Research Interests:

Weather risk management, performance of electricity markets, the impact of regulation

Teaching Interests:

Environmental economics, strategic business, and weather risk management

Dr. Kleit's role in the department is to research and teach the interaction of weather and economic markets. His current research is focused on weather risk management and electricity markets. His teaching interests include weather risk management and the economic implications of weather. Dr. Kleit is the Professor-In-Charge of the EMS College’s undergraduate major in Energy Business and Finance, and the minor in Global Business Strategy.

Selected Publications:

“A Laboratory Study of the Benefits of Including Uncertainty Information in Weather Forecasts,” (with Roulston, Bolton, and Sears-Collins), Weather and Forecasting, 21 (February 2006) 116-122.

“Impacts of Long-Range Increases in the Corporate Average Fuel Economy (CAFE) Standard,” Economic Inquiry 42:2 (April 2004) 279-294.

“The Art of the Deal: The Merger Settlement Process at the Federal Trade Commission” (with Malcolm B. Coate), Southern Economics Journal. 70:4 (2004). 977–997.

“Measuring Potential Efficiency Gains from Deregulation of Electricity Generation: A Bayesian Approach” (with M. Dek Terrell), Review of Economics and Statistics, 83:3 (August 2001) 523-530.

“Are Vertical Restraints Anti- or Pro-competitive? Lessons from Interstate Circuit” (with David A. Butz), Journal of Law and Economics 44:1 (April 2001) 131-160.

Last Updated: November 3, 2006

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