Events
Past Event
WED@NICO SEMINAR: Steve Cicala, University of Chicago "Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation"
Northwestern Institute on Complex Systems (NICO)
12:00 PM
//
Lower Level, Chambers Hall
Details
Speaker:
Steve Cicala - Assistant Professor, University of Chicago Harris School of Public Policy
Title:
Imperfect Markets versus Imperfect Regulation in U.S. Electricity Generation
Abstract:
This paper evaluates changes in electricity generation costs caused by the introduction of market mechanisms to allocate production in the United States. I use the staggered transition to markets from 1999-2012 to estimate the causal impact of liberalization using a differences-in-differences design on a comprehensive hourly panel of electricity demand, generators' costs, capacities, and output. I find that markets reduce production costs by 5% by reallocating production: Gains from trade across service areas increase by 55% based on a 25% increase in traded electricity, and costs from using uneconomical units fall 16%.
Speaker Bio:
Steve Cicala is an assistant professor at the University of Chicago Harris School of Public Policy and a Faculty Research Fellow at the National Bureau of Economic Research. His work focuses on the economics of regulation, particularly with respect to environmental and energy policy.
Live Stream:
Time
Wednesday, October 16, 2019 at 12:00 PM - 1:00 PM
Location
Lower Level, Chambers Hall Map
Contact
Calendar
Northwestern Institute on Complex Systems (NICO)
Fall 2026 Classes Begin
University Academic Calendar
All Day
Details
Fall 2026 Classes Begin
Time
Wednesday, September 23, 2026
Contact
Calendar
University Academic Calendar
NICO Reading Group - Fall 2026 First Meeting
Northwestern Institute on Complex Systems (NICO)
6:00 PM
//
Chambers Hall
Details
The NICO Reading Group meets for the first this fall on Wednesday, September 23, 2026. Please contact Jaeseon Ha if you are interested in joining our group.
About:
The NICO Reading Group brings together people across disciplines to read and discuss important ideas in modern AI. We focus on topics such as AI agents, tuning, harnesses, evaluation, AI for scientific discovery, and applications of AI across different fields. The goal is to understand important ideas in AI more deeply by learning and thinking across disciplines.
Leadership:
Jaeseon Ha, a Kellogg MBA + AI student, will lead the reading group during the Fall 2026 term. Please contact Jaeseon with any questions or reach out to us at nico@northwestern.edu.
Meeting Times:
Date: Biweekly on Wednesday evening, starting on September 23, 2026
Time: 6-7pm
Location: NICO main office, Chambers Hall,
600 Foster St, Evanston, IL 60208
Time
Wednesday, September 23, 2026 at 6:00 PM - 7:00 PM
Location
Chambers Hall Map
Contact
Calendar
Northwestern Institute on Complex Systems (NICO)
WED@NICO Seminar Series returns on September 30, 2026
Northwestern Institute on Complex Systems (NICO)
12:00 PM
//
Lower Level, Chambers Hall
Details
The Wednesdays@NICO seminar series returns September 30, 2026, running through November 11, 2026, with the following speakers.
9/30/2026 - Luis Amaral, Northwestern University
10/7/2026 - Kristina Lerman, Indiana University
10/14/2026 - Tim Tangherlini, University of California, Berkeley
10/21/2026 - Andreia Sofia Teixeira, Northeastern University London
10/28/2026 - Rafael Prieto-Curiel, Complexity Science Hub, Vienna
11/4/2026 - Hamsa Bastani, University of Pennsylvania
11/11/2026 - Mayank Agrawal, Proof of Human
We will share detailed speaker information, talk titles and abstracts, in the coming weeks.
Location:
In person: Chambers Hall, 600 Foster Street, Lower Level
Remote option TBA
About the Speaker Series:
Wednesdays@NICO is a vibrant weekly seminar series focusing broadly on the topics of complex systems, networks, and artificial intelligence. It brings together attendees ranging from graduate students to senior faculty who span all of the schools across Northwestern, from applied math to sociology to biology and every discipline in-between. Please visit: https://bit.ly/WedatNICO for information on future speakers.
Time
Wednesday, September 30, 2026 at 12:00 PM - 1:00 PM
Location
Lower Level, Chambers Hall Map
Contact
Calendar
Northwestern Institute on Complex Systems (NICO)