Publications

Google Scholar Link: Benjamin Hobbs

Books and Book Reviews

Edited Proceedings and Special Issues

Journal Article

  1. Energy Systems & Economics
  2. Multiobjective Analysis
  3. Ecological Restoration & Water Resources
  4. General Economics & Operations Research Methodology

Recent Presentations

Written Testimony and CAISO Market Surveillance Committee Opinions

Citations

Books & Book reviews

S.A. Gabriel, A.J. Conejo, J.D. Fuller, B.F. Hobbs, and C. Ruiz, Complementarity Modeling in Energy Markets, Springer-Verlag, International Series in Operations Research and Management Science, Heidelberg/Dordrecht/London, 2012, 629 pp.

Committee on Changes in New Source Review Programs for Stationary Sources of Air Pollutants, New Source Review for Stationary Sources of Air Pollution, National Academies Press, Washington, DC, 2006.

B.F. Hobbs, M.H. Rothkopf, R.P. O'Neill, and H.-p. Chao, eds., The Next Generation of Electric Power Unit Commitment Models, International Series in Operations Research & Management Science, Kluwer Academic Publishers, Boston/Dordrecht/ London, 2001, 319 pp.

B.F. Hobbs and P. Meier, Energy Decisions & The Environment: A Guide to the Use of Multicriteria Methods, International Series in Operations Research & Management Science, Kluwer Academic Publishers, Boston/ Dordrecht/London, 2000, 257 pp.

B.F. Hobbs, Review of "Climate Change and Common Sense: Essays in Honour of Tom Schelling," edited by Robert Hahn and Alistar Ulph (Oxford U. Press, 2012), Economics of Energy & Environmental Policy, November 2013.

Edited Proceedings and Special Issues

B.F. Hobbs, ed., Energy in the 90's, Specialty Conference of the Energy Division, American Society of Civil Engineers, New York, NY, April 1991.

A. Conejo and B.F. Hobbs, eds., “Special Issue on Transmission Investment, Pricing, and Construction”, IEEE Transactions on Power Systems, 22(4), Nov. 2007

B.F. Hobbs and E. Litvinov, eds., “Foreword to the Special Section on Electricity Market Operations,” IEEE Transactions on Power Systems, Jan. 2014

Y. Ding, C. Kang, J. Wang, Y. Chen and B.F. Hobbs. Eds., “Foreword to the Special Section on Power System Planning and Operation towards a Low-Carbon Economy,” IEEE Transactions on Power Systems, 30(2), March, 2015, 1015-1016.

Journal Articles

1. Energy Systems & Economics

Q. Xu, B. Hobbs, Economic Value of Model Enhancement in Transmission Planning Optimization (Working paper submitted to IEEE Transactions on Power Systems).

Q. Xu, B. Hobbs, JHSMINE formulation V1 (prepared for WECC project and the manuscript submitted to IEEE Transactions on Power System, titled: Economic Value of Model Enhancement in Transmission Planning Optimization).

R. B. Hytowitz, R. P. O’Neill, B. Eldridge, and A. Castillo, Multi-Period Dual Pricing Algorithm in Non-Convex ISO Markets (Working paper).

Value of Flexible Resources, Virtual Bidding, and Self-Scheduling in Two-Settlement Electricity Markets With Wind Generation-Part I, J Kazempour, B Hobbs - IEEE Transactions on Power Systems, 2017.

C. Bothwell and B.F. Hobbs, Crediting Renewables in Electricity Capacity Markets: The Effects of Alternative Definitions upon Market Efficiency. Online Appendix A

H. Xing, Z. Lin, M. Fu, and B.F. Hobbs, Distributed Algorithm for Dynamic Economic Power Dispatch with Energy Storage in Smart Grids, IET Transactions on Control Theory and Applications, 2017.

C. Bothwell and B.F. Hobbs, Crediting Renewables in Electricity Capacity Markets: The Effects of Alternative Definitions upon Market Efficiency, The Energy Journal, accepted.

G. Morales-Espana, L. Ramirez-Elizondo, and B.F. Hobbs, and Hidden Power System Inflexibilities Imposed by Traditional Unit Commitment Formulations, Applied Energy, 191(1), April 2017, 223–238, 10.1016/j.apenergy.2017.01.089.

E. Spyrou; J. Ho; B. Hobbs; R. Johnson; J. McCalley, "What are the Benefits of Co-optimizing Transmission and Generation Investment? Eastern Interconnection Case Study", forthcoming in IEEE Transactions on Power Systems , doi: 10.1109/TPWRS.2017.2660249


K. van den Burgh, R. Broder-Hytowitz, K. Bruninx, E. Delarue, W. D'haeseleer, and B.F. Hobbs, "Benefits of coordinating sizing, allocation and activation of reserves among market zones," Electric Power Systems Research, 143: 140–148, Feb. 2017


R.J.A.M. Stevens, B.F. Hobbs, A. Ramos, and C. Meneveau, “Combining economic and fluid dynamic models to determine the optimal spacing in very large wind farms,” Wind Energy, 20(3): 465-477, March 2017, DOI: 10.1002/we.2016.


T. Brijs, R. Belmans, B.F. Hobbs, and S. Siddiqui, “Price-based unit commitment electricity storage arbitrage with piecewise linear price-effects,” Journal of Energy Storage, 7: 52-62, August 2016.

H. Guo, B.F. Hobbs, M.E. Lasater, C.L. Parker, and P.J. Winch, “System Dynamics-based Evaluation of Interventions to Promote Appropriate Waste Disposal Behaviors in Low-Income Urban Areas: A Baltimore Case Study,” Waste Management, 56, Oct. 2016, 547-560.

C. LoPrete and B.F. Hobbs, “A cooperative game theoretic analysis of incentives for microgrids in regulated electricity markets,” Applied Energy, 169, 1 May 2016, 524–541.

E. Shayesteh, B.F. Hobbs, and M. Amelin, “Scenario Reduction, Network Aggregation, and DC Linearization: Which Simplifications Matter Most in Operations and Planning Optimization?”, IET Generation, Transmission, and Distribution, 10(11), Aug. 2016, 2748-2755.

D.A. Schiro, B.F. Hobbs, and J.-S. Pang, “Perfectly Competitive Capacity Expansion Games with Risk- Averse Participants,” Computational Optimization and Applications, 65(2), Nov. 2016, 511-539.

A.P. Perez, E.E. Sauma, F.D. Munoz, and B.F. Hobbs, "The Economic Effects of Interregional Trading of Renewable Energy Certificates in the WECC," The Energy Journal, 37(4), 2016, 267-296.

V. Prava, R.T. Clemen, B.F. Hobbs, and M. Kenney, “Partition Dependence and Carryover Biases in Subjective Probability Assessment Surveys for Continuous Variables: Model-based Estimation and Correction”, Decision Analysis, 13(1), March 2016, pp. 51-67.

A. Christensen and B.F. Hobbs, A Model of State and Federal Biofuel Policy: Feasibility Assessment of the California Low Carbon Fuel Standard, Applied Energy, 169, May 2016, 799-812.

P.C. Bhagwat, L.J. deVries, and B.F. Hobbs, “Expert survey on capacity markets in the US: Lessons for the EU”, Utilities Policy, 38, Feb. 2016, 1-17.

V. Krishnan, J. Ho, B.F. Hobbs, A.L. Liu, J.D. McCalley, M. Shahidehpour, Q.P. Zheng, Co-optimization of electricity transmission and generation resources for planning and policy analysis: review of concepts and modeling approaches, Energy Systems, 7(2), May 2016, 297-332.

O. Ozdemir, F. Munoz, J. Ho, and B.F. Hobbs, “Economic Analysis of Transmission with Demand Response and Quadratic Losses by Successive LP”, IEEE Transactions on Power Systems, 31(2), 2016, 1096-1107.

F.D. Munoz, B.F. Hobbs, and J.-P. Watson, New Bounding and Decomposition Approaches for MILP Investment Problems: Multi-Area Transmission and Generation Planning Under Policy Constraints, Euro. J. of Operational Research, 248(3), 1 February 2016, 888-898.


Munoz, Francisco D., Jean-Paul Watson, and Benjamin F. Hobbs. "Optimizing your options: Extracting the full economic value of transmission when planning under uncertainty." The Electricity Journal 28.5 (2015): 26-38.

F. D. Munoz, B. F. Hobbs, and J. -P. Watson, New Bounding and Decomposition Approaches for MILP Investment Problems: Multi-Area Transmission and Generation Planning Under Policy Constraints," European Journal of Operational Research.

C. Ruiz, A. Conejo, D. Fuller, S.A. Gabriel, and B.F. Hobbs, A Tutorial Review of Complementarity Models for Decision Making in Energy Markets, EURO Journal on Decision Processes

R.K. Smith and B.F. Hobbs, “Biomass Electricity Plant Allocation through Non-Linear Modeling and Mixed Integer Optimization,” J. Renewable and Sustainable Energy,5, 053118, 2013; doi: 10.1063/1.4819493.

K. Neuhoff, R. Boyd, T. Grau, J. Barquin, F. Echavarren,J. Bialek, C. Dent, C. Von Hirschhausen, B.F. Hobbs, F. Kunz, H. Weigt, C. Nabe, G. Papaefthymiou, and C. Weber, "Renewable Electric Energy Integration: Quantifying the Value of Design of Markets for International Transmission Capacity" Energy Economics

J. Hargreaves, B.F. Hobbs, “Metamodeling of Input-Output Relationships for Complex Power Market Models,” Energy Systems, 4(1), 25-45, March 2013, DOI 10.1007/s12667-012-0064-y.

F. Munoz, E. Sauma, and B.F. Hobbs, “Approximations in power transmission planning: implications for the cost and performance of renewable portfolio standards,” Journal of Regulatory Economics, 43(3), 2013, 305-338, DOI: 10.1007/s11149-013-9209-8.

S. Wogrin, B.F. Hobbs, D. Ralph, E. Centeno, and J. Barquin, Open versus closed loop capacity equilibria in electricity markets under perfect and oligopolistic competition, Mathematical Programming B, 140(2), 295-322, 2013.

A. Liu and B.F. Hobbs, Tacit Collusion Games in Pool-Based Electricity Markets under Transmission Constraints, Mathematical Programming B, 140(2), 2013, 351-379.

C.-K. Chyong and B.F. Hobbs, Strategic Eurasian Natural Gas Model for Energy Security and Policy Analysis, Working Paper, EPRG and Dept. of Economics, University of Cambridge.

J.J. Hargreaves and B.F. Hobbs, Commitment and Dispatch with Uncertain Wind Generation by Dynamic Programming, IEEE Transactions on Sustainable Energy, 3(4), 2012, 724-734.

D. Eager, B.F. Hobbs, J. Bialek, "Dynamic Long-Term Modelling of Generation Capacity Investment and Capacity Margins: a GB Market Case Study," IEEE Transactions on Power Systems, 27(4), Nov. 2012, 2127-2137.

J. Sijm, Y. Chen, and B.F. Hobbs, The impact of power market structure on CO2 cost pass-through to electricity prices under quantity competition - A theoretical approach, Energy Economics, in press, doi: 10.1016/j.eneco.2011.10.002

A.H. van der Weijde and B.F. Hobbs, The Economics of Planning Electricity Transmission to Accommodate Renewables: Using Two-Stage Optimisation to Evaluate Flexibility and the Cost of Disregarding Uncertainty, Energy Economics, in press, doi:10.1016/j.eneco.2012.02.015

C. De Jonghe, B.F. Hobbs, and R. Belmans, “Optimal generation mix with short-term demand response and wind penetration,” IEEE Transactions on Power Systems, May 2012, 27(2), 830-839.

C. LoPrete, B.F. Hobbs, C. Norman, M. Spakovsky, S. Cano-Andrade, L. Mili, “Sustainability and Reliability Assessment of Microgrids in a Regional Electricity Market”, Energy, 41, 2012, pp. 192-202.

M. Bazilian, B.F. Hobbs, W. Blyth, I. MacGill, and M. Howells, "Interactions between energy security and climate change: A focus on developing countries," Energy Policy, 39(6), pp. 3750-3756, June 2011.

R. Baldick, J. Bushnell, B.F. Hobbs, and F.A. Wolak, Optimal Charging Arrangements for Energy Transmission: Final Report, Report Prepared for and Commissioned by Project Transmit, Great Britain Office of Gas & Electricity Markets, London, May 1, 2011.

van der Weijde, A.H., Hobbs, B.F. (2011). Locational-based Coupling of Electricity Markets: Benefits from Coordinating Unit Commitment and Balancing Markets. Journal of Regulatory Economics.

Karsten Neuhoff & Benjamin F. Hobbs & David Newbery, 2011. "Congestion Management in European Power Networks: Criteria to Assess the Available Options," Discussion Papers of DIW Berlin 1161, DIW Berlin, German Institute for Economic Research.  

Karsten Neuhoff & Rodney Boyd & Thilo Grau & Julian Barquin & Francisco Echavarren & Janusz Bialek & Chris Dent & Christian von Hirschhausen & Benjamin Hobbs & Friedrich Kunz & Hannes Weigt & Christia, 2011. "Renewable Electric Energy Integration: Quantifying the Value of Design of Markets for International Transmission Capacity," Discussion Papers of DIW Berlin 1166, DIW Berlin, German Institute for Economic Research.  

Dent, C.J., Bialek, J.W., Hobbs, B.F. (2011). Opportunity Cost Bidding by Wind Generators in Forward Markets: Analytical Results. IEEE Transactions on Power Systems.

Chen, Y., Liu, A., Hobbs, B.F. (2011). Economic and Emissions Implications of Load-based, Source-based and First-seller Emissions Trading Programs under California AB32. Operations Research.

M.-C. Hu and B.F. Hobbs, "Analysis of Multipollutant Policies for the U.S. Power Sector under Technology and Policy Uncertainty using MARKAL", Energy: The International Journal, 35, 2010, 5430-5442, doi:10.1016/j.energy.2010.07.001.

Fan, L., Hobbs, B., Norman, C. (2010). Risk aversion and CO2 regulatory uncertainty in power generation investment: Policy and modeling implications. Journal of Environmental Economics and Management. 193-208.

Ruth, M., Blohm, A., Mauer, J., Gabriel, S., Kesana, V., Chen, Y., Hobbs, B., Irani, D. (2010). Strategies for carbon dioxide emissions reductions: Residential natural gas efficiency, economic, and ancillary health impacts in Maryland. Energy Policy. 6926-6935. (Full report here)

Paul, A., Palmer, K., Ruth, M., Hobbs, B., Irani, D., Michael, J., Chen, Y., Ross, K., Myers, E. (2010). The role of energy efficiency spending in Maryland's implementation of the Regional Greenhouse Gas Initiative. Energy Policy. 6820-6829. (Full report here)

M. Awad, K.E. Casey, A.S. Geevarghese, J.C. Miller, A.F. Rahimi, A.Y. Sheffrin, M. Zhang, E. Toolson, G. Drayton, B.F. Hobbs, and F.A. Wolak, "Using Market Simulations for Economic Assessment of Transmission Upgrades: Application of the California ISO Approach", Ch. 7, in X.-P. Zhang, Restructured Electric Power Systems: Analysis of Electricity Markets with Equilibrium Models, Power Engineering Series, J. Wiley & Sons/IEEE Press, July 2010, 241-270.

Hobbs, B., Hu, M., Chen, Y., Ellis, J., Paul, A., Burtraw, D., Palmer, K. (2010). From Regions to Stacks: Spatial and Temporal Downscaling of Power Pollution Scenarios. IEEE Transactions on Power Systems. 1179-1189.

Hobbs, B., Bushnell, J., Wolak, F. (2010). Upstream vs. downstream CO2 trading: A comparison for the electricity context. Energy Policy. 3632-3643.

J. Yao, S.S. Oren, and B.F. Hobbs, “Hybrid Bertrand-Cournot Models of Electricity Markets with Multiple Strategic Subnetworks and Common Knowledge Constraints,” Ch. 5, in X.-P. Zhang, Restructured Electric Power Systems: Analysis of Electricity Markets with Equilibrium Models, Power Engineering Series, J. Wiley & Sons/IEEE Press, 2010, 167-192.

Lise, W., Sijm, J., Hobbs, B. (2010). The Impact of the EU ETS on Prices, Profits and Emissions in the Power Sector: Simulation Results with the COMPETES EU20 Model. Environmental & Resource Economics. 23-44.

Green, R., Hobbs, B.F., Oren, S., Siddiqui, A. (2010). Policymaking benefits and limitations from using financial methods and modelling in electricity markets. Energy Economics. 32(4). 749-750.

Zhao, J., Hobbs, B., Pang, J. (2010). Long-Run Equilibrium Modeling of Emissions Allowance Allocation Systems in Electric Power Markets. Operations Research. 529-548.

Helman, U., Hobbs, B. (2010). Large-Scale Market Power Modeling: Analysis of the US Eastern Interconnection and Regulatory Applications. IEEE Transactions on Power Systems. 1434-1448.

J. Bushnell, B.F. Hobbs, and F, Wolak, When It Comes to Demand Response, Is the Federal Energy Regulatory Commission its Own Worst Enemy? The Electricity Journal, 22(8), pp. 9-18, October 2009.

R. Mookherjee, B.F. Hobbs, T.L. Friesz, and M.A. Ridgon, "Dynamic Oligopolistic Competition in an Electric Power Network and Impacts of Infrastructure Disruptions," J. Momoh and L. Mili, eds., Economic Market Design and Planning for Electric Power Systems, IEEE Press Series on Power Engineering, John Wiley & Sons/IEEE Press, 2009, Ch. 5, pp. 87-112.

Lise, W., Hobbs, B.F. (2009). A Dynamic Simulation of Market Power in the Liberalised European Natural Gas Market. The Energy Journal. 119-136.

Schulkin, J.Z., Hobbs, B.F., Pang, J.S. (2008). Long-Run Equilibrium Modeling of Alternative Emissions Allowance Allocation Systems in Electric Power Markets. Operations Research.

Chen, Y., Sijm, J., Hobbs, B., Lise, W. (2008). Implications of CO2 emissions trading for short-run electricity market outcomes in northwest Europe. Journal of Regulatory Economics. 34(3). 251-281.

Mookherjee, R., Hobbs, B.F., Friesz, T.L., Rigdon, M.A. (2008). Dynamic Oligopolistic Competition on an Electric Power Network with Ramping Costs and Joint Sales Constraints. Journal of Industrial and Management Optimization. 4(3). 425-452.

Lise, W., Hobbs, B.F., van Oostvoorn, F. (2008). Natural Gas Corridors between the EU and Its Main Suppliers: Simulation Results with the Dynamic GASTALE Model. Energy Policy. 36. 1890-1906.

Hu, M., Hobbs, B. (2008). Dynamic Analysis of Demand Curve Adjustment and Learning in Response to Generation Capacity Cost Dynamics in the PJM Capacity Market. 2008 IEEE Power & Energy Society General Meeting, VOLS 1-11. 3393-3398.

O'Neill, R., Fisher, E., Hobbs, B.F., and Baldick, R. (2008). Towards a Complete Real-time Electricity Market Design. Journal of Regulatory Economics. 34(3). 220-250.

Evans, D., Hobbs, B., Oren, C., Palmer, K. (2008). Modeling the effects of changes in new source review on national SO2 and NOx emissions from electricity-generating units. Environmental Science & Technology. 42(2). 347-353.

Hobbs, B., Drayton, G., Fisher, E., Lise, W. (2008). Improved transmission representations in oligopolistic market models: Quadratic losses, phase shifters, and DC lines. IEEE Transactions on Power Systems. 23(3). 1018-1029.

R.P. O'Neill, U. Helman, and B.F. Hobbs, " The Design of U.S. Wholesale Energy and Ancillary Service Auction markets: Theory and Practice," Ch. 5, in F.P. Sioshansi, Competitive Electricity Markets: Design, Implementation, Performance, Global Energy Policy and Economics Series, Elsevier, 2008.

Chen, Y., Hobbs, B.F., Ellis, J.H., Crowley, C., Joutz, F. (2008). Impacts of Climate Change on Power Sector NOx Emissions: A Long Run Analysis of the Mid-Atlantic Region. Working Paper.

Ruth, M., Gabriel, S., Palmer, K., Burtraw, D., Paul, A., Chen, Y., Hobbs, B., Irani, D., Michael, J., Ross, K., Conklin, R., Miller, J. (2008). Economic and energy impacts from participation in the regional greenhouse gas initiative: A case study of the State of Maryland. Energy Policy. 36(6). 2279-2289.

Hobbs, B.F., Hu, M.-C., Chen, Y., Ellis, J.H., Paul, A., Burtraw, D., Palmer, K.L. (2008). From Regions to Stacks: Spatial and Temporal Downscaling of Future Pollution Scenarios for the Power Sector. IEEE Transactions on Power Systems.

Lise, W., Hobbs, B. (2008). Future evolution of the liberalised European gas market: Simulation results with a dynamic model. Energy. 33(7). 989-1004.

Lise, W., Hobbs, B., Hers, S. (2008). Market power in the European electricity market - The impacts of dry weather and additional transmission capacity. Energy Policy. 36(4). 1331-1343.

Hobbs, B., Hu, M., Inon, J., Stoft, S., Bhavaraju, M. (2007). A dynamic analysis of a demand curve-based capacity market proposal: The PJM reliability pricing model. IEEE Transactions on Power Systems. 22(1). 3-14.

Hobbs, B.F., Pang, J.S. (2007). Nash-Cournot Equilbria in Electric Power Markets with Piecewise Linear Demand Functions and Joint Constraints. Operations Research. 55(1). 113-127.

Casey, K., Hobbs, B., Shirmohammadi, D., Wolak, F. (2007). Benefit-cost analysis of large-scale transmission for renewable generation: Principles & California Case Study. 2007 IEEE POWER ENGINEERING SOCIETY GENERAL MEETING, VOLS 1-10. 2929-2931.

B.F. Hobbs, "Independent System Operator is Not Always a Solution," Energie Nederland (Special Edition on the Northwest European Energy Market), Nov. 21 2006, 7.

R.P. O’Neill, U. Helman, B.F. Hobbs, and R. Baldick, “Independent system operators in the United States: History, lessons learned, and prospects,” Ch. 14, in F. Sioshansi and W. Pfaffenberger, Electricity Market Reform: An International Perspective, Global Energy Policy and Economics Series, Elsevier, 2006, pp. 479-528.

Hobbs, B. (2006). What are the effects of changes in new source review programs upon power sector emissions and costs?. 2006 POWER ENGINEERING SOCIETY GENERAL MEETING, VOLS 1-9. 4056-4058.

Chen, Y.-H., Hobbs, B.F., Munson, T., Leyffer, S. (2006). Leader-Follower Equilibria for Electric Power and NOx Allowances Markets. Computational Management Science. 3(4). 307-330.

Hobbs, B.F., Rijkers, F.A.M., Boots, M. (2005). The More Cooperation, The More Competition? A Cournot Analysis of the Benefits of Electric Market Coupling. The Energy Journal. 26(4). 69-97.

Neuhoff, K., Barquin, J., Boots, M., Ehrenmann, A., Hobbs, B., Rijkers, F., Vazquez, M. (2005). Network-constrained Cournot models of liberalized electricity markets: the devil is in the details. ENERGY ECONOMICS. 27(3). 495-525.

B.F. Hobbs and U. Helman, “Complementarity-Based Equilibrium Modeling for Electric Power Markets,” in D.W. Bunn (ed.), Modeling Prices in Competitive Electricity Markets, J. Wiley Series in Financial Economics, London, Ch. 3, 2004.

Chen, Y., Hobbs, B. (2005). An oligopolistic power market model with tradable NOx permits. IEEE TRANSACTIONS ON POWER SYSTEMS. 20(1). 119-129.

Baldick, R., Helman, U., Hobbs, B., O'Neill, R. (2005). Design of efficient generation markets. PROCEEDINGS OF THE IEEE. 93(11). 1998-2012.

Pang, J.-S., Hobbs, B.F., Day, C. (2004). Electricity Market Models with Conjectured Resource Price Responses. Mathematical Programming B. 101(1). 57-94.

Hobbs, B.F., Rijkers, F.A.M. (2004). Modeling Strategic Generator Behavior with Conjectured Transmission Price Responses in a Mixed Transmission Pricing System I: Formulation. IEEE Trans. Power Systems. 19(2). 707-717.

Hobbs, B.F., Rijkers, F.A.M., Wals, A.F. (2004). Modeling Strategic Generator Behavior with Conjectured Transmission Price Responses in a Mixed Transmission Pricing System II: Application. IEEE Trans. Power Systems. 19(2). 872-879.

A.Y. Sheffrin, J. Chen, and B.F. Hobbs, “Watching Watts to Prevent Abuse of Power,” IEEE Power & Energy Magazine, 2(4), July/Aug. 2004, 58-65.

Hobbs, B., Pang, J. (2004). Spatial oligopolistic equilibria with arbitrage, shared resources, and price function conjectures. MATHEMATICAL PROGRAMMING. 101(1). 57-94.

Boots, M., Rijkers, F., Hobbs, B. (2004). Trading in the downstream European gas market: A successive oligopoly approach. ENERGY JOURNAL. 25(3). 73-102.

J.-S. Pang, B.F. Hobbs, and C.J. Day, “Properties of Oligopolistic Market Equilibria in Linearized DC Electricity Power Markets with Arbitrage and Supply Function Conjectures,” in E.W. Sachs and R. Tichatschke, System Modeling and Optimization XX, Kluwer Academic Publishers, Boston, 2003, 143-168.

Metzler, C., Hobbs, B.F., Pang, J.-S. (2003). Nash-Cournot Equilibria in Power Markets on a Linearized DC Network with Arbitrage: Formulations and Properties. Networks and Spatial Economics. 3(2). 123-150.

Mccusker, S.A., Hobbs, B.F. (2003). A Nested Benders Decomposition Approach to Locating Distributed Generation in a Multiarea Power System. Networks and Spatial Economics. 3(2). 197-223.

O, R.P., Helman, U., Hobbs, B.F., Stewart, W.R., Rothkopf, M.H. (2002). A Joint Energy and Transmission Rights Auction: Proposal and Properties. IEEE Trans. Power Systems. 17(4). 1058-1067.

R.M. Anderson, B.F. Hobbs, and M.L. Bell (2002), “Multiobjective Decision Making in Negotiation and Conflict Resolution,” The Encyclopedia of Life Support Systems, Topic 1:40.4, UNESCO (www.eolss.net/eolss_category.aspx).

McCusker, S.A., Hobbs, B.F., Ji, Y. (2002). Distributed Utility Planning Using Probabilistic Production Costing and Generalized Benders Decomposition. IEEE Trans. Power Systems. 17(2). 497-505.

Day, C., Hobbs, B.F., Pang, J.-S. (2002). Oligopolistic Competition in Power Networks: A Conjectured Supply Function Approach. IEEE Trans. Power Systems. 17(3). 597-607.

Hobbs, B.F., and Inon, J., A Review of Issues Concerning Electric Power Capacity Markets, Submitted to the Maryland Power Plant Research Program, Jan. 14, 2002, 88 pp.

B.F. Hobbs, J. Inon, and S. Stoft, “Installed Capacity Requirements and Price Caps: Oil on the Water, or Fuel on the Fire?”, Electricity Journal, 14(6), August/Sept. 2001, 23-34.

Hobbs, B.F. (2001). Linear Complementarity Models of Nash-Cournot Competition in Bilateral and POOLCO Power Markets. IEEE Trans. Power Systems. 16(2). 194-202.

Hobbs, B., Rothkopf, M., Hyde, L., O'neill, R. (2000). Evaluation of a truthful revelation auction in the context of energy markets with nonconcave benefits. JOURNAL OF REGULATORY ECONOMICS. 18(1). 5-32.

M.L. Bell, B.F. Hobbs, E.M. Elliott, H. Ellis, and Z. Robinson, “An Evaluation of Multicriteria Decision-Making Methods in Integrated Assessment of Climate Policy,” in Y.Y. Haimes and R. Steuer (eds.), Research and Practice in Multiple Criteria Decision Making, Lecture Notes in Mathematics and Economic Systems, Vol. 487, Springer-Verlag, Berlin, 2000, 228-237.

Hobbs, B., Metzler, C., Pang, J. (2000). Strategic gaming analysis for electric power systems: An MPEC approach. IEEE TRANSACTIONS ON POWER SYSTEMS. 15(2). 638-645.

C.A. Berry, B.F. Hobbs, W.A. Meroney, R.P. O’Neill, and W.R. Stewart, Jr., “Analyzing Strategic Bidding Behavior in Transmission Networks,” Utilities Policy, 8(3), 1999, 139-158.

Hobbs, B.F., Jitprapaikulsarn, S., Konda, S., Chankong, V., Loparo, K.A., Maratukulam, D. (1999). Analysis of the Value for Unit Commitment of Improved Load Forecasts. IEEE Trans. Power Systems. 14(4). 1342-1348.

Hobbs, B., Ji, Y. (1999). Stochastic programming-based bounding of expected production costs for multiarea electric power systems. OPERATIONS RESEARCH. 47(6). 836-848.

Ji, Y., Hobbs, B. (1998). Including a DC network approximation in a multiarea probabilistic production costing model. IEEE TRANSACTIONS ON POWER SYSTEMS. 13(3). 1121-1127.

Hobbs, B.F., Helman, U., Jitprapaikulsarn, S., Konda, S., Maratukulam, D. (1998). Artificial neural networks for short-term energy forecasting. Neurocomputing. 23(1). 71-84.

B.F. Hobbs, “Environmental Planning for Electric Utilities,” Ch. 11, in C. ReVelle and A.E. McGarity, Design and Operation of Civil and Environmental Engineering Systems, J. Wiley, NY, 1997.

Leppitsch, M.L., Hobbs, B.F. (1997). The Effect of NOx Regulations on Emissions Dispatch: A Probabilistic Production Costing Analysis. IEEE Trans. Power Systems. 11(4).

Hobbs, B., Ji, Y., Chang, C., Loparo, K., Jober, J., Ohman, M. (1996). An improved bounding-based method for multiarea probabilistic production costing. IEEE TRANSACTIONS ON POWER SYSTEMS. 11(2). 1024-1030.

Leppitsch, M., Hobbs, B. (1996). The effect of NOx regulations on emissions dispatch: A probabilistic production costing analysis. IEEE TRANSACTIONS ON POWER SYSTEMS. 11(4). 1711-1717.

Hobbs, B., Ji, Y. (1995). A BOUNDING APPROACH TO MULTIAREA PROBABILISTIC PRODUCTION COSTING. IEEE TRANSACTIONS ON POWER SYSTEMS. 10(2). 853-859.

B.F. Hobbs, “Bottom-up: Company, State, and Regional Models,” in C.J. Andrews, ed., Electricity and Federalism, Quorum Press, Westport, CT, 1995, reprinted by IEEE Press, New York, 1995.

Hobbs, B. (1995). OPTIMIZATION METHODS FOR ELECTRIC UTILITY RESOURCE PLANNING. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH. 83(1). 1-20.

Hobbs, B., Centolella, P. (1995). ENVIRONMENTAL POLICIES AND THEIR EFFECTS ON UTILITY PLANNING AND OPERATIONS. ENERGY. 20(4). 255-271.

Centolella, P., Hobbs, B. (1995). SAFEGUARDING THE ENVIRONMENT AMID A COMPETITIVE POWER MARKET. IEEE SPECTRUM. 32(1). 58-59.

Hobbs, B. (1994). WHAT DO SO2 EMISSIONS COST - ALLOWANCE PRICES AND EXTERNALITY ADDERS. JOURNAL OF ENERGY ENGINEERING-ASCE. 120(3). 122-132.

Huang, W., Hobbs, B. (1994). OPTIMAL SO2 COMPLIANCE PLANNING USING PROBABILISTIC PRODUCTION COSTING AND GENERALIZED BENDERS DECOMPOSITION. IEEE TRANSACTIONS ON POWER SYSTEMS. 9(1). 174-180.

Hobbs, B., Honious, J., Bluestein, J. (1994). ESTIMATING THE FLEXIBILITY OF UTILITY RESOURCE PLANS - AN APPLICATION TO NATURAL-GAS COFIRING FOR SO2 CONTROL. IEEE TRANSACTIONS ON POWER SYSTEMS. 9(1). 167-173.

Hobbs, B. (1994). EMISSION-COST TRADE-OFFS AND RATE FEEDBACK FOR ELECTRIC UTILITIES. JOURNAL OF ENERGY ENGINEERING-ASCE. 120(3). 103-121.

Hobbs, B., Wilson, A. (1994). MOST VALUE PLANNING - ESTIMATING THE NET BENEFITS OF ELECTRIC UTILITY RESOURCE PLANS. ENERGY SOURCES. 16(3). 451-477.

Hobbs, B., Meier, P. (1994). MULTICRITERIA METHODS FOR RESOURCE PLANNING - AN EXPERIMENTAL COMPARISON. IEEE TRANSACTIONS ON POWER SYSTEMS. 9(4). 1811-1817.

Hobbs, B., Gamponia, V., Wilson, A. (1994). OPTIMAL EXPANSION OF ENERGY EFFICIENCY PROGRAMS. RESOURCE AND ENERGY ECONOMICS. 16(1). 1-24.

Hobbs, B., Rouse, H., Hoog, D. (1993). MEASURING THE ECONOMIC VALUE OF DEMAND-SIDE AND SUPPLY RESOURCES IN INTEGRATED RESOURCE PLANNING-MODELS. IEEE TRANSACTIONS ON POWER SYSTEMS. 8(3). 979-987.

Hoog, D., Hobbs, B. (1993). AN INTEGRATED RESOURCE PLANNING-MODEL CONSIDERING CUSTOMER VALUE, EMISSIONS, AND REGIONAL ECONOMIC-IMPACTS. ENERGY. 18(11). 1153-1160.

Hobbs, B. (1993). EMISSIONS DISPATCH UNDER THE UNDERUTILIZATION PROVISION OF THE 1990 UNITED-STATES CLEAN-AIR ACT AMENDMENTS - MODELS AND ANALYSIS. IEEE TRANSACTIONS ON POWER SYSTEMS. 8(1). 177-183.

B.F. Hobbs, “Environmental Adders and Emissions Trading: Oil and Water?”, The Electricity Journal, 5(7), Sept. 1992, 26-34.

Huang, W., Hobbs, B. (1992). ESTIMATION OF MARGINAL SYSTEM COSTS AND EMISSIONS OF CHANGES IN GENERATING-UNIT CHARACTERISTICS. IEEE TRANSACTIONS ON POWER SYSTEMS. 7(3). 1251-1258.

Nelson, S., Hobbs, B.(1992). SCREENING DEMAND-SIDE MANAGEMENT PROGRAMS WITH A VALUE-BASED TEST. IEEE TRANSACTIONS ON POWER SYSTEMS. 7(3). 1031-1043.

B.F. Hobbs, J.C. Honious, and J. Bluestein, “What's Flexibility Worth? The Enticing Case of Natural Gas Cofiring,” Electricity Journal, 5(2), March 1992, 37-47.

Hobbs, B., Kelly, K. (1992). USING GAME-THEORY TO ANALYZE ELECTRIC TRANSMISSION PRICING POLICIES IN THE UNITED-STATES. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH. 56(2). 154-171.

B.F. Hobbs and J.S. Heslin, “Conserving Energy to Reduce SO2 Emissions in Ohio: An Evaluation Using a Multiobjective Electric Power Production Costing Model,” in E. Vine, D. Crawley, and P. Centolella, Energy Efficiency and the Environment: Forging the Link, American Council for an Energy Efficient Economy, Washington, DC, 1991, 289-304.

Heslin, J., Hobbs, B. (1991). A PROBABILISTIC PRODUCTION COSTING ANALYSIS OF SO2 EMISSIONS REDUCTION STRATEGIES FOR OHIO - EMISSIONS, COST, AND EMPLOYMENT TRADEOFFS. JOURNAL OF THE AIR & WASTE MANAGEMENT ASSOCIATION. 41(7). 956-966.

Heslin, J., Hobbs, B. (1990). APPLICATION OF A MULTIOBJECTIVE ELECTRIC-POWER PRODUCTION COSTING MODEL TO THE UNITED-STATES ACID-RAIN PROBLEM. ENGINEERING COSTS AND PRODUCTION ECONOMICS. 20(2). 241-251.

Hobbs, B., Maheshwari, P. (1990). A DECISION-ANALYSIS OF THE EFFECT OF UNCERTAINTY UPON ELECTRIC UTILITY PLANNING. ENERGY. 15(9). 785-801.

Heslin, J., Hobbs, B. (1990). ECONOMIC-ANALYSIS OF OIL AND GAS BRINE REGULATIONS. JOURNAL OF ENERGY ENGINEERING-ASCE. 116(1). 51-70.

Duckstein, L., Tecle, A., Nachnebel, H., Hobbs, B. (1989). MULTICRITERION ANALYSIS OF HYDROPOWER OPERATION. JOURNAL OF ENERGY ENGINEERING-ASCE. 115(3). 132-153.

B.F. Hobbs, “The Generalized `Most-Value' Criterion: `Least-Cost' is Still Not `Most-Value',” Electricity Journal, 2(10), Dec. 1989, 52-55.

B.F. Hobbs and S.K. Nelson, “Assessing Conservation Payments: Least-Cost, Least-Rates, or Most-Value?”, Electricity Journal, 2(6), 28-39, July 1989.

Heslin, J.S., Hobbs, B.F. (1989). A Multiobjective Probabilistic Production Costing Model for Analyzing Emissions Dispatching and Fuel Switching. IEEE Trans. Power Systems. 4(3). 836-842.

Heslin, J., Hobbs, B. (1989). A MULTIOBJECTIVE PRODUCTION COSTING MODEL FOR ANALYZING EMISSIONS DISPATCHING AND FUEL SWITCHING. IEEE TRANSACTIONS ON POWER SYSTEMS. 4(3). 836-842.

Hobbs, B., Schuler, R. (1986). DEREGULATING THE DISTRIBUTION OF ELECTRICITY - PRICE AND WELFARE CONSEQUENCES OF SPATIAL OLIGOPOLY WITH UNIFORM DELIVERED PRICES. JOURNAL OF REGIONAL SCIENCE. 26(2). 235-265.

Hobbs, B. (1986). NETWORK MODELS OF SPATIAL OLIGOPOLY WITH AN APPLICATION TO DEREGULATION OF ELECTRICITY-GENERATION. OPERATIONS RESEARCH. 34(3). 395-409.

B.F. Hobbs, “Modeling Imperfect Spatial Energy Markets,” in F. Calzonetti and B. Solomon, eds., Geographical Dimensions of Energy Research, D. Reidel, Amsterdam, 1985, 179-200.

Hobbs, B., Schuler, R. (1985). AN ASSESSMENT OF THE DEREGULATION OF ELECTRIC-POWER GENERATION USING NETWORK MODELS OF IMPERFECT SPATIAL MARKETS. PAPERS OF THE REGIONAL SCIENCE ASSOCIATION. 57. 75-89.

B.F. Hobbs, “Regional Energy Facility Location Models for Power System Planning and Policy Analysis,” in Analytic Techniques for Energy Planning, B. Lev, F. Murphy, J. Bloom, and A. Gleit, eds., North-Holland Press, Amsterdam, 1984, 53-66.

Hobbs, B. (1984). WATER-SUPPLY FOR POWER IN TEXAS-GULF REGION. JOURNAL OF WATER RESOURCES PLANNING AND MANAGEMENT-ASCE. 110(4). 373-391.

Hobbs, B., Meier, P. (1979). ANALYSIS OF WATER-RESOURCES CONSTRAINTS ON POWER-PLANT SITING IN THE MID-ATLANTIC STATES. WATER RESOURCES BULLETIN. 15(6). 1666-1676.

Hobbs, B. (1979). ENVIRONMENTAL OPTIMIZATION OF POWER-LINES. JOURNAL OF THE ENVIRONMENTAL ENGINEERING DIVISION-ASCE. 105(4). 794-795.

2. Multiobjective Analysis

P.Q. Zheng and B.F. Hobbs, “A Multiobjective Portfolio Analysis of Dam Removals Addressing Dam Safety, Fish Populations, and Cost,” J. Water Resources Planning & Management (ASCE), 2013, 139(1), 65-75.

Jacobi, S.K., Hobbs, B.F. (2007). Quantifying and Mitigating the Splitting Bias and Other Value Tree-Induced Weighting Biases. Decision Analysis. 4(4). 194-210.

Bell, M.L., Hobbs, B.F., Ellis, J.H. (2005). Metrics Matter: Conflicting Air Quality Rankings from Different Indices of Air Pollution. J. Air and Waste Management Asso.. 55(1). 97-106.

Taji, K., Levy, J.K., Hartmann, J., Bell, M.L., Anderson, R.M., Hobbs, B.F., Feglar, T. (2005). Identifying potential repositories for radioactive waste: multiple criteria decision analysis and critical infrastructure systems. Intl. J. Critical Infrastructures.

Bell, M., Hobbs, B., Ellis, H. (2005). Metrics matter: Conflicting air quality rankings from different indices of air pollution. JOURNAL OF THE AIR & WASTE MANAGEMENT ASSOCIATION. 55(1). 97-106.

Kim, J., Hobbs, B., Koonce, J. (2003). Multicriteria Bayesian analysis of lower trophic level uncertainties and value of research in Lake Erie. HUMAN AND ECOLOGICAL RISK ASSESSMENT. 9(4). 1023-1057.
View record in Web of Science SM

Bell, M.L., Hobbs, B.F., Ellis, H. (2003). The Use of Multi-criteria Decision-making Methods in Integrated Assessment: Implications for IA Practitioners. Socioeconomic Planning Sciences. 37(4). 289-316.

Anderson, R.M., Hobbs, B.F. (2002). Using a Bayesian Approach to Quantify Scale Compatability Bias. Management Science. 48(12). 1555-1568. (Best Publication Award, INFORMS Decision Analysis Society)

Hobbs, B., Ludsin, S., Knight, R., Ryan, P., Biberhofer, J., Ciborowski, J. (2002). Fuzzy cognitive mapping as a tool to define management objectives for complex ecosystems. ECOLOGICAL APPLICATIONS. 12(5). 1548-1565.

Linville, C.D., Hobbs, B.F., Venkatesh, B.N. (2001). Estimation of Error and Bias in Bayesian Monte Carlo Decision Analysis Using the Bootstrap. Risk Analysis. 21(1). 63-74.

Bell, M.L., Hobbs, B.F., Elliot, E.M., Ellis, H., Robinson, Z. (2001). An Evaluation of Multi-Criteria Methods in Integrated Assessment of Climate Policy. J. Multicriteria Decision Analysis. 10. 229-256.

Hobbs, B. (1997). Bayesian methods for analysing climate change and water resource uncertainties. JOURNAL OF ENVIRONMENTAL MANAGEMENT. 49(1). 53-72.

Hobbs, B., Horn, G. (1997). Building public confidence in energy planning: a multimethod MCDM approach to demand-side planning at BC gas. ENERGY POLICY. 25(3). 357-375.

Hobbs, B. (1996). Environment and natural resources. OPERATIONS RESEARCH. 44(2). 249-250.

Hobbs, B., Chankong, V., Hamadeh, W., Stakhiv, E. (1992). DOES CHOICE OF MULTICRITERIA METHOD MATTER - AN EXPERIMENT IN WATER-RESOURCES PLANNING. WATER RESOURCES RESEARCH. 28(7). 1767-1779.

Hobbs, B., Stakhiv, E., Grayman, W. (1989). IMPACT EVALUATION PROCEDURES - THEORY, PRACTICE, AND NEEDS. JOURNAL OF WATER RESOURCES PLANNING AND MANAGEMENT-ASCE. 115(1). 2-21.

Hobbs, B. (1986). WHAT CAN WE LEARN FROM EXPERIMENTS IN MULTIOBJECTIVE DECISION-ANALYSIS. IEEE TRANSACTIONS ON SYSTEMS MAN AND CYBERNETICS. 16(3). 384-394.

Hobbs, B., Stakhiv, E. (1986). TALLYING WATER-RESOURCES GOALS. CIVIL ENGINEERING. 56(4). 53-55

B.F. Hobbs and E.Z. Stakhiv, “Quantifying Social and Environmental Objectives,” Civil Engineering, April, 1986, 43-45.

B.F. Hobbs, “Choosing How to Choose: Comparing Amalgamation Methods for Environmental Impact Assessment,” Environmental Impact Assessment Review, 5(4), Dec., 1985, 301-319.

B.F. Hobbs, M.D. Rowe, B.L. Pierce, and P.M. Meier, “Comparisons of Methods for Evaluating Multiattributed Alternatives: Results of the BNL-NRC Siting Methods Project,” Improving Impact Assessment: Increasing the Relevance and Utility of Technical and Scientific Information, S. Hart, G. Enk, and W.F. Hornick, eds., Westview Press, Boulder, CO, 1984, 227-252.

Hobbs, B.F. (1980). A COMPARISON OF WEIGHTING METHODS IN POWER PLANT SITING*. Decision Sciences. 11(4). 725-737.

Hobbs, B. (1980). MULTIOBJECTIVE POWER-PLANT SITING METHODS. JOURNAL OF THE ENERGY DIVISION-ASCE. 106(2). 187-200.

3. Ecological Restoration & Water Resources

M.A. Kenney, B.F. Hobbs, D. Mohrig, H. Huang, J.A. Nittrouer, W. Kim, and G. Parker, “Cost Analysis of Water and Sediment Diversions to Optimize Land Building in the Mississippi River Delta,” Water Resources Research, in press, DOI: 10.1002/wrcr.20139.

S.K. Jacobi,  B.F. Hobbs, and P.R. Wilcock, A Bayesian Framework for Cost-Effective Sediment Reduction in Agricultural Watersheds: Framework and Application to the Minnesota River Basin, J. Water Resources Planning & Management (ASCE), 139(5), 534-543, 2013.

P.Q. Zheng, B.F. Hobbs, and J.F. Koonce, The Economics and Ecosystem Restoration of Dam Decommissioning: Making Informed Decisions to Remove Aging U.S. Dams, Aquanomics, edited by D.B. Gardner, and R. Simmons. The Independent Institute, Oakland, California, Ch. 10, 249-281, 2012.

M.A. Kenney, P.R. Wilcock, B.F. Hobbs, N.E. Flores, and D.C. Martínez, "Is Urban Stream Restoration Worth It?", Journal American Water Resources Association, June 2012, 48(3), 603-615.

Corsair, H.J., Ruch, J.B., Zheng, P.Q., Hobbs, B.F., Koonce, J.F. (2009). Multicriteria Decision Analysis of Stream Restoration: Potential and Examples. Group Decision and Negotiation.

Hargreaves, J., Hobbs, B. (2009). Optimal Selection of Priority Development Areas Considering Tradeoffs Between Hydrology and Development Configuration. ENVIRONMENTAL MODELING & ASSESSMENT. 14(3). 289-302.

Zheng, P., Hobbs, B., Koonce, J. (2009). Optimizing multiple dam removals under multiple objectives: Linking tributary habitat and the Lake Erie ecosystem. WATER RESOURCES RESEARCH. 45.

Kim, J.B., Hobbs, B.F., Koonce, J.F. (2007). Analysis of the Sensitivity of Decision Analysis Results to Errors and Simplifications in Problem Structure: Application to Lake Erie Ecosystem Management. IEEE Transactions on Systems, Man, and Cybernetics A. 37(4). 505-518.

Anderson, R.M., Hobbs, B.F., Koonce, J.F. (2006). Modeling Effects of Forest Cover Reduction on Larval Walleye Survival in Lake Erie Tributary Spawning Basins. Ecosystem. 9. 725-739.

Anderson, R.A., Hobbs, B.F., Koonce, J.F., Locci, A.B. (2001). , Using Decision Analysis to Choose Phosphorus Targets for Lake Erie. Environmental Management. 27(2). 235-252.

J.L. Aron, J.H. Ellis, and B.F. Hobbs, “Integrated Assessment,” in J.L. Aron and J.A. Patz, eds., Ecosystem Change and Public Health: A Global Perspective, The Johns Hopkins University Press, Baltimore, MD, Chapter 5, 2001.

Bloczynski, J.A., Bogart, W.T., Hobbs, B.F., Koonce, J.F>. (2000). Irreversible investment in wetlands preservation: Making optimal decisions under climate uncertainty. Environmental Management. 26(2). 175-193.

Venkatesh, B.N., Hobbs, B.F. (1999). Analyzing Investments for Managing Lake Erie Levels Under Climate Change Uncertainty. Water Resources Research. 35(5). 1671-1684.

Chao, P., Hobbs, B., Venkatesh, B. (1999). How climate uncertainty should be included in Great Lakes management: Modeling workshop results. JOURNAL OF THE AMERICAN WATER RESOURCES ASSOCIATION. 35(6). 1485-1497.

Chao, P., Hobbs, B. (1997). Decision analysis of shoreline protection under climate change uncertainty. WATER RESOURCES RESEARCH. 33(4). 817-829.

B.F. Hobbs, P.T. Chao, and B.N. Venkatesh, “Decision Analysis of Water Resources Decisions Under Climate Change Uncertainty,” Climatic Change, 37, Sept. 1997, 177-202 (reprinted in K.D. Frederick, D.C. Major, and E.Z. Stakhiv, Climate Change and Water Resources Planning Criteria, Kluwer Academic Publishers, Dordrecht, 1997, 177-202, and in K.D. Frederick, Water Resources and Climate Change, Management of Water Resources Series Vol. 2, Edward Elgar Publ., Cheltenham, UK, 2002, Ch. 23).

Beim, G., Hobbs, B. (1997). Event tree analysis of lock closure risks. JOURNAL OF WATER RESOURCES PLANNING AND MANAGEMENT-ASCE. 123(3). 169-178.

B.F. Hobbs, W. Mittelstadt, and J. Lund, “Water for Energy”, Chapter 31 in L. Mays, ed., Handbook of Hydrology, McGraw-Hill, 1996.

Loaiciga, H., Charbeneau, R., Everett, L., Fogg, G., Hobbs, B., Rouhani, S. (1992). REVIEW OF GROUNDWATER QUALITY MONITORING NETWORK DESIGN. JOURNAL OF HYDRAULIC ENGINEERING-ASCE. 118(1). 11-37.

Hobbs, B., Luo, Y., Maciejowski, M., Chester, C. (1989). WATER-SUPPLY IMPACTS OF NUCLEAR FALL. WATER RESOURCES BULLETIN. 25(1). 1-13.

B.F. Hobbs, “An Overview of Integrated Water Supply System Availability Analysis,” Ch. 10 of L. Mays, ed., Reliability Analysis of Water Distribution Systems, American Society of Civil Engineers, New York, 1989.

B.F. Hobbs and G. Beim, “Methods for Evaluating Integrated Water Supply System Availability,” Ch. 11 of L. Mays, ed., Reliability Analysis of Distribution Systems, American Society of Civil Engineers, New York, 1989.

Hobbs, B., Vonpatterson, C., Maciejowski, M., Haimes, Y. (1988). RISK ANALYSIS OF AQUIFER CONTAMINATION BY BRINE. JOURNAL OF WATER RESOURCES PLANNING AND MANAGEMENT-ASCE. 114(6). 667-685. (Best Paper Award, ASCE Water Resources Planning & Management Division)

Beim, G., Hobbs, B. (1988). ANALYTICAL SIMULATION OF WATER-SYSTEM CAPACITY RELIABILITY .2. A MARKOV-CHAIN APPROACH AND VERIFICATION OF THE MODELS. WATER RESOURCES RESEARCH. 24(9). 1445-1458.

Hobbs, B., Beim, G. (1988). ANALYTICAL SIMULATION OF WATER-SYSTEM CAPACITY RELIABILITY .1. MODIFIED FREQUENCY-DURATION ANALYSIS. WATER RESOURCES RESEARCH. 24(9). 1431-1444.

B.F. Hobbs, “Cooling Water Supply for Energy Production,” in P. Cheremisinoff et al. ed., Civil Engineering Practice, Vol. 4, Technomic Publ. Co., Lancaster, PA, 1988.

B.F. Hobbs, G.K. Beim, and A.S. Gleit, “Reliability Analysis of Power and Water Supply Systems,” in B. Lev, J. Bloom, A. Gleit, F. Murphy, and C. Shoemaker, eds., Strategic Planning in Energy and Natural Resources, Studies in Management Science and Systems 15, North-Holland, Amsterdam, 1987.

4. General Economics and Operations Research Methodology

V. R. Prava, R. T. Clemen, B. F. Hobbs, and M. A. Kenney, Partition Dependence and Carryover Biases in Subjective Probability Assessments for Continuous Variables: Model-based Estimation and Correction(working paper)

O'Neill, R.P., Sotkiewicz, P.M., Hobbs, B.F., Rothkopf, M.H., Stewart, W.R. (2005). Efficient Market-Clearing Prices in Markets with Nonconvexities. European J. Operational Research. 164(1). 269-285.

Harrington, J., Hobbs, B., Pang, J., Liu, A., Roch, G. (2005). Collusive game solutions via optimization. MATHEMATICAL PROGRAMMING. 104(3-Feb). 407-435.

Heath, F., Kyrillidou, M., Webster, D., Choudhury, S., Hobbs, B., Lorie, M., Flores, N. (2003). Emerging Tools for Evaluating Digital Library Services: Conceptual Adaptations of LibQUAL+. Journal of Digital Information. 4(2).

Alalwani, J., Hobbs, B., Malakooti, B. (1993). AN INTERACTIVE INTEGRATED MULTIOBJECTIVE OPTIMIZATION APPROACH FOR QUASI-CONCAVE QUASI-CONVEX UTILITY-FUNCTIONS. APPLIED MATHEMATICS AND COMPUTATION. 54(3-Feb). 241-257.

R.E. Schuler and B.F. Hobbs, “Price Adjustments in Oligopolistic Markets: The Impact of Lags in Customer Response,” (with B. Hobbs), in Gee, J.A. and Norman, G., eds., Market Strategy and Structure, Harvester-Wheatsheaf, 1992

B.F. Hobbs, “Continuous Versus Network Models of Spatial Oligopoly” in K.D. Lawrence, J.B. Geurard, Jr., and G.R. Reeves, eds., Advances in Mathematical Programming in Financial Planning, Vol. 2, JAI Press, Greenwich, CT, 1990, 183-213.

Hobbs, B., Hepenstal, A. (1989). IS OPTIMIZATION OPTIMISTICALLY BIASED? WATER RESOURCES RESEARCH. 25(2). 152-160.

Hobbs, B. (1986). MILL PRICING VERSUS SPATIAL PRICE-DISCRIMINATION UNDER BERTRAND AND COURNOT SPATIAL COMPETITION. JOURNAL OF INDUSTRIAL ECONOMICS. 35(2). 173-191.

Schuler, R., Hobbs, B. (1982). SPATIAL PRICE DUOPOLY UNDER UNIFORM DELIVERED PRICING. JOURNAL OF INDUSTRIAL ECONOMICS. 31(2-Jan). 175-187.

Recent Presentations

Hobbs, Benjamin F. "What Investments Should Be Made Now? Long Run Transmission Planning Under Uncertainty." (2014).

B.F. Hobbs,DR Trends & Issues in US: Moving Toward St. Fred's Dream. 2013 APEC Symposium on Demand Response, Nanjing, China, June 5-6, 2013.

A. Liu, B.F. Hobbs, J. Ho, J. McCalley, V. Krishnan, M. Shahidehpour, and Q. Zheng.Co-optimization of Transmission and Supply Resources. A Eastern Interconnection States Planning Council Meeting, Chicago, Aug. 26-27, 2013.

B.F. Hobbs, M. A. Kenney, D. Mohrig, and G. Parker. How Can We Most Efficiently Use Our Limited Water, Sand, & $ ? Diversions to Build Land in the Mississippi Delta. ASCE EWRI, 20 May 2013

F. D. Munoz, B.F. Hobbs, S. Kasina, J. Ho., What Transmission Investments Ought We Make Now? Using Stochastic Programming for Regional Transmission Planning in the Face of Long-Run Regulatory, Economic, & Technologic Uncertainties. CERTs, 2013.

F. D. Munoz, B.F. Hobbs, S. Kasina, J. Ho. Power and Water, Collision Inevitable? AGU Policy Conference, May 2, 2012.

B.F. Hobbs, B. Wang. Efficiency of Market for Generator Ramp Capacity in Electricity Spot Market. University of Washington, Nov. 13, 2013.

B.F. Hobbs, F. Munoz, H. van der Weijde, O. Ozdemir, Practical Methods for Cooptimizing Transmission-Generation on a Regional Scale, EISPC NARUC Meeting, Atlanta, April 11 2012.

B.F. Hobbs, Energy, Capacity, Renewables, CO2, & Transmission Rights: What’s Happening in US Markets, KU Leuven, Dec. 2011.

C. DeJonghe, B.F. Hobbs, and R. Belmans, Value off Short-Run Demand Response for Integrating Wind: Unit Commitment & Generation Expansion Modeling with Price Responsive Load, INFORMS, Fall 2011.

B.F. Hobbs, Transmission Planning and Pricing: Lessons from Elsewhere, Transmission Policies to Unlock America's Renewable Energy Resources, Stanford University, Sept. 15 2011.

A.H., van der weijde and B.F. Hobbs, Transmission Planning Under Uncertainty: A Stochastic Two-Stage Modelling Approach, The Next Generation of Electricity Planning Models, FERC, Nov. 4, 2010.

B.F. Hobbs, Electricity Policy Modeling: Why It is Important and Fun, and What is Needed Next. Allerton Conference, UIUC, Oct. 1 2010, Plenary Speech.

B.F. Hobbs, Capacity Markets: Principles & What’s Happening in the US, Cambridge/MIT European Electricity Workshop, 15 July 2010.

Hobbs, B.F., Why Did the US (Mostly) Go With LMP? Benefits of Flow-Based Allocation? , Workshop on the Role of Power Market Design for the Achievement of the 20% Renewable Target, Brussels, June 10, 2010

B.F. Hobbs, Upstream v. Downstream CO2 Trading in Electricity Markets: What is the Cheapest Way to Sustainability?, EEM 10, Madrid, June 2010.

Benjamin F. Hobbs & Daniel Ralph, Electric Power Markets: Why is Electricity Different? Dumb Grids, the Ultimate Just-in-Time Problem, & Polar Bears, Newton Institute, U. of Cambridge, June 2010.

B.F. Hobbs, Imperfect Models of Imperfect Competition in EU Gas Markets: Great Potential, Great Shortcomings, Competition & Security on European Gas Markets, LARSEN, EdF R&D Colloquium, 9 April 2010.

B.F. Hobbs, We Need Electric Policy Models with Uncertainty and Risk Aversion!, The 1st International Ruhr Energy Conference, Stochastics and Risk Modelling for Energy and Commodity Markets, 5 Oct. 2009, Duisberg-Essen, Germany.

Ö. Özdemir, J. S. Hers, E.B. Fisher, G. Brunekreeft, B.F. Hobbs, A Nodal Pricing Analysis of the Future German Electricity Market, European Electricity Markets 2008.

B.F. Hobbs, The Evolution of the U.S. Approach to Managing Congestion: “Leave no Lambda Behind”, Conference on “Electricity Market Performance under Physical Constraints”, Turin, Italy, 2007.

K. Casey, B.F. Hobbs, D. Shirmohammadi, F. Wolak, Benefit-Cost Analysis of Large-Scale Transmission for Renewable Generation:Principles & California Case Study, IEEE PES Summer Meeting, Tampa, 2007.

Written Testimony and CAISO MSC Opinions

- "Affidavit Of Benjamin F. Hobbs on Behalf of PJM Interconnection, L.L.C. (Reliability Pricing Model Demand Curve for Annual Capacity)" submitted to the Federal Energy Regulatory Commission, Nov. 29, 2013, Docket No. ER14-504.

For Opinions of the Market Surveillance Committee of the California System Operator, see the archived Opinions from 2002-2012 on the CAISO MSC website.

“Supplemental Affidavit Of Benjamin F. Hobbs on Behalf of PJM Interconnection, L.L.C.,” submitted to the Federal Energy Regulatory Commission, Sept. 29, 2006, Docket Nos. ER05-1410 and EL05-148.

“Supplemental Affidavit Of Benjamin F. Hobbs on Behalf of PJM Interconnection, L.L.C.,” submitted to the Federal Energy Regulatory Commission, May 30, 2006, Docket Nos. ER05-1410 and EL05-148.

“Affidavit Of Benjamin F. Hobbs on Behalf of PJM Interconnection, L.L.C.,” submitted to the Federal Energy Regulatory Commission, Aug. 31, 2005, Docket Nos. ER05-1410 and EL05-148

B.F. Hobbs, W. Huang, and S.K. Nelson, “A Production Costing Analysis of Underutilization Accounting Policies,” presented to the U.S. Environmental Protection Agency Acid Rain Advisory Committee, April 29 - May 1, 1991.

B.F. Hobbs, “Testimony on Acid Rain Special Topic Information”, In the Matter of the 1990 Long-Term Forecast Reports of Ohio Power Company and Columbus Southern Power Company, Before the Public Utilities Commission of Ohio, Cases No. 90-659-EL-FOR and 90-660-EL-FOR, Sept. 28, 1990.

Projects

E. Shayesteh, B.F. Hobbs, E. Söder, and M. Amelin. Scenario Reduction, Network Aggregation, and DC Linearization: Which Simplifications Hurt Market Simulations Most?