• Role:

  • Position:

    • Professor
  • Concentration:

    • Environmental
    • Macroeconomics
    • Ecological and Resource Economics
    • Economics of Climate Change
  • Department:

    • Economics
  • Education:

    • Ph.D. Economics, 2009, University of Wisconsin--Madison
  • Curriculum Vitae:


Dr. Iverson is an environmental economist and macroeconomist who uses applied theory and numerical methods to study issues in the economics of climate change and other environmental policy problems.  In a recent paper, he explores options for using a ``two-tier climate club'' to support high levels of global carbon abatement in an international environmental agreement.  He is also working on a macroeconomic analysis of the carbon footprint from cryptocurrency mining.  During the pandemic, he wrote multiple papers on the problem of "optimal social distancing", and co-taught a course on the Economics of COVID-19 that was featured in The New Yorker and The Denver Channel. He also teaches graduate and undergraduate courses in environmental economics, including a senior seminar on the economics of climate change, and a graduate course in macroeconomics.  Recent research was featured on Confessions of a Supply Side LiberalThe Source, and The Berkeley Rauser.


T. Iverson, L. Karp, A. Peri (2022): "Optimal Social Distancing and the Economics of Uncertain Vaccine Arrival," Journal of Public Economic Theory, forthcoming.

T. Iverson and L. Karp (2021): "Carbon Taxes and Commitment with Non-Constant Time Preference," Review of Economic Studies, 88(2) 764-799.

Iverson, T., & Barbier, E. (2021). “National and Sub-National Social Distancing Responses to COVID-19,” Economies9(2), 69.

E. Barbier, J. Burgess, T. Iverson (2020): "Are Sub-National Agreements for Carbon Abatement Effective?" Energies, forthcoming.

S. Zahran, T. Iverson, S. McElmurry, and S. Weilar (2019): "Hidden Costs of Fire Non-Suppression in Detroit: Evidence from a Natural Experiment in Devil's Night," Ecological Economics, 157, 266-277.

H. Cutler, J. Hess, T. Iverson, D. Manning (2018): "Uncertainty, Learning, and Local Opposition to Hydraulic Fracturing," Environmental and Resource Economics, forthcoming.

E. Barbier and T. Iverson (2018): “There are better ways to foster solar innovation and save jobs thanTrump’s tariffs.” The Conversation, January 22, 2018. to-foster-solar-innovation-and-save-jobs-than-trumps-tariffs-90532

S. Zahran, T. Iverson, S. McElmurry, S. Weiler (2017): "The Effect of Leaded Aviation Gasoline on Blood Lead in Children," Journal of the Association of Environmental and Resource Economics, 4(2), 575-610.

C. Hannum, H. Cutler, T. Iverson & D. Keyser (2017): "Estimating the implied cost of carbon in future scenarios using a CGE model: The Case of Colorado." Energy Policy, 102, 500-511.

E. Barbier and T. Iverson (2017): “Better ways to foster solar innovation and save jobs.” The Conversation, December 21, 2017. and-save-jobs-87481

T. Iverson, S. Denning, S. Zahran (2015): "When the Long Run Matters: The Joint Effect of Carbon Decay and Discounting,''
Climatic Change, 129: 57-72.

S. Zahran, T. Iverson, S. Weilar, T. Underwood (2014): "Evidence the Accuracy of Self-Reported Lead Emissions Data Improved: A Puzzle and Discussion,"
Journal of Risk and Uncertainty 49:235-257.

T. Iverson (2013): "Minimax Regret Discounting," Journal of Environmental Economics and Management, 66(3):598-608.

T. Iverson (2012): "Communicating Trade-offs Amid Controversial Science: Decision Support For Climate Policy," Ecological Economics 77: 74-90.

C. Keske, S. Evans, and T. Iverson (2012): "Total Cost Electricity Pricing," Electricity Journal 25(2): 7-15.

T. Iverson and C. Perrings (2011): "Precaution and Proportionality in the Management of Global Environmental Change," Global Environmental Change 22(1):161-177.

C. Bond and T. Iverson (2011): "Modeling Information in Environmental Decision Making," Western Economic Forum 10(2):33-49.

J. Liu, A. Rinzler, H. Dai, J. Hafner, K. Bradley, P. Boul, A. Lu, T. Iverson, K. Shelimov, C. Huffman, F. Rodriguez, Y. Shon, T. Randal, D. Colbert, R. Smalley (1998): "Fullerene Pipes," Science 280(5367):1253-1256.

Working Papers

Advancing Global Carbon Abatement with a Two-Tier Climate Club, July 2022. CESifo Working Paper No. 9831.

Protecting the vulnerable during a pandemic with uncertain vaccine arrival and reinfection, July 2020.  With L. Karp and A. Peri.  Working paper, SSRN #3648714.

National and Sub-National Social Distancing Responses to COVID-19, July 2020.  With E. Barbier. CESifo Working Paper No. 8452.

Burn Coal?  The Supply-Side Case for Carbon Capture and Storage, October 2019. Working paper.

Climate Policy and the Equilibrium Rate of Interest, June 2016. With Elisa Belifiori. Working paper.


  • Econ 741: Graduate Environmental Economics

  • Econ 492: Capstone Seminar on the Economics of Climate Change

  • Econ 101: The Economics of COVID