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  2. www.eprg.group.cam.ac.uk Understanding overlapping policies: Internal …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1910.pdf
    11 Dec 2023: We have focused nar-. rowly on emissions impacts—only one (important) component of a welfare analysis—and. ... Table 1. in Frontier Economics (2018) estimates that the Dutch price floor will reduce domestic.
  3. WP379_singh _reddaway_

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp379.pdf
    9 Jul 2023: Abstract. W.B. Reddaway has been a highly influential figure in Cambridge economics. ... to economics, to policy-making and to general social welfare. Often,. Reddaway’s references for his students or colleagues included a statement to.
  4. 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: EPRG Working Paper 1214. Cambridge Working Paper in Economics 1230. Dominik Ruderer and Gregor Zöttl. ... dominik.ruderer@lrz.uni-muenchen.de‡University of Munich, Department of Economics, Ludwigstraße 28, 80539 Munich, Germany, E-mail:.
  5. WP369_deakin paper industrialisation final

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp369.pdf
    9 Jul 2023: Earlier versions of this paper were presented to the 14th International Economic History Congress, Helsinki, August 2006; the conference on Changing Institutions in Developed Democracies: Economics, Politics and Welfare, Paris, May ... Where modern
  6. www.eprg.group.cam.ac.uk Strategic behaviour in a capacity market?…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1833.pdf
    8 Dec 2023: EPRG Working Paper 1833. Cambridge Working Paper in Economics 1863. Juha Teirilä and Robert A. ... Department of Economics, University Oulu, Finland. E-mail: juha.teirila@oulu.†Judge Business School & Energy Policy Research Group, University of
  7. www.eprg.group.cam.ac.uk Wind, water and wires: evaluating joint wind …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2207.pdf
    12 Dec 2023: hydro-rich regions. EPRG Working Paper 2207. Cambridge Working Paper in Economics 2212. ... Quadrupling wind but not building Marinus 1 (col 5 vs col 1) hugely reduces prices in Tasmania, and hence the economics of wind investment.
  8. WP352

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp352.pdf
    9 Jul 2023: THE EVOLUTION OF LABOUR LAW: CALIBRATING AND. COMPARING REGULATORY REGIMES. Centre for Business Research, University of Cambridge. Working Paper No. 352. by. Simon Deakin. Centre for Business Research. University of Cambridge. Judge Business School
  9. 1 UK Law : The Basic Structure

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp148.pdf
    9 Jul 2023: 1. Introduction The recent Strategic Framework paper published by the Company Law Review’s Steering Committee is, to an extent that is striking, suffused with the normative language of welfare economics. ... It goes on to promise reforms which will
  10. WP 434 WP Sue Konzelmann

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp434.pdf
    9 Jul 2023: As capitalism evolved, so did ideas and theories about the economics of austerity. ... The result was a rapid growth in state involvement in social welfare provision.
  11. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2101.pdf
    11 Dec 2023: Cambridge Working Paper in Economics 2107. Ashish Kumar Sedai, Tooraj Jamasb, Rabindra Nepal, Ray Miller. ... Social discrimination can have negative welfare impacts, but can public policies counter these effects?
  12. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-nts2118.pdf
    11 Dec 2023: www.eprg.group.cam.ac.uk. Hayek and the Texas blackout. EPRG Working Paper 2118. Cambridge Working Paper in Economics 2149. ... In general, Hayek argued for free markets, but not (as in the conventional static welfare economics approach) as a means of
  13. Publications and presentations - Energy Policy Research Group -…

    https://www.jbs.cam.ac.uk/centres/energy-policy-research-group/publications/
    Energy Economics, 104: 105650. Ajayi, V. and Weyman-Jones, T. 2021. Journal article. ... Economics Letters, 193: 109332. Mohaddes, K. and Williams, R.J. 2021. Journal article.
  14. Slide 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/01/eprg-R.-Ritz_6May20.pdf
    26 Jan 2024: Based on joint with work with Michael Mehling (MIT CEEPR) and Stuart Evans & Paul Sammon (Vivid Economics). ... Arthur Cecil PigouProfessor of Political Economy, University of Cambridge. The Economics of Welfare (1920)—Introduces concept of
  15. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0920.pdf
    6 Dec 2023: EPRG Working Paper 0920 Cambridge Working Paper in Economics 0931. Christian Growitsch, Tooraj Jamasb, Christine Mueller, Matthias Wissner. ... 68, 53604 Bad Honnef, Phone: 49 (0) 2224-92 25 88, E-mail: c.growitsch@wik.org2 University of Cambridge,
  16. WP 404 paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp404.pdf
    9 Jul 2023: According to this ‘Converse theorem’, otherwise known as the ‘second theorem of welfare economics’, Pareto-optimum can be realized as a competitive equilibrium in the presence of all round ‘Convexity’, provided ... as in terms of
  17. WP 421 Paper

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp421.pdf
    9 Jul 2023: Abstract. This paper is concerned essentially with the question, how does financial globalisation affect welfare? ... Chakravarty and Singh (1988) suggest such a case for free trade is best put in terms of the two fundamental theorems of welfare economics
  18. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1317.pdf
    7 Dec 2023: discrimination is often welfare-reducing– but it is probably more likely to increase. ... Differential Pricing When Costs Differ:. A Welfare Analysis. Georgetown Economics Working Paper 13-01, April 2013.
  19. 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: 1 Introduction. The first theorem of welfare economics states that with a full set of markets a competitive. ... Transmission constraints, intermittent renewables and. welfare. Journal of Environmental Economics and Management, 112, 102618, p1-23.
  20. www.eprg.group.cam.ac.uk Storing Power: Market Structure Matters EPRG …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2038.pdf
    11 Dec 2023: discharge.8. An emerging strand of the literature specifically analyzes the economics of energy. ... in order to maximize total welfare. Because total demand is inelastic, total welfare is.
  21. www.eprg.group.cam.ac.uk Corporate lobbying for environmental…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1714.pdf
    8 Dec 2023: helps to sustain the equilibrium. Second, the welfare implications of these two types of. ... with two aims: to maximise social welfare and to collect political donations from lobbyists.
  22. 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. ... bills and the consequences for consumer welfare. We also conclude by discussing what can.
  23. Economic zones for future complex power systems

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1625.pdf
    8 Dec 2023: ABSTRACT. This paper examines the economics of the electricity market out to 2050. ... Economics, 2009). RTOs/ISOs also trade across regions. PJM has interconnections with, for example,.
  24. www.eprg.group.cam.ac.uk Climate targets, executive compensation, and …

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2029.pdf
    11 Dec 2023: Pigou (1920). The Economics of Welfare. London: Macmillan. In principle, the same outcome can be achieved with a global carbon tax or by a carbon trading system that controls the quantity ... Management Science 60(11), 2835–2857. This is an active
  25. www.eprg.group.cam.ac.uk Risk trading in capacity equilibrium models…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1720.pdf
    8 Dec 2023: and report numerical results to illustrate the relevance of market imperfections on welfare and. ... It builds directly results from risk neutral welfare economics and design games(section 2).
  26. ENTREPRENEURIAL COLLABORATION: TERMS OF ENDEARMENT OR RULES OF…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp471.pdf
    9 Jul 2023: RUSSIA’S LEGAL TRANSITIONS: MARXIST THEORY, NEOCLASSICAL ECONOMICS AND THE RULE OF LAW. ... At the core of neoclassical economics is a set of interlocking axioms concerning human behaviour and social structure.
  27. New Electricity Technologiesfor a Sustainable Future Tooraj Jamasb,…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0512.pdf
    5 Dec 2023: Nuttall, Michael G. Pollitt (University of Cambridge) Series: Department of Applied Economics Occasional Papers (No. ... We face a future in which concerns for our global environment, for social welfare and for stable market economics are all linked to
  28. PDF - Global Strategic Alliance Membership: Market Versus…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/wp0302.pdf
    9 Jul 2023: Schelling 1960, 1966; Snidal 1991; Sugden 1986; Young 1991). In contrast to the transaction cost- and economics- oriented scholars, the more. ... need to take into account such dual causes and constraints as domestic welfare.
  29. Microsoft PowerPoint - cambridge_dec2005_v15_cvh_to_eprg_0712200567

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-cambridge_dec2005_v15_cvh_to_eprg_0712200567.pdf
    7 Feb 2024: Jointly between Dresden University of Technology, Chair of Energy. Economics and Public Sector Management, and DIW Berlin (German. ... SoS-Economics 201 (Security of Supply)The optimal Level of Security: A Welfare Perspective.
  30. Does the Social Cost of Carbon Matter?: An Assessment ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1323.pdf
    7 Dec 2023: Mr. Ritz is university lecturer in economics, University of Cambridge and a research associate, Energy Policy Research Group. ... Even if one accepts that global welfare is the appropriate objective for U.S.
  31. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1302.pdf
    7 Dec 2023: www.eprg.group.cam.ac.uk. Stability versus Sustainability: Energy Policy in the Gulf Monarchies. EPRG Working Paper 1302 Cambridge Working Paper in Economics 1304. ... Cheap tariffs have contributed to social expectations for welfare  benefits,
  32. Wage subsidisation

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp201.pdf
    9 Jul 2023: and Department of Applied Economics Austin Robinson Building. Sidgwick Avenue Cambridge CB3 9DE. ... lessons of history, and for designing effective labour market and social welfare policies.
  33. www.eprg.group.cam.ac.uk Hayek and the Texas blackout EPRG Working…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2118.pdf
    11 Dec 2023: 2 Research Professor and Co-Director, Institute for Regulatory Law & Economics, University of Colorado-Denver. ... The conventional static welfare economics approach saw, and still sees, competition as a means of achieving efficient prices, outputs and
  34. Willingness to Pay for Better Air Quality: The case ...

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2009.pdf
    11 Dec 2023:  Corresponding author at: College of Management and Economics, Tianjin University, Tianjin 300072,. ... applications. 1.3 Application of the happiness method. An important application of happiness economics is how pollution affects human welfare and.
  35. The nature of competition and the regulatory process

    https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-thenature-of-competition-and-the-regulatory-process.pdf
    8 Feb 2024: The meaning of competition Neo-classical economics applies the tools of welfare economics to a benchmark based on perfect competition. ... Example: Nationalisation without competition versus privatisation with competition During the 1960s and 1970s
  36. The Price of Complexity in Financial Networks

    https://www.jbs.cam.ac.uk/wp-content/uploads/2020/08/160913-slides-battison.pdf
    9 Jul 2023: asymmetric2 this “deeply affects fundamental understanding of economics. such as welfare theorem and characterization of a marketeconomy, and provides explanations of economic and socialphenomena that otherwise would be hard to understand.”
  37. ep23

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp23.pdf
    5 Dec 2023: Abstract. This paper reports an empirical investigation into the welfare impacts of an. ... 2. debate on the ownership effects on social welfare, focusing on the electricity.
  38. C:\Research\Research 2002\EJAF\EJ feature-ammndmt 3rd june

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp248.pdf
    9 Jul 2023: by comparing competition dynamics in DCs and ACs in its various aspects, the paper contributes to PP studies and to our understanding of the economics of competition in countries at different
  39. Document 1

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1022.pdf
    6 Dec 2023: EPRG Working Paper 1022. Cambridge Working Paper in Economics 1044. Adriaan Hendrik van der Weijde and Benjamin F. ... Department of Spatial Economics, VU Amsterdam. hweijde@feweb.vu.nl. Benjamin F. Hobbs Electricity Policy Research Group, University of
  40. www.eprg.group.cam.ac.uk Elecxit: The Cost of Bilaterally Uncoupling…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1916.pdf
    11 Dec 2023: This trading volume is however suboptimal in many ex post cases, causing welfare losses. ... In section 4.3 Elecxit scenarios between GB and France in 2030 are simulated and welfare effects estimated.
  41. THE EVOLUTION OF OWNERSHIP DISCLOSURE RULES ACROSS COUNTRIES Michael…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp391.pdf
    9 Jul 2023: 3. and economics, as well as a more complete positive theory of legal evolution. ... This is the one made familiar by neoclassical economics, which tells us how agents respond to price information in such a way as to maximise general welfare while
  42. Electricity Demand and Basic Needs: Empirical Evidence from China’s…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1416.pdf
    7 Dec 2023: unresponsive or poorly developed welfare systems this may be not be an option”. ... level of welfare, which is independent of its income. More specifically, above that threshold,.
  43. Learning by Doing with Constrained Growth Rates

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0917.pdf
    6 Dec 2023: a given emissions cap. Thus, the expected social welfare W̄ has decreasing differences. ... Indeed, as shown by. Weitzman (1974), the difference in optimal expected welfare levels,.
  44. www.eprg.group.cam.ac.uk Going beyond default intensities in an EU…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2026.pdf
    11 Dec 2023: EPRG Working Paper 2026. Cambridge Working Paper in Economics 2087. Michael A.
  45. COMPETITION, COMPETITION POLICY, COMPETITIVENESS, GLOBALISATION AND…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp460.pdf
    9 Jul 2023: Working Paper No. 460. Ajit Singh. Emeritus Professor of Economics, University of Cambridge Life Fellow Queens’ College Cambridge. ... of welfare economics cannot be met, restricted rather than unrestricted competition may be a superior strategy.
  46. www.eprg.group.cam.ac.uk The CMA’s assessment of customer detriment…

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2015.pdf
    11 Dec 2023: www.eprg.group.cam.ac.uk. The CMA’s assessment of customer detriment in the UK retail energy market EPRG Working Paper 2015 Cambridge Working Paper in Economics 2051. ... PPI estimated the annual net deadweight welfare losses from people not buying PPI
  47. JP MO 21July05 CMI EP REV

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0503.pdf
    5 Dec 2023: Ifpre-emptive investment is the determinant of the line capacity, then an MO provision is likelyto increase welfare. ... In total, the MO provisionweakly decreases social welfare. QED. The intuition is straightforward.
  48. Reliability-May2804.dvi

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp53.pdf
    5 Dec 2023: The rest of the economy is standard, and so the fundamental theorem of welfare. ... economics applies. The assumptions underlying Proposition 1 are very strong: In practice, (a) mar-.
  49. WP436

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp436.pdf
    9 Jul 2023: Pollution is a well-known example of an externality, while the 2007 Stern Report on the Economics of Climate Change claimed that. ... Finally, economics generally proceeds on the basis that the initial distribution of resources is a matter for the
  50. WPM$7D96

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp279.pdf
    9 Jul 2023: 279. By. Professor Ajit Singh. Faculty of Economics and Politics University of Cambridge. ... In the language of welfare economics, the ‘race to the bottom’ theory may be regarded as a cross-border externality of low labour standards in poor
  51. Financial Liberalization and Long Term Economic Development

    https://www.jbs.cam.ac.uk/wp-content/uploads/2023/05/cbrwp245.pdf
    9 Jul 2023: two fundamental theorems of welfare economics. ... As in the case of short-term flows, FDI also requires appropriate regulation by these countries to enhance social welfare.

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