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WP436
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp436.pdf9 Jul 2023: corporation and a private citizen cannot but have an influence on the outcome of any negotiations or litigation between them. ... First, corporations will be highly unlikely to take account of affected groups unless they have the. -
wp261
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp261.pdf9 Jul 2023: because these directors have made a significant investment in establishing their reputation as decision experts. ... f Number of mergers in which bidder and target have the same 4-digit SIC code. -
ISSN 2632-9611 ELUCIDATING LIMITED SHAREHOLDER ENGAGEMENT:…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp516.pdf9 Jul 2023: Over the past twenty years, law and economics scholars have argued that fiduciary duties can best be explained through the lens of contract. ... discussions with women who were deciding whether or not to have an abortion. -
A Quantitative Analysis of Pricing Behavior In California’s Wholesale …
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2.pdf5 Dec 2023: We have tried assigning this energy to periods within each month using different algorithms. ... We give a full discussion of the choices we have made in the Appendix. -
Global financial centres in an era of globalisation
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp229.pdf9 Jul 2023: The advantageous locational assets provide national firms a strong basis for competitive advantages that foreign firms do not have. ... foreign firms are likely to have via-a-vis local ones (Miller 2001, Miller and Parkhe 2002). -
Response to DTI final 3 April final
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-responsetodti.pdf13 Feb 2024: Most low-Ctechnologies are capital-intensive but have low (or virtually zero) running costs. ... They appear to have apivotal role in helping define the limits of the possible. -
www.eprg.group.cam.ac.uk Rising Temperatures, Falling Ratings: The…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2110.pdf11 Dec 2023: for assets of $150 trillion have expressed support for the TCFD (TCFD 2020). ... Although the science, economics, and politics of climate change are widely studied, we do not have a reliable source of information on how climate change will impact every -
www.eprg.group.cam.ac.uk The private and social value of British…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1913.pdf11 Dec 2023: GB as they have been impacted by the EU Third Energy Package and GB carbon taxes. ... FTRs have the same advantage as Contracts-for-Differences (CfDs) in local markets. -
wp 412 paper
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp412.pdf9 Jul 2023: Scholars of the economics of technical change have stressed more than others that the search for new knowledge is intentional, costly, and yet uncertain. ... Agents do not face problems but situations. They have to abstract and frame the problem. -
www.eprg.group.cam.ac.uk Market power and long-term gas contracts:…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2115.pdf11 Dec 2023: 3. consequences. Our research contributes to the energy economics literature in several ways. ... 5. CONCLUSION European LTCs have been restructured since the early 2000s to remove restrictive. -
1 INVESTIGATING THE FIDUCIARY USING SOCIAL POSITIONING THEORY: AN ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp536.pdf9 Jul 2023: JEL codes: A12 Relation of Economics to Other Disciplines. D02 Institutions: Design, Formation, Operations, and Impact. ... of a beneficiary when they have been appointed to do so, either directly by the beneficiary, or by a third party. -
wp 347_updated
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp347.pdf9 Jul 2023: corporate governance scholars3 have much to say to all those, who perhaps too. ... 3. orientation that both German5 and Japanese. 6 firms have long been endorsing. -
PDF - One Market, One Money, One Price? Price Dispersion in the…
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0501.pdf9 Jul 2023: 2 Theory and Literature. 2.1 Theory. In the international economics literature, the LOOP and its aggregate coun-terpart, Purchasing Power Parity (PPP), have provided a useful benchmarkfor the dynamics of ... 12Panel unit root and co-integration -
Central_Decentral_EPRG_AhlqvistHolmbergTangerås_190327b
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1902.pdf11 Dec 2023: dramatically. Such advances have contributed to PJM’s recent introduction of 5-minute delivery periods. ... Most European countries have one zone per country, but some countries have several zones. -
Document 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1808.pdf8 Dec 2023: 2012). Some of these approaches have also discussed inertia and potential costs of change. ... Subsequent theories and empirics have similarly emphasised the importance of inertia (see e.g. -
Energy World April.indd
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-09-Electrical-energy-storeage-economics-and-challenges.pdf7 Feb 2024: system. In relation to technical issues, energy storage methods have not diversified and are still focused on few technologies. ... Pumped hydropower is the only large-scale and cost-efficient technology, according to the International Renewable Energy -
WPM$0C31
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp45.pdf5 Dec 2023: Key words: competition, electricity, regulation JEL classifications: L94 electric utilities, L51 economics of regulation. ... followed by an indefinite period, it provides that the customer shall have the. -
1 Insure or Unsure? A Case of the Basis ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/2020-06-23-riskprizeentry-vosper.pdf9 Jul 2023: geography. Previously, I have completed a bachelor’s degree in Economics, Mathematics and Environmental Science, in South Africa, as well as an MPhil in Environmental Policy at Cambridge. ... near 200 000 adoptions by smallholder farmers across -
WP302
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp302.pdf9 Jul 2023: These previous papers have involved the construction of metrics for assessing MNC engagement. ... The long-running Tomorrows’ People charity (see Case Study 1) has recently been evaluated by Oxford Economic Forecasting (2004) whilst the New Economics -
www.eprg.group.cam.ac.uk Strategic Reserves versus Market-wide…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2109.pdf11 Dec 2023: used. Typically, low variable-cost technologies have a high investment cost, and vice versa. ... Nelder (2013) argues that the authorities in Australia have been poor at estimating demand. -
On Dividend Policy
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1827.pdf8 Dec 2023: regulatory risk, regulatory mistakes, dynamic inconsistency) have, at least in theory, been removed. ... have also vertically integrated) while the 3rd Tier represents the boutique sub-scale new entrants. -
On Dividend Policy
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2002.pdf11 Dec 2023: Professor of Economics, Griffith Business School, Griffith University. Views expressed in this article are those of the author. ... See for example Utilities Policy Volume 16 (2008) or Economics of Energy & Environmental Policy Volume 2 (2013). -
wp 362_final
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp362.pdf9 Jul 2023: economics literature. On the one hand, it was argued that secured credit helped. ... scholars have heeded Kripke’s call for more empirical research.2 A growing. -
September 2001
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp258.pdf9 Jul 2023: Typically, however, these institutions have tended to provide funds for large rather than small companies. ... It is argued that common law countries would have better protection for minority shareholders, as well as superior. -
NIS CBR Working Paper_e1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp397.pdf9 Jul 2023: They argue that liberal and coordinated market economies have very different capacities for innovation. ... Neo-Schumpeterians have developed these ideas drawing upon the biological and physical sciences. -
WPM$75DC
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp288.pdf9 Jul 2023: Both organisations have been collaborating on creating a ‘best-practice’ code for corporate governance. ... firms and a stock market takeover mechanism may have serious drawbacks for developing countries. -
wp265
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp265.pdf9 Jul 2023: The other 7 countries have mean values that are above the base case. ... Interestingly, five of those countries have mean values that are above the base case. -
INSTITUTIONAL SOLUTIONS TO PRECARIOUSNESS AND INEQUALITY IN LABOUR…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp463.pdf9 Jul 2023: and to have a distinct legal regime for managerial cadres (Veneziani, 1986; Deakin, 2006). ... This is consistent with studies that have noted that despite widespread use of temporary contracts for low skilled. -
WP301
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp301.pdf9 Jul 2023: We are therefore able to investigate issues that have been previously considered empirically intractable. ... Different streams of the academic literature have become segmented by each of these different investor. -
Implicit Contracts, Takeovers, and Corporate Governance: In the…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp254.pdf9 Jul 2023: The argument is developed as follows. Section 2 below outlines the theoretical positions which have been taken within the law and economics literature on the role of implicit contracts and related ... Yet a similar argument could equally well have been -
HolmbergNewberyAbstractEPRG1007
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1007.pdf6 Dec 2023: Visitor to the EPRG.zFaculty of Economics, University of Cambridge, Research Director, EPRG. ... have learned from the analysis of such markets, an active topic in the economics of Industrial. -
Document 1
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0903.pdf6 Dec 2023: Next we assess the economics of smart meters focusing on the costs and. ... Policy Research Group. SMART METERING AND ELECTRICITY DEMAND: TECHNOLOGY, ECONOMICS AND INTERNATIONAL EXPERIENCE. -
0816_cover
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0816.pdf6 Dec 2023: of the additional step. In Germany, two significant events have already triggered a. ... Beyond about 2018, we have reliable information about decommissioning but not about new. -
1 ELECTRICITY NETWORK SCENARIOS FOR THE UK IN 2050
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0513.pdf5 Dec 2023: Jonathan Köhler. Faculty of Economics, University of Cambridge. Matthew Leach, Efterpi Lampaditou Imperial College Centre for Energy Policy and Technology,. ... suitable date by which significant and wide ranging changes in the British electricity -
Cover page_DeJonghe_hobbs
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1113.pdf6 Dec 2023: electric power systems. More recently, these models have been extended in order to. ... constraints, which have, for many years, been assumed to be unimportant in the. -
www.eprg.group.cam.ac.uk Markets and long-term contracts: The case of …
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1524.pdf8 Dec 2023: EPRG Working Paper 1524 Cambridge Working Paper in Economics 1542. Chi-Kong Chyong Abstract Different hydrocarbon producer sales strategies have widely divergent implications for the value of Gazprom’s gas exports ... This is another contribution of -
Cambridge Judge Business School Working Paper No. 3/2014 “PAY ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp1403.pdf9 Jul 2023: sustaining PWYW when consumers have limited feedback about each other’s payments, or. ... Consumers may be heterogeneous in that they may have different ui s.3. -
PDF - How valuable is a piece of the spectrum? Determination of value …
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0604.pdf9 Jul 2023: While researchers have pointed out the importance of strategic calculation in acquiring external,. ... participant participants. Pollock and Rindova (2003) for instance have written about the significant. -
ACQUISITION, INSOLVENCY AND MANAGERS IN UK SMALL COMPANIES Natalia ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp390.pdf9 Jul 2023: Email: n.isachenkova@kingston.ac.uk. and. Melvyn Weeks Faculty of Economics and Clare College. ... recognising that mortgages with different years of origin have qualitatively different risk characteristics. -
www.eprg.group.cam.ac.uk Carbon pricing and the elasticity of CO2…
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2035.pdf11 Dec 2023: Cambridge Working Paper in Economics 20116. Ryan Rafaty, Geoffroy Dolphin and Felix Pretis. ... Climate Change (Milan), and the Economics Seminar Series at University of Rome ‘Tor Vergata’. -
www.eprg.group.cam.ac.uk EP RG WO RK ING PA PE R ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1212.pdf7 Dec 2023: OECD countries if the head of executive has an educational background in economics. ... ii) does foreign. influence resulting from the dependence on foreign financial support have an. -
Abstract_EPRG1125
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1125.pdf6 Dec 2023: Each interstate gas company owns and operates its own transmission system and does not have a regional monopoly. ... model that energy market reforms have tried to move away from, however it is. -
Exkurs Klimaerwärmung
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-swisstransmission.pdf13 Feb 2024: The choice of charging system and implied horizon-tal transfers between countries and vertical transfers between transmission levels will have direct im-plications for the economics of interconnector investments, and possibly ... Various options for -
Deconstructing Clusters
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp244.pdf9 Jul 2023: it is that ‘clusters’ have gate-crashed the economic policy arena when the. ... 1999). In the words of one analyst, clusters have “the discreet charm of. -
wp276
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp276.pdf9 Jul 2023: Acquirers in quintile 1 have the lowest market-to-book ratio (or size). ... Calendar months with less than 5 observations have been excluded from the analysis. -
WPM$6E43
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp37.pdf5 Dec 2023: UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. Cambridge Working Papers in Economics. Not to be quoted without permission. ... The Minority member said that he had expertise in engineering, economics and sociology. -
PDF - Competitive Bidding for a Longterm Electricity Distribution…
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0107-1.pdf9 Jul 2023: Goldberg view seems to have prevailed, at least in the economics literature. ... Increasingly, other countries have adopted similar policies, including some states in the US. -
Learning by Doing with Constrained Growth Rates
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0820.pdf6 Dec 2023: distribution networks in New Zealand and the resulting economic consequences have received little. ... demonstrates). In many instances the networks have remained part of the integrated utility. -
WP 2017/01: Improving patient access to care
https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp1701.pdf9 Jul 2023: have not yet been the focus of otherwise extensive theoretical economics and regulation literature. ... performance-based incentives on the time patients have to wait before receiving care. -
HOW DO MULTINATIONALS BUILD SOCIAL CAPITAL? EVIDENCE FROM SOUTH ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp220.pdf9 Jul 2023: There have been various different studies which have measured social capital at different levels. ... capital which cannot be picked up but have high leverage in the community.
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