Jacques Lawarree

Castor Professor of Economics, University of Washington

Department of Economics
Box 353330, University of Washington
Seattle, WA 98195-3330

Email lawarree@uw.edu
Phone (206) 543-5632
ORCID 0000-0002-4806-6995

Employment

Current

Castor Professor of Economics, Department of Economics, University of Washington

Affiliation

1993–present

Member, European Centre for Advanced Research in Economics and Statistics (ECARES), Brussels, Belgium

Education

1990

Ph.D. in Economics, University of California, Berkeley

1984

B.A. and M.A. in Economics, University of Liège, Belgium

Publications

  1. “Rewarding Success and Failure: Moral Hazard and Adverse Selection in Strategic Experimentation,” Games and Economic Behavior, forthcoming 2026 (with Fahad Khalil and Alexander Rodivilov).
  2. “Honest Agents in a Corrupt Equilibrium,” Journal of Economics and Management Strategy, 2022 (with Alex Henke and Fahad Khalil).
  3. “Competitive Procurement with Ex Post Moral Hazard,” RAND Journal of Economics, 2021 (with Indranil Chakraborty and Fahad Khalil).
  4. “Learning from Failures: Optimal Contracts for Experimentation and Production,” Journal of Economic Theory, vol. 190, 2020 (with Fahad Khalil and Alexander Rodivilov).
  5. “Use It or Lose It,” Journal of Public Economic Theory, 2019 (with Fahad Khalil and Doyoung Kim).
  6. “Private Monitoring, Collusion and the Timing of Information,” RAND Journal of Economics, 2015 (with Fahad Khalil and Troy Scott).
  7. “Contracts Offered by Bureaucrats,” RAND Journal of Economics, vol. 44, no. 4, 2013 (with Fahad Khalil and Doyoung Kim).
  8. “State-of-the-Art of Electricity Price Forecasting in a Grid Environment,” in Handbook of Power Systems, Springer-Verlag, Berlin Heidelberg, 2012 (with Guang Li and Chen-Ching Liu).
  9. “Bribery vs. Extortion: Allowing the Lesser of Two Evils,” RAND Journal of Economics, vol. 41, no. 1, Spring 2010 (with Fahad Khalil and Sungho Yun).
  10. “On the Information Gathering Role of Firm-Sponsored Training for New Hires,” Journal of Institutional and Theoretical Economics, vol. 165, no. 2, June 2009 (with Doyoung Kim).
  11. “Day-Ahead Electricity Price Forecasting in a Grid Environment,” IEEE Transactions on Power Systems, vol. 22, no. 1, February 2007 (with Guang Li, Chen-Ching Liu and Chris Mattson).
  12. “Incentives for Corruptible Auditors in the Absence of Commitment,” Journal of Industrial Economics, vol. 54, no. 2, June 2006 (with Fahad Khalil).
  13. “State-of-the-Art of Electricity Price Forecasting,” CIGRE/IEEE PES, October 2005 (with Guang Li, Chen-Ching Liu, M. Gallanti and A. Venturini).
  14. “Organizational Flexibility and Co-operative Task Allocation among Agents,” Journal of Institutional and Theoretical Economics, vol. 161, no. 4, 2005 (with Dongsoo Shin).
  15. “Exit Option in Hierarchical Agency,” International Journal of Industrial Organization, vol. 22, no. 8–9, 2004 (with Doyoung Kim and Dongsoo Shin).
  16. “Optimization Techniques for Available Transfer Capability (ATC) and Market Calculations,” Journal of Management Mathematics, vol. 15, no. 4, 2004 (with Sung-Kwan Joo, Chen-Ching Liu, Yanfang Shen and Zelda Zabinsky).
  17. “Global Optimization in an Electricity Market Environment,” Proceedings of IEEE PowerTech, Bologna, 2003 (with Chen-Ching Liu, Yanfang Shen and Zelda Zabinsky).
  18. “Risk Assessment in Energy Trading,” IEEE Transactions on Power Systems, vol. 18, no. 2, May 2003 (with Robert Dahlgren and Chen-Ching Liu).
  19. “The Structure of Inshore Cooperatives and the Distribution of Net Benefits under the American Fisheries Act,” Proceedings of the North American Fishery Economics Forum, 2003 (with Robert Halvorsen and Fahad Khalil).
  20. “Hedging with Futures Contracts in a Deregulated Electricity Industry,” IEEE Transactions on Power Systems, vol. 17, no. 3, August 2002 (with Eva Tanlapco and Chen-Ching Liu).
  21. “A Theory of Incentives in Procurement and Regulation” (in French), in X. Greffe, J. Lallement and M. de Vroey (eds.), Dictionnaire des grandes œuvres économiques, Dalloz, Paris, 2002.
  22. “Nash Equilibrium Strategies in a Bilateral Electricity Market,” IEEE Transactions on Power Systems, vol. 17, no. 1, February 2002 (with Chen-Ching Liu and Haili Song).
  23. “Catching the Agent on the Wrong Foot: Ex Post Choice of Monitoring,” Journal of Public Economics, vol. 82, pp. 327–347, 2001 (with Fahad Khalil).
  24. “Volatility in the California Power Market: Source, Methodology and Recommendations,” IEE Proceedings – Generation, Transmission and Distribution, vol. 148, no. 2, March 2001 (with Chen-Ching Liu and Robert Dahlgren).
  25. “Corruption in Organizations” (in French), in B. Jurion and P. Pestieau (eds.), Finances publiques, finances privées, Liège University Press, 2000.
  26. “Optimal Electricity Supply Bidding by Markov Decision Process,” IEEE Transactions on Power Systems, vol. 15, no. 2, May 2000 (with Haili Song, Chen-Ching Liu and Robert Dahlgren).
  27. “Analysis of Electricity Market Rules and their Effects on Strategic Behavior in a Noncongestive Grid,” IEEE Transactions on Power Systems, vol. 15, no. 1, February 2000 (with Karl Seeley and Chen-Ching Liu).
  28. “New Methods for Electric Energy Contract Decision Making,” Proceedings of the International Conference on Electric Utility Deregulation and Restructuring and Power Technologies, 2000 (with Chen-Ching Liu, Haili Song and Robert Dahlgren).
  29. “Financial Risk Management in a Competitive Electricity Market,” IEEE Transactions on Power Systems, vol. 14, no. 4, November 1999 (with Roger Bjorgan and Chen-Ching Liu).
  30. “Using Market Simulation to Manage Price Risk in a Centrally Cleared Market,” Proceedings of the IEEE Power Engineering Society Summer Meeting, vol. 2, 1999 (with Robert Dahlgren and Chen-Ching Liu).
  31. “Coupling Market Clearing with Congestion Management to Prevent Strategic Bidding,” Proceedings of the IEEE Power Engineering Society Summer Meeting, vol. 2, 1999 (with Karl Seeley and Chen-Ching Liu).
  32. “Decision Making of an Electricity Supplier’s Bid in a Spot Market,” Proceedings of the IEEE Power Engineering Society Summer Meeting, vol. 2, 1998 (with Haili Song and Chen-Ching Liu).
  33. “Optimal Contract, Imperfect Output Observation and Limited Liability,” Journal of Economic Theory, vol. 71, no. 2, pp. 514–531, November 1996 (with Marc Van Audenrode).
  34. “On the Optimality of Allowing Collusion,” Journal of Public Economics, vol. 61, pp. 383–407, 1996 (with Alfredo Kofman).
  35. “A Prisoner’s Dilemma Model of Collusion Deterrence,” Journal of Public Economics, vol. 59, no. 1, pp. 117–136, January 1996 (with Alfredo Kofman).
  36. “Input Monitoring versus Output Monitoring: Who is the Residual Claimant,” Journal of Economic Theory, vol. 66, no. 1, pp. 139–157, June 1995 (with Fahad Khalil).
  37. “Collusive Auditors,” American Economic Review (Papers and Proceedings), vol. 85, no. 2, pp. 442–446, May 1995 (with Fahad Khalil).
  38. “Collusion in Hierarchical Agency,” Econometrica, vol. 61, no. 3, pp. 629–656, May 1993 (with Alfredo Kofman).
  39. “Cost Observation, Auditing and Limited Liability,” Economics Letters, vol. 39, pp. 419–423, August 1992 (with Marc Van Audenrode).
  40. “Managerial Incentives in Public Firms” (in French), Annals of Public and Cooperative Economy, vol. 61, no. 4, pp. 469–488, December 1990.
  41. “Collusion and Audit of Public Firms” (in French), Annals of Public and Cooperative Economy, vol. 60, no. 2, pp. 217–227, April–June 1989.
  42. “Productivity, Cost and Technological Characteristics of Belgian Urban Transportation Firms” (in French), Annals of Public and Cooperative Economy, vol. 58, no. 4, pp. 369–396, December 1987 (with B. Thiry). Also published as “Analyse des coûts et de la productivité des sociétés de transports urbains par l’estimation de fonctions de coût,” in B. Thiry and H. Tulkens (eds.), La performance économique des sociétés belges de transports urbains, CIRIEC Éditions, Liège, 1988.
  43. “An Empirical Comparison of the Performance of Public and Private Firms: The Case of Refuse Collection in Belgium” (in French), Cahiers Économiques de Bruxelles, no. 109, pp. 3–31, 1986.