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  2. 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.pdf
    11 Dec 2023: The competition authority’s decision was subsequently challenged by Nuon and NERA (2005) was asked to reconstruct the ECN/Frontier Economics models. ... They could improve the economics of gas trading and potentially liquidity in CEE gas markets but
  3. WP349

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp349.pdf
    9 Jul 2023: To speak of alignment or engagement between labour law and the social sciences is not to assume that the process is without difficulties. ... between law and industrialization, and from the perspective of comparative legal development under capitalism.
  4. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1014.pdf
    6 Dec 2023: 2. Electricity Policy Research Group, Department of Economics University of Cambridge, Cambridge CB3 9DD, UK. ... We first assume ‗No regulation‘ scenario cost and demand functions including demand variability, which is a fundamental feature of
  5. CBR Annual Report 2012_FINAL

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-annual-report-2012.pdf
    9 Jul 2023: Law and Industrial Relations  Journal of Empirical Legal Studies; Review of Law and  Economics; Law  and  Society  Review; American  Journal  of  Comparative  Law; Modern Law Review; Journal of Law and Society; ... Contributions 
  6. WP375_sarkar

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp375.pdf
    9 Jul 2023: 2003) Law and finance: why does legal. origin matter? Journal of Comparative Economics, 31(4), pp. ... Lopez de Silanes and A. Shleifer (2005) The Law. and economics of self-dealing, NBER Working Paper No.
  7. Local: C:\Documents and Settings\ismerr\My Documents\Diss\BTA050304 - …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp36.pdf
    5 Dec 2023: The proposal builds on the seminal work on border tax adjustments and their compatibility with WTO law which Hufbauer (1996) has undertaken in the context of a transition to a tax ... In accordance with WTO case law (Japan – Alcohol, p. 18; see also
  8. JP MO 21July05 CMI EP REV

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0503.pdf
    5 Dec 2023: 6. on the details of the auction [cf. Joskow & Tirole, 2000; and Grossman & Hart, 1980]. ... The results are strong and likely to generalise to a wider class of demandfunctions.
  9. TONY LAWSON’S THEORY OF THE CORPORATION: TOWARDS A SOCIAL ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp491.pdf
    9 Jul 2023: personality. In this paper I aim to use the Lawson-Searle exchange to cast light on the debate on the nature of the corporation in both economics and law. ... Section 3 then builds a bridge between these recent developments in social ontology and
  10. LAW, TRUST AND INSTITUTIONAL CHANGE IN CHINA: EVIDENCE FROM ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp485.pdf
    9 Jul 2023: Keywords: Chinese law; new institutional economics; law and finance; law and development; guanxi JEL codes: G38, K12, K22 Acknowledgements We gratefully acknowledge funding from the ESRC’s ‘Rising Powers’ Programme. ... Thus institutions and
  11. WP381_Siems-Differences

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp381.pdf
    9 Jul 2023: And as far as there is formal convergence but de facto persistence, this can lead to further research whether a “convergence of law and reality” may be expected in the future ... These changes have, for instance, been a result of EU law and political
  12. WP387_June_sarkar-singh

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp387.pdf
    9 Jul 2023: Beck, T., Demirgüç-Kunt, A. and Levine, R. 2003. Law and finance: why does legal origin matter?, Journal of Comparative Economics, vol. ... Djankov, S., La Porta, R., Lopez-de-Silanes, F. and Shleifer, A.2008. The law and economics of self-dealing,
  13. ENTREPRENEURIAL COLLABORATION: TERMS OF ENDEARMENT OR RULES OF

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp471.pdf
    9 Jul 2023: 3. The Second Transition: Neoclassical Law and Economics and ‘Shock Therapy’ in the 1990s 3.1 The Law and Economics of Transition The fall of the Berlin Wall in 1989 was ... Richard Posner, leading exponent of Chicago-school law and economics and
  14. PDF - Telecommunications in small economies: the impact of

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0719.pdf
    9 Jul 2023: minor attention by the economics and telecommunications literature (Hamilton,. 2003). While on average almost one out of three people in the world is a mobile. ... comprehensive case law and commentary, and network externalities. Adopting the.
  15. wp357

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp357.pdf
    9 Jul 2023: UK CORPORATE GOVERNANCE AND TAKEOVER PERFORMANCE. Centre for Business Research, University of Cambridge. ... performance in the UK, the role of the board and of non-executive directors in.
  16. Introduction

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp240.pdf
    9 Jul 2023: the link between network embeddedness and value generation remains a largely unexplored area of research. ... perceived quality of that actor’s competitors’ products (Fombrun and Shanley 1990; Podolny 1993).
  17. OWNERSHIP, INSTITUTIONS AND FIRM VALUE: CROSS-PROVINCIAL EVIDENCE…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp484.pdf
    9 Jul 2023: I would also like to thank the Chinese Academy of Social Sciences and the Central University of Finance and Economics for providing me with the Marketization Index for China’s Provinces ... Also, special thanks and appreciation go to Weifang Florence
  18. www.eprg.group.cam.ac.uk Challenges to the Future of European Single…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1908.pdf
    11 Dec 2023: We employ a transaction cost economics framework to understand how we got to where we are in terms of the evolution of the gas industry structure in Europe and its institutional ... Europe which we summarise in our next section. 4. European gas markets:
  19. Mutuality and Corporate Governance: The Evolution of UK Building…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp205.pdf
    9 Jul 2023: They are therefore unlike most normal corporate bodies which are free to decide their functions and method of operation within the general law of the land’ (BSA, 1983: 5). ... The overall impact of the City Code, in conjunction with a number of rules
  20. wp 399 paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp399.pdf
    9 Jul 2023: by. John Armour Lovells Professor of Law and Finance. University of Oxford Oriel College. ... Although the scope of the legal origins claim has since been extended to cover a number of other areas of law and regu-lation, it is this early work on the
  21. Partnership, Ownership and Control:

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp200.pdf
    9 Jul 2023: JEL Codes: G34, J53, K22, K23 Keywords: corporate governance, industrial partnership, stakeholding, co-operation Acknowledgements Paper prepared for the Conference on ‘Corporate Governance: Reassessing Ownership and Control’, Faculty of Law,
  22. WP354

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp354.pdf
    9 Jul 2023: THE IMPACT OF MERGERS AND ACQUISITIONS ON EXECUTIVE PAY IN THE UNITED KINGDOM. ... Columns (1)-(2) include all acquisitions with a relative size of 5% and greater.
  23. www.eprg.group.cam.ac.uk The Productivity Puzzle in Network…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2021.pdf
    11 Dec 2023: EPRG Working Paper 2021. Cambridge Working Paper in Economics 2073. Victor Ajayi. ... We also wish to thank the International Association for Energy Economics (IAEE) and participants at its conferences for earlier comments.
  24. WP 423 Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp423.pdf
    9 Jul 2023: Section 5 concludes. 2. Legal Origins Theory: Refining the Core Hypotheses The theoretical foundation of the interdisciplinary field of law and finance lies in new institutional economics, and specifically in the ... Source: Armour et al., 2009c. In the
  25. WP 448 Paper2

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp448.pdf
    9 Jul 2023: Governance, which takes the form of private contract supplemented by law and regulation (Williamson, 1986), has the aim of aligning the incentives of the parties in such a way as to ... 303; Hansmann and Kraakman, 2001: 450), and a normative claim to the
  26. WP393

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp393.pdf
    9 Jul 2023: Given that there is a strong correlation between countries’ rule of law and their level of de-velopment76, this particular finding is consistent with our earlier finding that developed countries, on ... This could be interpreted as a confirmation of
  27. ‘WAGE’, ‘SALARY’ AND ‘REMUNERATION’: A GENEALOGICAL EXPLORATION OF

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp499.pdf
    9 Jul 2023: JEL Codes: B13; B14; B15; B24; J40; J48; J83; K3. Key words: contract of employment, remuneration, wages, deductions, legal evolution, law and economics. ... Acknowledgements: A version of this paper is forthcoming in the Industrial Law Journal.
  28. LEGAL PERCEPTION AND FINANCE: THE CASE OF IPO FIRM ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp532.pdf
    9 Jul 2023: In this paper, we question this assumption and seek to explicitly distinguish the perception of law and positive law as two distinct constructs. ... Indeed, as explained above, the legal signaling view acknowledges that there can be discrepancies between
  29. 11-12 Trumpington Street, Cambridge CB2 1AG Centre for Business ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-annual-report-2016.pdf
    9 Jul 2023: Our research outputs appeared in leading journals across several disciplines, including Journal of Comparative Economics, Socio-Economic Review, Research Policy and Journal of Corporate Law Studies. ... Employment relations International Labour Review;
  30. THE WORLD SYSTEM AND THE HOLLOWING-OUT OF STATE CAPACITY: ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp503.pdf
    9 Jul 2023: The substantive content of conditionality reflects the belief in neoclassical economics—an intellectual tradition firmly located in core capitalist nations (Fourcade-Gourinchas and Babb 2002)—that states should perform a minimal ... Having embraced
  31. WP 416 Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp416.pdf
    9 Jul 2023: For very helpful comments on previous drafts I am grateful to Colin Mayer and the anonymous reviewer at the Journal of Corporate Law Studies (in which a version of this paper ... 4. Reflexive Harmonisation and Corporate Law The theoretical framework of
  32. INSTITUTIONAL SOLUTIONS TO PRECARIOUSNESS AND INEQUALITY IN LABOUR…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp463.pdf
    9 Jul 2023: Nonetheless, the experience of Europe, where the SER originated and reached its clearest expression in law and practice, remains a core case when considering the global trajectory of the SER and ... 107). The founders of the welfare state were reacting
  33. WP373_Zumbansen

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp373.pdf
    9 Jul 2023: the scope of legal regulation of business in the context of Keynesian economics and Welfare statism, on the other. ... post-Keynesian economics and post-Welfare state governance, future attention has to be directed to both corporations and the state as
  34. WP298

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp298.pdf
    9 Jul 2023: Along these lines Vermeulen and Barkema (2001) argue that acquisitions can be employed as a means of technological renewal and restoring technological diversity and of avoiding the inertia and simplicity that ... The initial set of characteristics that
  35. Implicit Contracts, Takeovers, and Corporate Governance: In the…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp254.pdf
    9 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 ... To make progress in understanding the effects of
  36. PDF - Privatising national oil companies: assessing the impact on…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0802.pdf
    9 Jul 2023: CORE Doctoral Research Conference, both at the University of Cambridge, the 9th European Conference of the International Association for Energy Economics (IAEE), and the 11th Annual Conference of the International Society ... for New Institutional
  37. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0917.pdf
    6 Dec 2023: EPRG Working Paper 0917. Cambridge Working Paper in Economics 0932. Thomas A. ... ness increases and environmental damages are large, implies that the sensitivity of the.
  38. berschrift A

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0505.pdf
    5 Dec 2023: 1 Introduction The theory of (long-term) contracts has been in the core of industrial organization and energy economics for. ... 1 University of Cambridge, Faculty of Economics, e-mail: karsten.neuhoff@econ.cam.ac.uk2 DIW Berlin, and Dresden University
  39. WP392

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp392.pdf
    9 Jul 2023: During the 1970s, as inflation appeared out of control, these alternative theories of inflation and unemployment supplanted Keynesianism as the conventional wisdom in macro-economics and were progressively incorporated into government ... 293-4). The
  40. 67D22199.tmp

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp486revised.pdf
    9 Jul 2023: Table 1 summarizes our empirical predictions based on our discussion of takeover law and its key provisions. ... 12. Table 1. Summary of empirical predictions on the effect of strict takeover law and key provisions.
  41. www.eprg.group.cam.ac.uk Economic Efficiency of Alternative Border…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2032.pdf
    11 Dec 2023: Our results also show the impact of carbon pricing and BCAs on transmission investment economics: California’s unilateral AB32 carbon pricing encourages more interstate transmission expansion because power imports are more ... economics of new
  42. Lovers, Friends and Enemies: The Determinants and Effects of Hostile…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp216.pdf
    9 Jul 2023: This finding is consistent with the majority of U.S. and U.K. ... The evidence is consistent with takeovers being carried out for nonvalue maximizing motives (Jensen, 1986), and of bidder management presenting an overoptimistic picture of future
  43. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1032.pdf
    6 Dec 2023: Cost, capital intensity and risk differ between conventional generation (such as coal and gas) and low carbon options (like wind and nuclear). ... two instruments see Butler, L. and K. Neuhoff (2006).
  44. LaingGrubbAbstract2 EPRG 1004

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1004.pdf
    6 Dec 2023: EPRG Working Paper 1004 Cambridge Working Paper in Economics 1012. Tim Laing and Michael Grubb. ... 1 Electricity Policy Research Group, University of Cambridge, 2 Corresponding author: Faculty of Economics, Austin Robinson Building, Sidgwick Avenue,
  45. ISSN 2632-9611 LABOUR LAWS, INFORMALITY, AND DEVELOPMENT: COMPARING…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp518.pdf
    9 Jul 2023: This points to the crucial impact of the interaction of employment law and immigration law. ... In England, the poor law paved the way for capitalism and the industrialisation of work with the associated separation of labour and capital.
  46. LEGAL INSTITUTIONALISM: CAPITALISM AND THE CONSTITUTIVE ROLE OF LAW

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp468.pdf
    9 Jul 2023: A version of this paper is forthcoming in the Journal of Comparative Economics. ... J. Miceli (2007, p. 187) concluded that much of literature in economics on property rights ‘remains ignorant of property law.’ As Benito Arruñada (2012, p.
  47. PDF - Competitive Bidding for a Longterm Electricity Distribution…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0107-1.pdf
    9 Jul 2023: Again the market is substituted for the regulatory commission.” H Demsetz, “Why Regulate Utilities?” Journal of Law and Economics, Vol. ... Some Systematic Evidence”, Journal of Law and Economics, Vol.
  48. NILLESEN POLLITT FINAL dutch regulatory failure7

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp50.pdf
    5 Dec 2023: Cambridge Working Papers in Economics CWPE 0446. The Consequences for Consumer Welfare of the. ... Amsterdam, The Netherlands Paul.nillesen@nl.pwc.com. Michael G Pollitt2. Senior Lecturer in Business Economics Judge Institute of Management.
  49. 11-12 Trumpington Street, Cambridge CB2 1AG, United Kingdom Centre ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/03/cbr-annual-report-2017.pdf
    9 Jul 2023: Law and Socio-Legal Studies American Journal of Comparative Law; Journal of Law and Society; Journal of Corporate Law Studies; International Construction Law Review; Washington and Lee Law Review; New Zealand ... Employment relations International Labour
  50. www.eprg.group.cam.ac.uk Merchant utilities and boundaries of the…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2008.pdf
    11 Dec 2023: www.eprg.group.cam.ac.uk. Merchant utilities and boundaries of the firm:. vertical integration in energy-only markets EPRG Working Paper 2008 Cambridge Working Paper in Economics 2039. ... 7 See Utilities Policy Volume 16 (2008) and Economics of Energy &
  51. JOSKOW-US-TRANSMISSION-10-07-04

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp54.pdf
    5 Dec 2023: JEL: L94, L51, K2. 1 Elizabeth and James Killian Professor of Economics and Management, Massachusetts Institute of Technology (MIT) and Director of the MIT Center for Energy and Environmental Policy Research ... 1 Elizabeth and James Killian Professor of

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