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Prof. Catherine D Wolfram
William F Pounds Professor of Applied Economics
Primary DLC
MIT Sloan School of Management
MIT Room:
E62-514
(617) 258-5728
cwolfram@mit.edu
https://mitsloan.mit.edu/faculty/directory/catherine-wolfram
Assistant
Maeve Downey
(617) 258-6926
downeym@mit.edu
Research Summary
Much of Wolfram’s research focuses on energy markets. Her recent work includes papers on price caps and Russian oil exports and the economic implications of climate provisions under the Inflation Reduction Act.
Professor Wolfram studies default effects in the context of a residential electricity-pricing program. She analyzes a large-scale randomized controlled trial in which one treatment group was given the option to opt-in to time-varying pricing while another was defaulted into the program but allowed to opt-out. This provides dramatic evidence of a default effect on program participation, consistent with previous research. A novel feature of the study is that it observes how the default manipulation impacts customers’ subsequent electricity consumption.
Recent Work
Related Faculty
Bill C Garrett
Senior Associate Dean and Chief Administrative Officer
Prof. Michiel A Bakker
Assistant Professor
Dr. Irving Wladawsky
Visiting Lecturer