James Bushnell


  • Ph.D., Industrial Engineering and Operations Research, University of California, Berkeley, 1993
  • M.S., Operations Research, University of California, Berkeley, 1990
  • B.S., Industrial Engineering, University of Wisconsin, Madison, 1989


James Bushnell is an associate professor in the Department of Economics at the University of California, Davis, and a Research Associate of the National Bureau of Economic Research. Prior to joining UC Davis, he spent 15 years as the Research Director of the University of California Energy Institute in Berkeley, and two years as the Cargill Chair in Energy Economics at Iowa State University. Professor Bushnell has been actively involved in energy and environmental policy for more than a decade. Since 2002, he has served as a member of the Market Surveillance Committee (MSC) of the California Independent System Operator (CAISO).

Research Focus

Professor Bushnell’s research focuses on energy and environmental economics, industrial organization and regulation, and energy policy.

Selected Publications

  • Bushnell, J., and S. Borenstein. "The U.S. Electricity Industry After 20 Years of Restructuring." Annual Review of Economics (forthcoming).
  • Bushnell, J., H. Chong, and E. Mansur. "Profiting from Regulation: An Event Study of the EU Carbon Market." American Economic Journal: Economic Policy 5.4 (November 2013).
  • Bushnell, J., and Y. Chen. "Regulation, Allocation and Leakage in Cap-and-Trade Markets for CO2." Resource and Energy Economics 34.4 (September 2012): 647–668.
  • Bushnell, J. B., and C. Wolfram. "The Economic Effects of Vintage Differentiated Regulations: The Case of New Source Review." Journal of Environmental Economics and Management 64.1 (September 2012).
  • Bushnell, J., E. Mansur, and C. Saravia. "Vertical Arrangements, Market Structure, and Competition: An Analysis of U.S. Restructured Electricity Markets." American Economic Review 98.1 (March 2008).


James Bushnell teaches courses in intermediate microeconomics, energy economics and graduate industrial organization.