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6 Dec 2023: Corresponding author. Faculty of Economics, ESRC Electricity Policy Research Group,. University of Cambridge, Sidgwick Avenue, Austin Robinson Bldg., Cambridge CB3 9DE, UK. ... Section 2 discusses some important and relevant features of the model and

7 Dec 2023: For instance, the Massachusets Department of Public Utilities was formed in 1861 (see http://www.naruc.org/commissions.cfm, accessed October 11, 2011). EPRG WP 1208 . 5 . ... calculate  the aggregate welfare effect directly.

6 Dec 2023: imbalances. One price is applied to positive imbalances, in which energy supplied in excess of. ... Different levels. of penalties are applied to these day ahead prices on the exchanges.

9 Jul 2023: 315. by. Ajit Singh University of Cambridge. Centre for Business Research and Faculty of Economics Cambridge CB3 9DD, UK ajit.singh@econ.cam.ac.uk.

5 Dec 2023: CMI Working Paper Series. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. ConfpapEnjournBritain 30/11/04 1. ... At the time. Professor, Department of Applied Economics, University of Cambridge, Sidgwick Avenue,Cambridge, England CB3 9DE (E-mail:

9 Jul 2023: the Centre for Business Research, Department of Applied Economics, University of Cambridge. ... It is also striking that the Tavistock piece is cited widely in the management and applied psychology literature, and almost never in economics, as table 1

9 Jul 2023: Acknowledgements This paper was mostly written when I was visiting the Centre for Business Research in the Department of Applied Economics of the University of Cambridge (UK), during the first term

5 Dec 2023: pricing mechanisms. Keywords: European emission trading, auctions, price floor JEL classifications: D44, L10, Q52  _____________________________________________________________________________________________. E‐mail address: ... However,

9 Jul 2023: Working Paper No. 460. Ajit Singh. Emeritus Professor of Economics, University of Cambridge Life Fellow Queens’ College Cambridge. ... of welfare economics cannot be met, restricted rather than unrestricted competition may be a superior strategy.

9 Jul 2023: Certainly, the more extended the risk-taking, or more generally, the lower the discount factors applied to future outcomes, the more vulnerable are markets to a shock that abruptly triggers a ... Indeed, in broader terms, contrary to text book