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Competition and the UK retail energy market
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_Australia_Dec17-.pdf2 Feb 2024: Focus on customer failure but little acknowledgement of regulatory failure• Conclusion: Need to reorient behavioural economics to reforming. ... No, revise textbooks • This will require retraining economics profession? May be happening. -
The return to price caps: Where did it all go wrong and how to fix…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_9Oct17_Beesley.pdf2 Feb 2024: No. • Economics textbooks should adopt CC/CMA definition (or similar). • Remedy 9: Rewrite Economics textbooks • This will probably also require • Remedy 10: Retrain the Economics profession. – ... Also need to rethink behavioural economics & -
Competition and the UK retail energy market
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_NZ_Dec17.pdf2 Feb 2024: Revise CC/CMA definition to fit textbooks? No, revise economics textbooks • This will require retraining economics profession? ... analyses by Ofgem & CMA deficient in various respects• Problems too with some uses of behavioural economics & -
Chairs of Applied Economics and Economic Theory
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-caeet14sept08.pdf31 Jan 2024: 3 “Some applied economics of utility regulation”, Energy Journal Special Issue, 29 (?), September, 2008. ... It would seem that the established economics profession in England has been more attracted to economic theory, while the provinces and
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