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The competition assessment framework for the retail energy sector: ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp1406.pdf7 Dec 2023: This brings us to what seems to be a systematic weakness underlying much of the behavioural economics literature. ... such findings.) As a result, much of the behavioural economics literature, and the emphasis placed on it in the Guidelines, is -
On Crises in Macroeconomic Theory and Policy
https://www.landecon.cam.ac.uk/sites/default/files/2023-03/representativeagentwp0814.pdf19 Oct 2023: Economics such that many saw macroeconomic disputes as a thing of the past. ... sound they are. The substantial literature on behavioural economics is ignored;. -
Applying behavioural economics
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-Applying-behavioural-economics-at-the-RCA-1-Apr-2014.pdf8 Feb 2024: The answer is: the Regulatory Conduct Authority (RCA). A rapidly growing literature on behavioural economics shows that some errors made by consumers are persistent and predictable. ... Behavioural economics raises important issues for all steps of the -
Explanatory Statement on the Regulatory Conduct Authority’s…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-explanatory-statement-on-the-regulatory-conduct-authoritys-occasional-paper-1.pdf8 Feb 2024: There was a wide variety of responses to “Applying behavioural economics at the Regulatory Conduct Authority”, Occasional Paper 1, published on 1 April 2014. ... literature on behavioural economics. -
Department of Land Economy Environment, Law & Economics Working…
https://www.landecon.cam.ac.uk/sites/default/files/2023-08/crerc_2023-01_wp.pdf19 Oct 2023: 3.1 The emphasis of field evidence. Early studies in behavioural economics relied on lab experiments. ... Behavioural economists are aware of the limitations of early studies. The comprehensive literature review by DellaVigna (2009) summarised important -
1 An Overall Customer Satisfaction score for GB energy ...
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp2027.pdf11 Dec 2023: It also reviews some of the relevant economic literature, and provides some recent evidence of variation in quality of. ... Waddams Price and Zhu (2016) provide recent analysis, summary and discussion, including good coverage of the behavioural economics -
The CMA energy market investigation, the well-functioning market,…
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-S.-Littlechild_CMA-energy-market-investigation-8-Feb-2016_web.pdf7 Feb 2024: 1. The CMA energy market investigation, the well-functioning market, Ofgem, Government and behavioural economics. ... Separately, there is accumulating evidence about the often-unintended effects of behavioural economics remedies. -
Hepburn160606
https://www.jbs.cam.ac.uk/wp-content/uploads/2023/12/eprg-wp0621.pdf5 Dec 2023: pricing mechanisms. Keywords: European emission trading, auctions, price floor JEL classifications: D44, L10, Q52 _____________________________________________________________________________________________. E‐mail address: ... Various defini -
SCL response to Ofgem consultation
https://www.jbs.cam.ac.uk/wp-content/uploads/2024/02/eprg-SCL-Response-to-Ofgem-consultation-21-Dec-2012rev.pdf2 Feb 2024: 12. Information and complexity, or price and advertising? Ofgem provides extensive references to its behavioural and other consumer research. ... Hviid and Waddams Price review the modern economic literature on competition, and analyse how a
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