Carnegie Mellon University

Short Videos


Rim Baltaduonis, Experiments Part 2

Professor Baltaduonis describes how experimental economics is used for policy decision-making in both a U.S. and international context.

Rim Baltaduonis, Experiments Part 1

Professor Baltaduonis explains experimental economics and how it helps us understand economic decision-making.

Lynne Kiesling, Prices & Knowledge

IRLE's Lynne Kiesling discusses where market prices come from and how they create information.

Doug Sicker, Electricity Fundamentals

In this short video, IRLE's Doug Sicker discusses the electricity fundamentals.


Raymond Gifford,
The Five Prisms to Economics

IRLE co-founder Ray Gifford defines and describes the IRLE’s five prisms, the framework for our analyses of regulatory law & economics

Video Interviews


Lynne Kiesling and Jennifer Huddleston discuss soft law approaches to technology regulation, from her 2018 Colorado Technology Law Journal article, Soft Law for Hard Problems: The Governance of Emerging Technologies in an Uncertain Future.


Ray Gifford and Lynne Kiesling discuss FERC Order 2222 enabling DER aggregator participation in wholesale power markets and the FERC Broadview Solar (Montana) QF decision

Summer 2020 Videos

Doug Sicker, Network Performance and COVID

Professor Sicker analyzes how the internet performed in the first few months of the COVID-19 pandemic, and how the internet has enabled extensive increases in online activity with more remote work and education

Raymond Gifford, White Paper

IRLE co-founder Ray Gifford discusses his April 2020 white paper (with Tony Clark and Matt Larson), COVID-19 and Critical Infrastructure: An Agenda for Decisive State Regulatory Action

Additional Faculty Videos

Professor Kiesling discusses the implications of the recent digital transformation on the organizational arrangements in existing utility business models and on the regulatory architecture of the electricity market.

Using the example of the evolution in the 1990s from the vertically-integrated firm into competitive wholesale power markets in the US, Professor Kiesling discusses how digital technology lowers transaction costs, shifting organizational structure from vertical integration to markets/contracts.

Professor Kiesling provides a historical perspective on how the competition for the U.S. electricity market, innovation and the energy industry transformation has been shaped by U.S. intellectual property systems and state regulation.