Market Advisory Committee, which he chaired from 2015 until the Committee was dissolved in 2017. From 2015-2020, he served on the Advisory Council of the Bay Area Air Quality Management District. In 2019, he was appointed to the Governing Board of the California Independent System Operator.
LONG BIO FOR SEVERIN BORENSTEIN
Severin Borenstein is Professor of the Graduate School in the Economic Analysis and Policy Group at the Haas School of Business and Faculty Director of the Energy Institute at Haas. He is an affiliated professor in the Agricultural and Resource Economics department and the Energy and Resources Group at UC Berkeley. He is also Director emeritus of the University of California Energy Institute. Borenstein has been a research associate of the National Bureau of Economic Research (NBER), in Cambridge, MA, since 1992 and served as co-Director of NBER's research project on e-commerce in 1999-2000. Prior to coming to Haas in 1996, he taught at the University of Michigan and University of California at Davis. He has won awards for undergraduate and graduate teaching, and in 2005 received U.C. Berkeley's Distinguished Faculty Mentor Award for graduate student mentoring.
Borenstein's research focuses broadly on business competition, strategy, and regulation. He has published extensively on airline, oil and gasoline, and electricity markets, as well as on insurance, e-commerce, mining, natural gas, and other industries. Borenstein's recent research has focused on competition and profitability in the airline industry, the impact of oil prices on gasoline markets, alternative models of retail electricity pricing, and the economics of renewable energy and climate change. He is a past editor of the Journal of Industrial Economics, past associate editor of The Review of Economics and Statistics and past member of the editorial boards of American Economic Journal: Economic Policy, Journal of Economic Literature, and Journal of the Association of Environmental and Resource Economists.
During 1997-2003, Borenstein was a member of the Governing Board of the California Power Exchange. He served on the California Attorney General's gasoline price taskforce in 1999-2000. In 2010-11, Borenstein was a member of U.S. Secretary of Transportation Ray LaHood's Future of Aviation Advisory Committee. In 2012-13, he served on the Emissions Market Assessment Committee, which advised the California Air Resources Board on the operation of California’s Cap and Trade market for greenhouse gases. In 2014, he was appointed to the California Energy Commission’s Petroleum Market Advisory Committee, which he chaired from 2015 until the Committee was dissolved in 2017. For 2015-2020, he served on the Advisory Council of the Bay Area Air Quality Management District. In 2019, he was appointed to the Governing Board of the California Independent System Operator.
Borenstein has received the 2005 Distinguished Service Award from the Public Utility Research Center at the University of Florida, the Power Association of Northern California’s 2014 Achievement Award, the Industrial Organization Society’s 2015 Distinguished Fellow Award and the International Association for Energy Economics’ 2015 Award for Outstanding Contributions to the Profession.
Borenstein is the creator of the Competitive Strategy Game, a simulation of business economic decision making for economics and business courses. Since the first CSG version in 1994, it has been used at more than 90 colleges and universities in over 20 countries by more than 40,000 students. He is also the co-creator of the Electricity Strategy Game -- a simulation of business decision making in wholesale electricity markets and tradable emissions permit markets -- and the OPEC Game -- a simulation of output decisions by oil-producing countries. All educational software he has created is available free of charge to instructors at non-profit colleges and universities.
Borenstein grew up in Oakland and Berkeley, California, where he attended public schools and graduated from Berkeley High School. He received his undergraduate degree from U.C. Berkeley and Ph.D. in economics from MIT.
More information is available at http://borenstein.berkeley.edu
