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  2. www.eprg.group.cam.ac.uk A Primer on Capacity Mechanisms EPRG Working …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1806.pdf
    8 Dec 2023: www.eprg.group.cam.ac.uk. A Primer on Capacity Mechanisms. EPRG Working Paper 1806. Cambridge Working Paper in Economics 1814. ... What is the impact of capacity. payments on the performance of energy markets?
  3. 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,
  4. 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.
  5. 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.
  6. 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.
  7. 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.
  8. 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.
  9. 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.
  10. 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
  11. 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
  12. 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,
  13. 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.
  14. 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:.
  15. 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.
  16. 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.
  17. 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.
  18. 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
  19. 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,
  20. 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
  21. 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
  22. 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
  23. 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
  24. 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.
  25. 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
  26. 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
  27. 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?
  28. 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).
  29. 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.
  30. 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.
  31. 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.
  32. 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
  33. 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.
  34. 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.
  35. 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.
  36. 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.
  37. 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.
  38. 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.
  39. 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.
  40. 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
  41. WP457

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp457.pdf
    9 Jul 2023: of the English legal origin stock market based systems has been widely canvassed. ... In liberal market economics, “equilibrium” outcomes in terms of firm behaviour are seen as moderated by adjustments to market prices.
  42. WPM$1779

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-littlechildtransmissionregulation.pdf
    13 Feb 2024: This member pointed out that he was the non-legal member of the Tribunal, with expertise in engineering, economics and sociology. ... The result was flawed.37 The member explains that NEMMCO’s special expertise lies not in economics but in electrical
  43. 11 Dec 2023: www.eprg.group.cam.ac.uk. 改革中国电力行业——国际经验对《能源法(征求. 意见稿)》的启示. EPRG 工作论文 2028. 剑桥经济学工作论文 2091. 解百臣. 徐骏. 迈克尔 G波利特. 摘要
  44. robustness of industrial oligopoly models eprg.dvi

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1522.pdf
    8 Dec 2023: role of uncertainty.” Rand Journal of Economics, 17(4), 618-638. Klemperer, P. ... RAND Journal of Economics, 29(4), 726-49. Ritz, R. A., (2008). “Strategic incentives for market share.” International Journal of Indus-.
  45. ReportforWhichFinal100511

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-ReportforCAFinal100511EPRG.pdf
    8 Feb 2024: aims to create greater long-term certainty around the economics. of plants from different technologies. ... for achieving this are mentioned: (1) the economics of low-carbon generation, (2) the investment.
  46. covers

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp9.pdf
    5 Dec 2023: Email: sclittlechild@tanworth.mercianet.co.uk. Israel Kirzner has made distinguished contributions to many areas of economics, including methodology, capital theory and the history of economic thought. ... We are grateful to the publishers for granting
  47. The Measurability of Output

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp256.pdf
    9 Jul 2023: Despite the strong interest in the economics of pay, there is relatively little empirical work on the subject. ... The most comprehensive theory in neoclassical economics is that concerning the marginal revenue product of labour (MRPL).
  48. cover38

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp38.pdf
    5 Dec 2023: Cambridge Working Papers in Economics CWPE 0422. Regulatory Issues in. Merchant Transmission Investment. ... Gert Brunekreeft1. Department of Applied Economics University of Cambridge. Sidgwick Avenue CB3 9DE Cambridge, UK.
  49. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0824.pdf
    6 Dec 2023: and Stability. David Newbery. Faculty of Economics. University of Cambridge. September 18, 2008. ... tion Equilibrium in Electricity Markets , Journal of Regulatory Economics, Volume 25,(2), 143-.
  50. cover41

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp41.pdf
    5 Dec 2023: Cambridge Working Papers in Economics CWPE 0425. Did English Generators Play Cournot? ... CMI Working Paper. UNIVERSITY OFCAMBRIDGEDepartment ofApplied Economics. Did English Generators Play Cournot?
  51. SSRN Version July 2012

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/guest-hughes-cosh-board.pdf
    9 Jul 2023: In. investigating this relationship we pay particular attention to the composition of board. ... influences on takeover outcomes including: the means of payment; acquirer size and market.

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