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  2. Promoting or restricting competition?: Regulation of the UK retail ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1415.pdf
    7 Dec 2023: 29 See, e.g., Kenneth S Corts, “Third degree price discrimination in oligopoly: All-out competition and strategic commitment”, The RAND Journal of Economics, 29(2) Summer 1998: 306-323; Michael ... E Levine, “Price discrimination without market
  3. 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.
  4. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0821.pdf
    6 Dec 2023: Predicting market power in wholesale electricity markets. David M Newbery. Faculty of Economics,. ... RAND Journal of Economics, 29(4), Winter, 726-49. Newbery, D.M. (2005) Electricity liberalisation in Britain: the quest for a satisfactory.
  5. 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.
  6. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1025.pdf
    6 Dec 2023: Shleifer, A. (1985). A Theory of Yardstick Competition. Rand Journal of Economics 16,. ... 319-327. Spence, M. A. (1975). Monopoly, Quality, and Regulation, Bell Journal of Economics 6(2),.
  7. In many countries, the focus of electricity restructuring has moved…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp33.pdf
    5 Dec 2023: 2003) “Wholesale spot price pass-through”, Journal of Regulatory. Economics, vol. 23, no. ... RAND Journal of Economics, vol. 29 no 4 pp 726-749. Newbery, D.M.
  8. www.electricitypolicy.org.uk EP RG WO RK ING PA PE R ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0809.pdf
    6 Dec 2023: Köhler (2006). “Induced technological change – exploring its implications for the economics of atmospheric stabilization: Synthesis report from the innovation modelling comparison project.” The Energy Journal 27, 57-108. ... Lieberman, M. B. (1984)
  9. lng_contracts_v54_to_eprg_revised_15032006

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0610.pdf
    5 Dec 2023: Contract Length, RAND Journal of Economics, 19(3), 327-343. Dixon, Huw, and Joshy Easaw (2001) Strategic Response to Regulatory Policies: What Lessons can. ... 1987) Asset Specificity and the Structure of Vertical Relationships, Journal of Law, Economics,
  10. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0815.pdf
    6 Dec 2023: American Economic Review, 61, 8-27 Gilbert, R.J. and D.M. Newbery (1994) ‘The Dynamic Efficiency of Regulatory Constitutions’, Rand. ... Journal of Economics, Vol. 25 No. 4, 538-54. IPART (1998), Pricing for Electricity Networks and Retail Supply,
  11. Exkurs Klimaerwärmung

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-swisstransmission.pdf
    13 Feb 2024: Final Version. Authors:. Paul Twomey, Faculty of Economics, University of Cambridge Karsten Neuhoff, Faculty of Economics, University of Cambridge David Newbery, Faculty of Economics, University of Cambridge 003779874. ... The choice of charging system
  12. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1317.pdf
    7 Dec 2023: Journal of. Economics & Management Strategy 22, 125—139. Chen, Yongmin and Marius Schwartz (2013). ... RAND Journal of Economics 29, 306—323. Cowan, Simon (2012). Third-Degree Price Discrimination and Consumer Surplus.
  13. The arguments for and against ownership unbundling of energy…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0714.pdf
    6 Dec 2023: 2005), ‘Regulation And. Investment’, Journal of the European Economic Association, Vol.3 (4), pp.791-825. ... power networks’, RAND Journal of Economics, 31 (3): 450-87. Kwoka, J.
  14. Optimal Non-Linear Income Tax when Highly Skilled Individuals Vote…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0906.pdf
    6 Dec 2023: Scandinavian Journal of Economics, 105, 1, 119–138. Growitsch, C. & Wein, T. ... Shleifer, A. (1985). A theory of yardstick competition. Rand Journal of Economics, 16, 319-327.
  15. ELECTRICITY NETWORK INVESTMENT AND REGULATION FOR A LOW CARBON FUTURE

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0721.pdf
    6 Dec 2023: In this paper, which forms a chapter in the forthcoming Book “Delivering a Low Carbon Electricity System: Technologies, Economics and Policy” 2 , the authors make a number of significant suggestions for ... Jamasb, T. and Pollitt, M. (2005),
  16. www.eprg.group.cam.ac.uk Consumer Engagement in Energy Markets: The…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1835.pdf
    8 Dec 2023: EPRG Working Paper 1835. Cambridge Working Paper in Economics 1867. Xiaoping He and David Reiner. ... Xiaoping He David Reiner. Xiaoping He: China Center for Energy Economics Research, School of Economics, Xiamen.
  17. cover24

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp24.pdf
    5 Dec 2023: CMI Working Paper 24. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. Cambridge Working Papers in Economics. ... Not to be quoted without permission. M. CMI Working Paper. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics.
  18. Investment and Efficiency under Incentive Regulation: The Case of ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1306.pdf
    7 Dec 2023: Rahmatallah Poudineh. Department of Economics, Heriot-Watt University, UK. Tooraj Jamasb1. Durham University Business School, Durham, UK. ... relative concept in economics, performance of a firm is not only related to its own behaviour.
  19. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1033.pdf
    6 Dec 2023: EPRG Working Paper 1033. Cambridge Working Paper in Economics 1059. Vladimir Parail. ... However, the bulk of existing academic litera-ture on the economics of electricity transmission is theoretical and largely ignores market pricevolatility to
  20. @TITLE02 =

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0623.pdf
    5 Dec 2023: Fox-penner, P.S. (1990b) “Cogeneration after PURPA: Energy Conservation and Industry Structure.” Journal of Law and Economics; 30; 2; 517-552. ... Jaffe, A.B. and R. Stavins (1995) “Dynamic incentives of environmental regulations: the effects of
  21. www.eprg.group.cam.ac.uk Reforming the Chinese Electricity Supply…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1704.pdf
    8 Dec 2023: EPRG Working Paper 1704 Cambridge Working Paper in Economics 1713. Michael G. ... We then discuss each of the 14 reform elements that we identify above.
  22. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1315.pdf
    7 Dec 2023: www.eprg.group.cam.ac.uk. Robustness of various capacity mechanisms to regulatory errors EPRG Working Paper 1315 Cambridge Working Paper in Economics 1338. ... revenue stream through capacity markets, which  would  reduce  the  variation  of 
  23. www.eprg.group.cam.ac.uk Should the EU ETS be extended to road ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2119.pdf
    11 Dec 2023: The RAND Journal of Economics, 16(2), 195-214. Bocklet, J., Hintermayer, M., Schmidt, L., & Wildgrube, T. ... Journal of the Association of Environmental and Resource Economists, 6(1), 37-63.
  24. www.eprg.group.cam.ac.uk Electricity Network Charging for Flexibility …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1623.pdf
    8 Dec 2023: The financial support of the EPSRC Business, Economics, Planning and Policy for Energy Storage in Low-Carbon Futures (BEPP-Store) is acknowledged. ... 4 For a related discussion on the economics of recovering network fixed costs, see Borenstein (2016).
  25. Dynamic Efficiency and Incentive Regulation: An Application to…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1402.pdf
    7 Dec 2023: EPRG Working Paper 1402 Cambridge Working Paper in Economics 1422. Rahmatallah Poudineh, Grigorios Emvalomatis, and Tooraj Jamasb. ... Figure 1 presents schematically, the technical, allocative and economic efficiency of a firm.
  26. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1005.pdf
    6 Dec 2023: Uncertainty about future energy prices and technological developments is at the core of the economics of climate change, as the pace of technological change will greatly influence the costs of mitigating ... A probability distribution is assigned to
  27. www.eprg.group.cam.ac.uk Energy Systems Integration: Economics of a…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1903.pdf
    11 Dec 2023: www.eprg.group.cam.ac.uk. Energy Systems Integration: Economics of a New Paradigm. EPRG Working Paper 1903. ... 2017) for the case of Norwegian electricity distribution networks. The EU Directorate General of Energy and Transport requests policy makers
  28. WPM$57F0

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp284.pdf
    9 Jul 2023: to analyse the post-entry and pre-exit behaviour of Chinese enterprises;. and. ... The exogenous fixed costssuch as economies of large scale, product differentiation and absolute.
  29. www.eprg.group.cam.ac.uk Strategic investment and international…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1505.pdf
    8 Dec 2023: Energy Policy Research Group (EPRG)Judge Business School & Faculty of Economics. ... Stockholm Research Institute of Indus-trial Economics (IFN) and at the Cambridge Energy Policy Research Group (EPRG) forhelpful comments and discussion.
  30. www.eprg.group.cam.ac.uk Capacity mechanisms and the technology mix…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1921.pdf
    11 Dec 2023: JEL Classifications: D41, L94. Research Institute of Industrial Economics (IFN), Stockholm. ... used in the economics of electricity markets (Stoft 2002; Biggar & Hesamzadeh 2014;.
  31. 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
  32. 0606 mainstreaming060228

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0606.pdf
    5 Dec 2023: Contact details: karsten.neuhoff@econ.cam.ac.uk, Faculty of Economics, University of Cambridge, Cambridge, CB3 9DE, UK, and rick.sellers@cegetel.net. ... study of costs, Oxford Bulletin of Economics and Statistics, 54,1, p.
  33. WP311

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp311.pdf
    9 Jul 2023: The study makes several contributions to the literature. First, it attempts to link management science with innovation and industrial economics, and examine the impact of management characteristics and collaboration on the ... This may lead to greater
  34. www.eprg.group.cam.ac.uk Club goods and a tragedy of the commons: ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2036.pdf
    11 Dec 2023: EPRG Working Paper 2036. Cambridge Working Paper in Economics 20119. David Newbery Abstract. ... Faculty of Economics, Sidgwick Ave, Cambridge, CB3 9DE, UK, ph: 44 1223 335248; email:.
  35. www.eprg.group.cam.ac.uk Can wholesale electricity prices support…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1919.pdf
    11 Dec 2023: EPRG Working Paper 1919 Cambridge Working Paper in Economics 1955. Chi Kong Chyong, Michael Pollitt, and Reuben Cruise Abstract Using a Pan-European electricity dispatch model we find that with. ... The usual disclaimer applies. † Corresponding author.
  36. Electricity Merger Policy in the Shadow of Regulation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0628.pdf
    5 Dec 2023: Electricity Merger Policy in the Shadow of Regulation. Richard Gilbert and David Newbery. ... work-horse of Industrial Organisation economics assumes that each supplier chooses its output level (in each hour) to maximise its profits given the residual
  37. Contract design for storage in hybrid electricity markets EPRG ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2304.pdf
    12 Dec 2023: 2 Professor of Economics, Centre for Applied Energy Economics & Policy Research, Griffith University. ... Visiting Research Fellow, Oxford Institute for Energy Studies. 2 Professor of Economics, Centre for Applied Energy Economics & Policy Research,
  38. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0926.pdf
    6 Dec 2023: The Case of NorNed. EPRG Working Paper 0926 Cambridge Working Paper in Economics 0947. ... The same argument is also employed in papers that straddle the line between theoretical andempirical work on the economics of interconnectors.
  39. PDF - Value capture from organizational advantages and sustainable…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0806.pdf
    9 Jul 2023: currency in economics, of the private as well as the public sector, see Krueger (1974) and. ... value creation at the level of the firm. - The four determinants are derived from an integration and extension of economics,.
  40. www.eprg.group.cam.ac.uk High renewable penetration: a new “tragedy…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-2036-most-updated-TEXT.pdf
    11 Dec 2023: electricity sector, Journal of Environmental Economics and Management, 110 102543 p 1-21. ... Journal of Economics, 38(1): 68-84. At http://dx.doi.org/10.1111/j.1756-2171.2007.tb00044.x. Keane, A., M. Milligan, C.
  41. Hepburn160606

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0621.pdf
    5 Dec 2023: pricing mechanisms. Keywords: European emission trading, auctions, price floor JEL classifications: D44, L10, Q52  _____________________________________________________________________________________________. E‐mail address: ... This terminolo
  42. Reliability-May2804.dvi

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp53.pdf
    5 Dec 2023: Department of Economics, and Center for Energy and Environmental Policy Research, MIT.‡IDEI and GREMAQ (UMR 5604 CNRS), Toulouse, CERAS (URA 2036 CNRS), Paris, and. ... economics applies. The assumptions underlying Proposition 1 are very strong: In
  43. WP 430 Ajit Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp430.pdf
    9 Jul 2023: Email: as@andrewsheng.net. and. Ajit Singh. Emeritus Professor of Economics, University of Cambridge Life Fellow, Queens’ College, Cambridge CB3 9ET, UK. ... Professor Mirakhor (2009) reports that the BBC and the Wall Street Journal regarded the system
  44. www.eprg.group.cam.ac.uk High renewable electricity penetration:…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2319.pdf
    12 Dec 2023: Faculty of Economics, Sidgwick Ave, Cambridge, CB3 9DE, UK, ph: 44 1223 335248; email:. ... September, 2022 (EERA, 2022). I am also indebted to the two journal referees.
  45. www.eprg.group.cam.ac.uk Which Smart Electricity Service Contracts…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1616.pdf
    8 Dec 2023: Laura-Lucia Richter. Faculty of Economics andEnergy Policy Research Group. University of Cambridge. ... Contact Author: Dr. L-L. Richter, Faculty of Economics,University of Cambridge, Cambridge CB39DD, UK.
  46. www.eprg.group.cam.ac.uk On Static vs. Dynamic Line Ratings in…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2321.pdf
    12 Dec 2023: JEL Classification D52, D53, G12, L94 and Q40.  Centre for Applied Energy Economics & Policy Research, Griffith Business School, Griffith University. ...  Centre for Applied Energy Economics & Policy Research, Griffith Business School, Griffith
  47. www.eprg.group.cam.ac.uk Strengths and Weaknesses of the British…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1907.pdf
    11 Dec 2023: 1 Written as Chapter 5 for the Handbook on the Economics of Electricity, eds. ... After the success and lessons learned from earlier UK. 2 Written as Chapter 5 for the Handbook on the Economics of Electricity, eds.
  48. wp261

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp261.pdf
    9 Jul 2023: 261. By. Charalambos Th. Constantinou and Costas Th. Constantinou Judge Institute, University of Cambridge,. ... Few studies we came across attempt to explore the sources of non-executive.
  49. 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.
  50. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1030.pdf
    6 Dec 2023: EPRG Working Paper 1030. Cambridge Working Paper in Economics 1055. Aoife Brophy Haney and Michael G. ... of tradable carbon credits from investments in renewable projects in the developing world).
  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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