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5 Dec 2023: A. general shift is taking place towards “a new generation of environmental-economic models”. ... In the overview of the 1998 Energy Economics special issue on ‘The Optimal Timing of.

6 Dec 2023: efficiency. Valuation of service quality for inclusion in regulatory models is particularly difficult. ... Drawing on. considerable findings from the environmental research, WTA is significantly greater than WTP.

5 Dec 2023: JEL Classification: L51 Economics of regulation, L97 Utilities general, L94 Electric utilities, L95 Gas utilities, pipelines, water utilities. ... The same is true of later literature in the public choice tradition.42 Cooter and Rubinfield (1989)

7 Dec 2023: It has significantly improved the governance of monopoly utilities (via independent regulators), the prospects for competition and innovation, and the quality of policy instruments for environmental emissions control (through the emergence

8 Dec 2023: EPRG Working Paper 1621 Cambridge Working Paper in Economics 1647. Francisco D. ... expected performance of the selectedprojects across all considered scenarios (i.e., risk neutrality).

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?

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. ... Well-defined processes towards the internalisation of environmental externalities of existing

5 Dec 2023: 1 Corresponding Author: Faculty of Economics, University of Cambridge, CB3 9DD, UK. ... 5.2.3 – 5.2.4), the reason for imposing the tax, i.e. whether the tax was levied to encourage the rational use of environmental resources or for general revenue

5 Dec 2023: Corresponding author: Faculty of Economics, Cambridge University, Sidgwick Avenue, Cambridge CB3 9DE, UK Tel.: 44-1223-335288; fax: 44-1223-335299.E-mail address: Michael.grubb@econ.cam.ac.uk. ... The more robust justification for free allocation is that

5 Dec 2023: JEL classification: L51 Economics of regulation, L97 Utilities general, L94 Electric utilities, L 95 Gas utilities, pipelines, water utilities. ... to storm damage reserves, environmental clean-up costs, debt refinancing costs or an escrow account.16 For