Karen Clay

PHONE

412-268-4197

OFFICE

HBH - Hamburg Hall - Room 2116C

AREA OF EXPERTISE

Economics

EDUCATION

Stanford University - Ph D (Economics) - 1994
University of Virginia - BA - 1988

USEFUL LINKS

Personal Webpage Vita

PUBLICATIONS

• Coal, Smoke, and Death: Bituminous Coal and American Home Heating

(author(s): Alan Barreca, Karen Clay, Joel Tarr) National Bureau of Economic Research, 2014

• Douglas W. Allen: The institutional revolution: measurement and the economic emergency of the modern world

Public Choice 158(1), 2014; 281–283

• Erratum to: Douglas W. Allen: The institutional revolution: measurement and the economic emergence of the modern world

Public Choice 159(1-2), 2014; 299–299

• Adapting to climate change: the remarkable decline in the US temperature-mortality relationship over the 20th century

(author(s): Alan Barreca, Karen Clay, Olivier Deschenes, Michael Greenstone, Joseph Shapiro) National Bureau of Economic Research, 2013

• Lead and mortality

(author(s): Karen Clay, Werner Troesken, Michael Haines) Review of Economics and Statistics, 2013

• The American National State and the Early West. By Bergmann William H.. New York: Cambridge University Press. 2012. Pp. x, 288. $90.00, hardcover.

The Journal of Economic History 73(03), 2013; 883–885

• Do Schooling Laws Matter? Evidence from the Introduction of Compulsory Attendance Laws in the United States

(author(s): Karen Clay, Jeff Lingwall, Melvin Stephens, Jr) National Bureau of Economic Research, 2012

• Founding Choices: American Economic Policy in the 1790s. Edited by Douglas A. Irwin and Richard Sylla. Chicago and London: University of Chicago Press. Pp. ix, 352. $110.00, cloth; $35.00, paper.

The Journal of Economic History 71(04), 2011; 1124–1126

• Tariff choice with consumer learning and switching costs

(author(s): Ronald Goettler, Karen Clay) Journal of Marketing Research 48(4), 2011; 633–652

• The evolution of a nation: How geography and law shaped the american states

(author(s): Daniel Berkowitz, Karen Clay) Princeton University Press, 2011

• Did Frederick Brodie Discover the World’s First Environmental Kuznets Curve? Coal Smoke and the Rise and Fall of the London Fog

(author(s): Karen Clay, Werner Troesken) National Bureau of Economic Research, 2010

• Dynamic Effects of Legal Origins: Evidence from the American States
  JOURNAL OF ECONOMIC HISTORY

2010; 490–490

• Gold rush legacy: American minerals and the knowledge economy

(author(s): Karen Clay, Gavin Wright) See Ostrom, Cole, 2010

• Natural Resources and Economic Outcomes

Economic Evolution and Revolution in Historical Time, 2010

• Creating Abundance: Biological Innovation and American Agricultural Development, 1700–1960. By Alan L. Olmstead and Paul W. Rhode. New York: Cambridge University Press, 2008. Pp. xii, 467. $80.00 cloth; $23.99, paper.

The Journal of Economic History 69(03), 2009; 888–890

• Scientists and Swindlers: Consulting on Coal and Oil in America, 1820-1890. By Paul Lucier. Baltimore, MD: The Johns Hopkins University Press, 2008. Pp. xii, 426. $52.00, cloth.

The Journal of Economic History 69(03), 2009; 887–888

• Migrating to riches? Evidence from the California gold rush

(author(s): Karen Clay, Randall Jones) Journal of Economic History 68(04), 2008; 997–1027

• Legal origins and the evolution of institutions: evidence from American state courts

(author(s): Daniel Berkowitz, Karen Clay) Available at SSRN 993886, 2007

• Ex Post vs. Ex Ante Pricing: Optional Calling Plans and Tapered Tariffs’, Journal of Regulatory Economics, 4 (2), June, 115-38

(author(s): KB Clay, DS Sibley, P Srinagesh) INTERNATIONAL LIBRARY OF CRITICAL WRITINGS IN ECONOMICS 196(2), 2006; 447

• Squatters, Production, and Violence

Available at SSRN 886553, 2006

• The effect of judicial independence on courts: evidence from the American states

(author(s): Daniel Berkowitz, Karen Clay) The Journal of Legal Studies 35(2), 2006; 399–440

• American civil law origins: implications for state constitutions

(author(s): Daniel Berkowitz, Karen Clay) American Law and Economics Review 7(1), 2005; 62–84

• Order without law? Property rights during the California gold rush

(author(s): Karen Clay, Gavin Wright) Explorations in Economic History 42(2), 2005; 155–183

• Ranchos and the Politics of Land Claims

(author(s): Karen Clay, Werner Troesken) Land of Sunshine: An Environmental History of Greater Los Angeles (Pittsburgh: University of Pittsburgh Press, 2005), 2005; 52–66

• The US Brewing Industry: Data and Analysis. By Victor J. Tremblay and Carol Horton Tremblay. Cambridge, MA: The MIT Press, 2005. Pp. xv, 379. $40.00.

The Journal of Economic History 65(03), 2005; 876–878

• American Civil Law Origins: Implications for State Constitutions November 2, 2004

(author(s): Daniel Berkowitz, Karen Clay) Citeseer, 2004

• An empirical analysis of network externalities in peer-to-peer music-sharing networks

(author(s): Atip Asvanund, Karen Clay, Ramayya Krishnan, Michael Smith) Information Systems Research 15(2), 2004; 155–174

• Initial conditions, institutional dynamics and economic performance: Evidence from the American states

(author(s): Daniel Berkowitz, Karen Clay) William Davidson Institute, 2004

• Static and dynamic pricing in online markets

(author(s): Karen Clay, Michael Smith, Eric Wolff) Available at SSRN 579905, 2004

• Designing a Better Shopbot

(author(s): Alan Montgomery, K. Hosanagar, R. Krishnan, Karen Clay) Management Science 50(2), 2004; 189-206

• Communications policy in transition: The Internet and beyond.

AMER ECONOMIC ASSOC 2014 BROADWAY, STE 305, NASHVILLE, TN 37203 USA, 2003

• Further tests of static oligopoly models: Whiskey, 1882–1898

(author(s): Karen Clay, Werner Troesken) The Journal of Industrial Economics 51(2), 2003; 151–166

• Initial Conditions, Institutional Dynamics and Economic Performance: Evidence from the American States June 2003

(author(s): Daniel Berkowitz, Karen Clay) 2003

• Order without law? Property rights during the California gold rush

(author(s): Karen Clay, Gavin Wright) John M. Ohlin Program in Law and Economics Working Paper 265, 2003

• Retail strategies on the web: Price and non–price competition in the online book industry

(author(s): Karen Clay, Ramayya Krishnan, Eric Wolff, Danny Fernandes) The Journal of Industrial Economics 50(3), 2002; 351–367

• Strategic Behavior in Whiskey Distilling, 1887–1895

(author(s): Karen Clay, Werner Troesken) The Journal of Economic History 62(04), 2002; 999–1023

• The Internet economy: Washington, DC, Brookings Inst. Press, 2000

Journal of economic literature 40(3), 2002; 955–956

• Bigger may not be better: An empirical analysis of optimal membership rules in peer-to-peer networks

(author(s): Atip Asvanund, Karen Clay, Ramayya Krishnan, Michael Smith) arXiv preprint cs/0109106, 2001

• Cross-country price differentials in the online textbook market

(author(s): Karen Clay, Choon Tay) Unpublished Paper, Carnegie Mellon University, Pittsburgh, 2001

• Prices and price dispersion on the web: evidence from the online book industry

(author(s): Karen Clay, Ramayya Krishnan, Eric Wolff) The Journal of Industrial Economics 49(4), 2001; 521–539

• The great experiment: Pricing on the Internet

(author(s): Karen Clay, Ramayya Krishnan, Michael Smith) The Heinz School, Carnegie Mellon, 2001

• The puzzling demise of the whiskey trust
  JOURNAL OF ECONOMIC HISTORY

(author(s): Karen Clay, W Troesken) 2001; 527–528

• Cultivating California: Growers, Specialty Crops, and Labor, 1875–1920. By David Vaught. Baltimore: Johns Hopkins University Press. Pp. x, 280. $38.00.

The Journal of Economic History 60(04), 2000; 1160–1160

• Pricing strategies on the web: Evidence from the online book industry
  Proceedings of the 2nd ACM conference on Electronic commerce

(author(s): Karen Clay, Ramayya Krishnan, Eric Wolff) 2000; 44–55

• SQUATTING AND THE SETTLEMENT OF THE UNITED STATES

2000

• The choice-within-constraints new institutionalism and implications for sociology

(author(s): Paul Ingram, Karen Clay) Annual review of sociology, 2000; 525–546

• Treasure from the Painted Hills: A History of Calico, California, 1882–1907. By Douglas Steeples. Westport, CT: Greenwood Press, 1999. Pp. xix, 142. $49.95.

The Journal of Economic History 60(02), 2000; 579–580

• Trust, Risk And Electronic Commerce: Nineteenth Century Lessons For The Twenty-First Century

(author(s): Karen Clay, Robert Strauss) Proceedings. Annual Conference on Taxation and Minutes of the Annual Meeting of the National Tax Association, 2000; 53–63

• Consumers’ Willingness to Pay for Intermediation: A Case Study of Peapod

(author(s): Karen Clay, Eric Wolff) Citeseer, 1999

• Did the Trusts Have Market Power? Evidence from Distilling, 1881-1898

(author(s): Werner Troesken, Karen Clay) University of Pittsburgh and Carnegie Mellon University, 1999

• Online Book Seller Strategies: An Empirical Analysis

Carnegie Mellon University, Institute for Complex Engineered Systems, 1999

• Property Rights and Institutions: Congress and the California Land Act 1851

The Journal of Economic History 59(01), 1999; 122–142

• LAND TENURE CONTRACTS IN POST-GOLD RUSH CALIFORNIA

Land, Labour and Tenure: The Institutional Arrangements of Conflict and Cooperation in Comparative Perspective, 1998; 153

• Trade without law: private-order institutions in Mexican California

Journal of Law, Economics, and Organization 13(1), 1997; 202–231

• A Coasean general equilibrium model of regulation

Journal of Public Economics 53(3), 1994; 459–475

• Trade, Institutions and Law: The Experience of Mexican California

All-UC Group in Economic History, 1993

• Ex post vs. ex ante pricing: Optional calling plans and tapered tariffs

(author(s): Karen Clay, David Sibley, Padmanabhan Srinagesh) Journal of Regulatory Economics 4(2), 1992; 115–138

COURSES TAUGHT

• American Economic History (73476) 2016 Section: A
  2007 Section: A
  2005 Section: A

• Law & Economics (73408) 2016 Section: A

• LAW & ECONOMICS (73408) 2015 Section: A
  2014 Section: A

• Law and Economics (73408) 2012 Section: A
  2011 Section: A
  2010 Section: A

• Industrial Organization (73365) 2007 Section: A, A
  2006 Section: A