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 an assistant professor in the Economics Department at Gettysburg College, Pennsylvania. Dr. Baltaduonis' broad fields of specialty are energy economics, industrial organization, experimental economics, and market design. His current research is focused on deregulated electricity industry. At Gettysburg College, he teaches Industrial Organization & Public Policy, Energy Economics, and Experimental Economics. The National Science Foundation, the International Foundation for Research in Experimental Economics and the Australian Research Council have supported his research. Dr. Baltaduonis is also an Affiliate Researcher at the Resources, Energy and Environmental Markets Lab in the University of Sydney, Australia, and at El Centro Vernon Smith de Economia Experimental in Universidad Francisco Marroquin, Guatemala. Prior to assuming his position at Gettysburg College, Dr. 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 holds a Ph.D. from the University of Connecticut.

News! During the fall of 2014, I am leading Gettysburg's Semester in England Program which among other things entails conducting an interdisciplinary and experiential seminar titled "Does London win Olympic gold for sustainability? An exploration of the UKs 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

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! In May, 2014, I traveled to Lithuania to give a few lectures on energy economics to graduate students at the International Business School at Vilnius University.

News! My paper titled "Risk Preferences and Prenatal Exposure to Sex Hormones for Ladinos" and co-authored with Diego Aycinena and Lucas Rentschler was published by PLoS ONE. Read more about that here.

News! My paper titled "Valuation structure in first-price and least-revenue auctions: an experimental investigation" and co-authored with Diego Aycinena and Lucas Rentschler was published by Experimental Economics. Read more about that here.

News Gettysburg College student-faculty research:

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 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.

News Since August 2009, I continue to pursue my research and teaching in economics as an Assistant Professor at Gettysburg College in Pennsylvania.

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