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15 Results
Transmission towers against a sunset.
Engineers and Economists Prize Efficiency, but Nature Favors Resilience — Lessons From Texas, COVID-19 and the 737 Max
Baker Institute Rice Faculty Scholar and University Professor Moshe Vardi analyzes three recent crises — the 2021 winter storm in Texas, the COVID-19 pandemic and the Boeing 737 Max software failure — that highlight the cost of valuing efficiency over resilience and provide lessons for bringing society into balance.
Moshe Vardi May 19, 2021
Electric Cooperatives, the Lone Shining Utility Star of the Texas 2021 Winter Storm
Texans served by regulated electricity markets, especially by electric cooperatives, were much more satisfied with their providers’ performance during Winter Storm Uri than those in deregulated markets. In this post for the Baker Institute Blog, the authors offer possible explanations for the contrast in favorability.
Mark P. Jones, Pablo M. Pinto, Renee Cross, Kirk P. Watson May 11, 2021
An engineering student types on a laptop.
Where Have All the Domestic Graduate Students Gone?
University Professor Moshe Vardi condemns the actions taken by the U.S. government to restrict the immigration of technical workers into the country but also questions why the U.S. has become so dependent on international students as the major workforce for its academic science and engineering research enterprise. Baker Institute Blog: https://bit.ly/3llmHg2
Moshe Vardi October 6, 2020
Graph of stock market downturn with coronavirus superimposed
Four NOCs: Facing the Current Demand Destruction
The oil glut and the unprecedented drop in demand, along with plummeting oil prices due to the coronavirus pandemic, is revealing the strengths and weaknesses of oil firms globally. The authors consider four NOCs — Ecopetrol, Petrobras, Petronas and Pemex — in the context of the current crisis.
Benigna Cortés Leiss, Adrian Duhalt May 20, 2020