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  2. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-TransmissionandRetailMarketJapan.pdf
    2 Feb 2024: doi:10.1016/0167-7187(94)00469-2. Borenstein, Severin. 1985. “Price Discrimination in Free-entry Markets.” RAND Journal of Economics (RAND Journal of Economics) 16 (3) (September): 380–397. ... Corts, Kenneth S. 1998. “Third-degree Price
  3. Incentive Regulation Theory and Practice 9-15-05

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0511.pdf
    5 Dec 2023: countries, an important part of the reform agenda has included the introduction of. ... least not impede) the introduction of new products and services, and stimulate efficient.
  4. Price Cap Regulation and Investment Incentives Under Demand…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0616.pdf
    5 Dec 2023: FABIEN A. ROQUES AND NICOS S. SAVVA. Judge Business School, University of Cambridge. ... average prices. The model insights are discussed in the light of the elec-.
  5. Microsoft PowerPoint - UpdateonUKelectricitymarket200313

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-UpdateonUKelectricitymarket200313.pdf
    2 Feb 2024: 2): 227–242. doi:10.1016/0167-7187(94)00469-2. Borenstein, Severin. 1985. “Price Discrimination in Free-entry Markets.” RAND Journal of Economics (RAND Journal of Economics) 16 (3). ... Economics (RAND Journal of Economics) 29 (2): 306–323. Davies
  6. Ahmed_Khwaja_CV_1_June_2024

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/06/ahmed-khwaja-cv-1-june-2024.pdf
    11 Jun 2024: Journal of Marketing, Journal of Marketing Research, Journal of Political Economy, Journal of Public Economics, Journal of Risk and Uncertainty,. ... 7. Management Science, Marketing Science, Quantitative Economics, RAND Journal of Economics, Review of
  7. Cambridge Working Papers in Economics CWPE 0341 A comparison ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp31.pdf
    5 Dec 2023: works over space and time Rand Journal of Economics 15 (3) 360-376. ... Newberry forthcoming Mitigating Market Power in Elec-. tricity Networks RAND Journal of Economics.
  8. Central_Decentral_EPRG_AhlqvistHolmbergTangerås_190327b

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1902.pdf
    11 Dec 2023: 2 Research Institute of Industrial Economics (IFN), Stockholm. 3 Research Institute of Industrial Economics (IFN), Stockholm. ... 4 Research Institute of Industrial Economics (IFN), Stockholm. Associate Researcher of the Energy Policy Research Group (EPRG
  9. On Dividend Policy

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1827.pdf
    8 Dec 2023:  Professor of Economics, Griffith Business School, Griffith University. Views expressed in this article are those of the author. ... 2017). But price discrimination is unremarkable in economics, is a predictable outcome of rising competition and is
  10. 291papersept

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp291.pdf
    9 Jul 2023: Hall, Bronwyn H., Adam Jaffe, and Manuel Trajtenberg. 2004. “Market Value and Patent Citations.” Rand Journal of Economics, forthcoming. ... S. Semiconductor Industry, 1980-1994.” Rand Journal of Economics 32: 101-28. Kim, Jinyoung and Gerald
  11. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0829.pdf
    6 Dec 2023: Pär Holmberg has been supported by Swedish Energy Agency, Jan Wallander’s foundation and the Research Program The Economics of Electricity Markets. ... 3 Faculty of Economics, University of Cambridge, Research Director, EPRG. 4 Judge Business School,
  12. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-M.-Pollitt-4.pdf
    29 Jan 2024: Journal of Economics, 15 (3), Autumn, 360–76. • Boley, T. A., & Fowler, G. ... The Case of Electricity’, Journal of Law and Economics, V, October, 1–16. •
  13. cover26

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp26.pdf
    5 Dec 2023: 14. Newbery, D.M. (1998a) “Competition, contracts and entry in the electricity spot market”, RAND Journal of Economics, vol 29 no 4 pp 726-749. ... supply electricity in England and Wales”, Rand Journal of Economics, vol 29, no 4, pp 703-725.
  14. JP MO 21July05 CMI EP REV

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0503.pdf
    5 Dec 2023: The emergence of unregulated market-based transmission investment raises a set ofregulatory issues. ... Risk requires some source of uncertainty that is modelled as (residual)demand uncertainty.
  15. swp0000.dvi

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0501.pdf
    5 Dec 2023: RAND Journal of Economics 29(4), 726—749. Schmalensee, R. and B. W. ... Golub (1984). Estimating effective concentration in deregulated. wholesale electricity markets. Rand Journal of Economics 15(1), 12—26.
  16. www.eprg.group.cam.ac.uk Contracting in a market with differential…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1624.pdf
    8 Dec 2023: Economic Studies, 54(2): 279 – 292. Gal-Or, Esther. 1988. “The Advantages of Imprecise Information.” RAND Journal of. ... Personalized Pricing and Quality Customiza-. tion.” Journal of Economics and Management Strategy, 18(4): 1095 – 1135.
  17. HolmbergNewberyAbstractEPRG1007

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1007.pdf
    6 Dec 2023: Research Program The Economics of Electricity Markets. We are indebted to Andrew Philpott for discussions on. ... Visitor to the EPRG.zFaculty of Economics, University of Cambridge, Research Director, EPRG.
  18. www.eprg.group.cam.ac.uk Price Instability in Multi-Unit Auctions…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1521.pdf
    8 Dec 2023: Designing Electricity. Auctions. RAND Journal of Economics 37(1), 23-46.von der Fehr, N-H. ... Divisible Good Auctions: The Role of Allo-. cation Rules. RAND Journal of Economics 35, 147—159.Kremer, I., Nyborg, K.G., 2004b.
  19. www.eprg.group.cam.ac.uk The prisoner’s dilemma in Cournot models:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1619.pdf
    8 Dec 2023: EPRG Working Paper 1619 Cambridge Working Paper in Economics 1641. Ibrahim Abada and Andreas Ehrenmann Abstract In resource based economies, regulating the production and export activities have always been an important ... In energy economics Cournot
  20. www.eprg.group.cam.ac.uk Strategic Reserves versus Market-wide…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2109.pdf
    11 Dec 2023: b Research Institute of Industrial Economics (IFN), Stockholm. Associate Researcher of the Energy Policy Research Group (EPRG), University of Cambridge. ... c Research Institute of Industrial Economics (IFN), Stockholm. Associate Researcher of the Energy
  21. 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-wp1214.pdf
    7 Dec 2023: He thanks the EPRG for their hospitality.†University of Munich, Department of Economics, Kaulbachstraße 45, 80539 Munich, Germany, E-mail:. ... dominik.ruderer@lrz.uni-muenchen.de‡University of Munich, Department of Economics, Ludwigstraße 28,
  22. The relationship between regulation and competition policy for…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0611.pdf
    5 Dec 2023: Each approach reflects the evolutionary history of. 5 EU Framework Directive 2002/21/EC, Official Journal, 1L 108/33-49, 24.4.2002 6 as having SMP. ... and/or rapidly growing, and should be suspicious of persistently high market shares.
  23. Motivation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0601.pdf
    5 Dec 2023: Rand Journal of Economics, Vol. 16, No. 1, Spring 1985. Junginger, M., Faaij, A. ... Journal of Aeronautical Sciences, 3 (4), pp.122-128. 18. Learning curves and changing product attributes:.
  24. paper_ceepr.dvi

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp55.pdf
    5 Dec 2023: CMI Working Paper 55. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. Cambridge Working Papers in Economics. ... Market 1995-2000. Andrew Sweeting. Department of Economics, Northwestern University. August 9, 2004.
  25. Financing firm start-up and restructuring in transition countries

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp150.pdf
    9 Jul 2023: 1989), The Growth and. Failure of U.S. Manufacturing Plants, Quarterly Journal of Economics, vol. ... 1994a),. Entrepreneurial Decisions and Liquidity Constraints, RAND Journal of Economics, vol.
  26. Financing firm start-up and restructuring in transition countries

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp140.pdf
    9 Jul 2023: 1989), The Growth and. Failure of U.S. Manufacturing Plants, Quarterly Journal of Economics, vol. ... 1994a),. Entrepreneurial Decisions and Liquidity Constraints, RAND Journal of Economics, vol.
  27. Cover page Template Economies of scale-1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1124.pdf
    6 Dec 2023: EPRG Working Paper 1124 Cambridge Working Paper in Economics 1152. Michael G. ... Steven J. Steer ESRC Electricity Policy Research Group University of Cambridge August 2011.
  28. swp0000.dvi

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp56.pdf
    5 Dec 2023: Forthcoming RAND Journal of Economics. Abstract. I study the advantages of pollution permit markets over traditional standard regulations. ... Gahvari (2002), Imperfect observability of emissions and second-best. emission and output taxes, Journal of
  29. covers

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp14.pdf
    5 Dec 2023: CMI Working Paper 14. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. DAE Working Paper Series. ... I acknowledge generous funding for several fieldwork data collection, from the Department of Applied Economics, and the Political Economy Society,
  30. 0IIIR

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0703.pdf
    6 Dec 2023: 2. Literature review of learning curves In the overview of the 1998 Energy Economics special issue on „The Optimal Timing of Climate Abatement‟, Carraro and Hourcade pointed out the notable influence ... According to their survey of
  31. www.eprg.group.cam.ac.uk Missing Money and Missing Markets:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1508.pdf
    8 Dec 2023: http://www.sciencedirect.com/science/article/pii/S0142061513000689 ) Bowring, J. (2013). “Capacity Markets in PJM,” Economics of Energy and Environmental Policy,. ... 2(2). 47-64. Cramton, P., A. Ockenfels, and S. Stoft (2013). “Capacity Market
  32. 5_Hobbs_Praesentation_final

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-Hobbs.pdf
    24 Jan 2024: engineering definition– Clear market; P’s/Q’s at efficient levels. economics definition. • Who’s responsible?– In a market, individual generators not responsible for. ... 2001, 23-34. • P. Joskow & J. Tirole, Reliability and competitive
  33. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1224.pdf
    7 Dec 2023: Finally, we thank Dina Neiman for proofreadingthe paper. Any remaining errors are ours.†Research Institute of Industrial Economics (IFN), Stockholm. ... Associate Researcher of the. Electricity Policy Research Group, University of
  34. covers

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp7.pdf
    5 Dec 2023: Environmental Policy Research. CMI Working Paper 07. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. ... Environmental Policy Research. CMI Working Paper Series. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics.
  35. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-new-models-of-public-ownership.pdf
    5 Feb 2024: Newbery (1994). "The Dynamic Efficiency of Regulatory Constitutions." The RAND Journal of Economics 25(4): 538-554. • ... Hart, O., A.Shleifer and R.W.Vishny (1997), „The proper scope of government: Theory and application to prisons‟, Quarterly
  36. www.eprg.group.cam.ac.uk Pass-through, profits and the political…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1831.pdf
    8 Dec 2023: Pass-through, profits and the. political economy of regulation. Felix Grey. Faculty of Economics &. Energy Policy Research Group. Cambridge University. fg313@cam.ac.uk. Robert A. Ritz. Judge Business School &. Energy ... then becomes a sufficient
  37. Electricity Transmission Pricing: How much does it cost to get it…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp63.pdf
    5 Dec 2023: Cambridge Working Papers in Economics. Not to be quoted without permission. ... CMI Working Paper. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. Electricity Transmission Pricing:. How much does it cost to get it wrong?
  38. 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: 3. consequences. Our research contributes to the energy economics literature in several ways. ... They could improve the economics of gas trading and potentially liquidity in CEE gas markets but offer little in terms of physical energy security.
  39. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0820.pdf
    6 Dec 2023: EPRG Working Paper 0820 Cambridge Working Paper in Economics 0836. Paul Nillesen & Michael Pollitt. ... For adiscussion of competition in Texas see Abid & Zarnikau (2006).5 Ministry of Economics Affairs, the Netherlands (2007).
  40. cover28

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp28.pdf
    5 Dec 2023: Cambridge Working Papers in Economics CWPE 0328. The Difficult Transition to Competitive Electricity Markets in the U.S. ... market bubble, a better understanding by investors of the real economics and market risks.
  41. wp 411 paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp411.pdf
    9 Jul 2023: First, SMEs are claimed to be central to Schumpeterian processes of “creative destruction”. ... best user of an invention is often not its inventor (Gambardella et al.
  42. www.eprg.group.cam.ac.uk Financing low-carbon generation in the…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1926.pdf
    11 Dec 2023: www.eprg.group.cam.ac.uk. Financing low-carbon generation in the UK:The hybrid RAB modelEPRG Working Paper 1926 Cambridge Working Paper in Economics 1969. ... The UK Government’s Appraisal Manual (The Green Book, HMT, 2018) follows the same utilitarian
  43. 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.pdf
    8 Dec 2023: 5. Economics of Gazprom’s sales strategies in Europe. 29. 5.1. Characterisation of sales strategies and modelling considerations. ... and in particular on the economics of contracts and traded markets, spot and futures markets.
  44. Economies of Scale and Scope in Hospitals: An Empirical ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/1910-scalescope.pdf
    9 Jul 2023: agement and economics literature. Although scale is generally associated with higher productivity. ... other services altogether. That said, a few studies in the healthcare-economics literature have attempted to investigate.
  45. Gatekeepers at Work:An Empirical Analysis of a Maternity Unit ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/1602-gatekeepersatwork.pdf
    9 Jul 2023: The. GP referral problem has been studied analytically in the operations management and economics. ... extensively in healthcare economics and operations management. In the former, this paradigm has.
  46. Department of Land Economy Environment, Law & Economics Working…

    https://www.landecon.cam.ac.uk/sites/default/files/2023-05/rerc-wp-2016-01-ff-pm-an-pw.pdf
    19 Oct 2023: Department of Land Economy Environment, Law & Economics. Working Paper Series No. ... The economics of. hedonic modelling centre on prospective consumers’ willingness to pay for various attributes, the.
  47. cover27

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp27.pdf
    5 Dec 2023: Cambridge Working Papers in Economics CWPE 0327. Diagnosing and Mitigating Market Power in Chile’s Electricity Industry. ... yCenter of Applied Economics, Department of Industrial Engeneering, Universidad de Chile.
  48. 1 Competition, Regulation and Price Controls in the GB ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_-8-Apr-2018Upd.pdf
    7 Feb 2024: raising price above the formerly regulated level.” Two other developments in economics are also relevant. ... The other is behavioural economics, with its recognition that customers are not necessarily the economic agents of elementary economic theory.
  49. Firm Expansion, Size Spillovers and Market Dominance in Retail ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/khwaja-firmexpansion.pdf
    9 Jul 2023: out explicitly accounting for these in the expectations and, hence, decisions of firms. ... micro foundations of strategic interaction between forward looking firms that recognize that firm.
  50. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1209.pdf
    7 Dec 2023: 1 We are grateful for very helpful comments from Richard Friberg, Sven-Olof Fridolfsson, Jenny Fridström, Thomas Tangerås, anonymous referees, seminar participants at Stockholm School of Economics and Research Institute of ... The work has been
  51. CORPORATE OWNERSHIP STRUCTURE AND THE EVOLUTION OF BANKRUPTCY LAW IN…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp226.pdf
    9 Jul 2023: a richer account of the corporate governance patterns we see in different nations. ... CASLE Law & Economics Workshop, Universiteit Gent; Seton Hall University Law School; Temple University Law School; and Vanderbilt University Law School.

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