I am entirely in favor of experimentation -
indeed for very much more freedom than conservative governments tend to allow.
-Friedrich August von Hayek (The Fatal Conceit 1989)

Welcome to Rim's website


Rimvydas Baltaduonis, Ph.D., - Rim – is a Lecturer in the Department of Economics at Stanford University. In January of 2024, he joined the SLAC National Accelerator Laboratory at Stanford University as a Project Scientist with the Grid Integration Systems and Mobility GISMo team. Dr. Baltaduonis is also an Associate Professor (currently on leave) in the Economics Department at Gettysburg College and co-directs Gettysburg Lab for Experimental Economics (GLEE). While being a longtime affiliate of the Institute for Regulatory Law & Economics (IRLE), Dr. Baltaduonis worked as a Visiting Senior Research Scholar at Columbia’s Center on Global Energy Policy (CGEP) during 2019-2020 academic year and a Visiting Senior Scholar at the Federal Energy Regulatory Commission (FERC) from 2015 to 2017. Dr. Baltaduonis' areas of expertise are industrial organization, energy and environmental economics, energy security, experimental and behavioral economics. His current research focuses on the design and behavior of electric power markets. He also conducts workshops on laboratory economics experiments designed to inform energy policy. At Stanford University, Dr. Baltaduonis teaches an economic policy seminar on “Energy Transition & Security”, and a course titled “Energy Market Design & Regulation”. At Gettysburg College, he taught Industrial Organization, Energy & Security, Energy Economics and Experimental Economics. The National Science Foundation, the International Foundation for Research in Experimental Economics (IFREE) and the Australian Research Council have supported his research. Prior to assuming his faculty position at Gettysburg College, Baltaduonis was an IFREE Visiting Post-doctoral Fellow in the Interdisciplinary Center for Economic Science at George Mason University and later at the Economics Science Institute at Chapman University. He earned his PhD and MA in Economics from the University of Connecticut and a BSc in Economics from Vilnius University in Lithuania.

News In January 2024, I started working as a Project Scientist with the SLAC National Accelerator Laboratory’s GISMo team at Stanford University.

News During 2019-2020 academic year, I was a Visiting Senior Research Scholar in the Center on Global Energy Policy (CGEP) at Columbia University in the City of New York.

News During June 2018, I was a Visiting Scholar at International Business School of Beijing Foreign Studies University in Beijing, China, and was also working with my student Tyler Mann.

News In May 2018, I was reelected for a three-year term to the Lithuanian-American Community Board of Directors.

News During 2016-2020, I was an elected member of the Commission of the Lithuanian Parliament and the Lithuanian World Community from the USA and, in January 2017, I was confirmed as a co-chairman of this Commission.

Technical tour of Solar Thermal Power Generating Project in Yanqing, China, organized by the IAEE (International Association for Energy Economics) Asian Conference 2014

News Take a look at our brand new and state of the art Gettysburg Laboratory for Experimental Economics (GLEE):

News During the fall of 2014, I lead Gettysburg's Semester in England Program which among other things entailed conducting an interdisciplinary and experiential seminar titled "Does London win Olympic gold for sustainability? An exploration of the UK's commitment to green energy and the environment." in London followed by another course titled "Applied Economics" at the Lancaster University Management School.

London Seminar 2014 goes on a field trip to Dungeness Nuclear Power Station on the coast of Kent, England

News In February, 2013, I gave a JISEA brown bag presentation entitled "How Experimental Economics Can Inform the Design and Governance of Power Markets" at the National Renewable Energy Laboratory (NREL).

News During the spring semester in 2013, I was visiting the University of Colorado Law School.

News I joined a panel discussion on real-time electricity markets at a policy conference organized by Silicon Flatirons Center at the University of Colorado. Conference "Towards Dynamic Markets in Electric Power, Water, and Wireless Spectrum":

News I visited the Resources, Energy and Environmental Markets Lab (REEML) at the University of Sydney in June and the Institute for Finance, Banking and Insurance at Vienna University of Economics and Business in July, 2012.

News My colleagues Tihomir Ancev and Tim Capon from REEML at the University of Sydney and I received an Australian Research Council Linkage Grant "Emissions trading and the design and operation of Australia's energy markets" in collaboration with the Australian Financial Markets Association.

Gettysburg College field trip to the PJM Interconnection with my Energy Economics class 2011

Vilnius University Workshop in Experimental Economics 2011

Gettysburg College field trip to Washington D.C. with my Energy Economics and Industrial Organization & Public Policy classes 2010