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151 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