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9 Jul 2023: the link between network embeddedness and value generation remains a largely unexplored area of research. ... perceived quality of that actor’s competitors’ products (Fombrun and Shanley 1990; Podolny 1993).

11 Dec 2023: We employ a transaction cost economics framework to understand how we got to where we are in terms of the evolution of the gas industry structure in Europe and its institutional ... Europe which we summarise in our next section. 4. European gas markets:

9 Jul 2023: by. John Armour Lovells Professor of Law and Finance. University of Oxford Oriel College. ... Although the scope of the legal origins claim has since been extended to cover a number of other areas of law and regu-lation, it is this early work on the

9 Jul 2023: They are therefore unlike most normal corporate bodies which are free to decide their functions and method of operation within the general law of the land’ (BSA, 1983: 5). ... The overall impact of the City Code, in conjunction with a number of rules

9 Jul 2023: JEL Codes: G34, J53, K22, K23 Keywords: corporate governance, industrial partnership, stakeholding, co-operation Acknowledgements Paper prepared for the Conference on ‘Corporate Governance: Reassessing Ownership and Control’, Faculty of Law,

9 Jul 2023: THE IMPACT OF MERGERS AND ACQUISITIONS ON EXECUTIVE PAY IN THE UNITED KINGDOM. ... Columns (1)-(2) include all acquisitions with a relative size of 5% and greater.

11 Dec 2023: EPRG Working Paper 2021. Cambridge Working Paper in Economics 2073. Victor Ajayi. ... We also wish to thank the International Association for Energy Economics (IAEE) and participants at its conferences for earlier comments.

9 Jul 2023: Section 5 concludes. 2. Legal Origins Theory: Refining the Core Hypotheses The theoretical foundation of the interdisciplinary field of law and finance lies in new institutional economics, and specifically in the ... Source: Armour et al., 2009c. In the

9 Jul 2023: Governance, which takes the form of private contract supplemented by law and regulation (Williamson, 1986), has the aim of aligning the incentives of the parties in such a way as to ... 303; Hansmann and Kraakman, 2001: 450), and a normative claim to the

9 Jul 2023: Our research outputs appeared in leading journals across several disciplines, including Journal of Comparative Economics, Socio-Economic Review, Research Policy and Journal of Corporate Law Studies. ... Employment relations International Labour Review;

9 Jul 2023: JEL Codes: B13; B14; B15; B24; J40; J48; J83; K3. Key words: contract of employment, remuneration, wages, deductions, legal evolution, law and economics. ... Acknowledgements: A version of this paper is forthcoming in the Industrial Law Journal.

9 Jul 2023: Given that there is a strong correlation between countries’ rule of law and their level of de-velopment76, this particular finding is consistent with our earlier finding that developed countries, on ... This could be interpreted as a confirmation of

9 Jul 2023: In this paper, we question this assumption and seek to explicitly distinguish the perception of law and positive law as two distinct constructs. ... Indeed, as explained above, the legal signaling view acknowledges that there can be discrepancies between

9 Jul 2023: The substantive content of conditionality reflects the belief in neoclassical economics—an intellectual tradition firmly located in core capitalist nations (Fourcade-Gourinchas and Babb 2002)—that states should perform a minimal ... Having embraced

9 Jul 2023: Nonetheless, the experience of Europe, where the SER originated and reached its clearest expression in law and practice, remains a core case when considering the global trajectory of the SER and ... 107). The founders of the welfare state were reacting

9 Jul 2023: For very helpful comments on previous drafts I am grateful to Colin Mayer and the anonymous reviewer at the Journal of Corporate Law Studies (in which a version of this paper ... 4. Reflexive Harmonisation and Corporate Law The theoretical framework of

9 Jul 2023: the scope of legal regulation of business in the context of Keynesian economics and Welfare statism, on the other. ... post-Keynesian economics and post-Welfare state governance, future attention has to be directed to both corporations and the state as

9 Jul 2023: Along these lines Vermeulen and Barkema (2001) argue that acquisitions can be employed as a means of technological renewal and restoring technological diversity and of avoiding the inertia and simplicity that ... The initial set of characteristics that

9 Jul 2023: The argument is developed as follows. Section 2 below outlines the theoretical positions which have been taken within the law and economics literature on the role of implicit contracts and related ... To make progress in understanding the effects of

9 Jul 2023: CORE Doctoral Research Conference, both at the University of Cambridge, the 9th European Conference of the International Association for Energy Economics (IAEE), and the 11th Annual Conference of the International Society ... for New Institutional

9 Jul 2023: Table 1 summarizes our empirical predictions based on our discussion of takeover law and its key provisions. ... 12. Table 1. Summary of empirical predictions on the effect of strict takeover law and key provisions.

5 Dec 2023: 1 Introduction The theory of (long-term) contracts has been in the core of industrial organization and energy economics for. ... 1 University of Cambridge, Faculty of Economics, e-mail: karsten.neuhoff@econ.cam.ac.uk2 DIW Berlin, and Dresden University

9 Jul 2023: During the 1970s, as inflation appeared out of control, these alternative theories of inflation and unemployment supplanted Keynesianism as the conventional wisdom in macro-economics and were progressively incorporated into government ... 293-4). The

11 Dec 2023: Our results also show the impact of carbon pricing and BCAs on transmission investment economics: California’s unilateral AB32 carbon pricing encourages more interstate transmission expansion because power imports are more ... economics of new

6 Dec 2023: EPRG Working Paper 0917. Cambridge Working Paper in Economics 0932. Thomas A. ... ness increases and environmental damages are large, implies that the sensitivity of the.

9 Jul 2023: A version of this paper is forthcoming in the Journal of Comparative Economics. ... J. Miceli (2007, p. 187) concluded that much of literature in economics on property rights ‘remains ignorant of property law.’ As Benito Arruñada (2012, p.

9 Jul 2023: This finding is consistent with the majority of U.S. and U.K. ... The evidence is consistent with takeovers being carried out for nonvalue maximizing motives (Jensen, 1986), and of bidder management presenting an overoptimistic picture of future

9 Jul 2023: This points to the crucial impact of the interaction of employment law and immigration law. ... In England, the poor law paved the way for capitalism and the industrialisation of work with the associated separation of labour and capital.

11 Dec 2023: www.eprg.group.cam.ac.uk. Merchant utilities and boundaries of the firm:. vertical integration in energy-only markets EPRG Working Paper 2008 Cambridge Working Paper in Economics 2039. ... 7 See Utilities Policy Volume 16 (2008) and Economics of Energy &

6 Dec 2023: Cost, capital intensity and risk differ between conventional generation (such as coal and gas) and low carbon options (like wind and nuclear). ... two instruments see Butler, L. and K. Neuhoff (2006).

6 Dec 2023: EPRG Working Paper 1004 Cambridge Working Paper in Economics 1012. Tim Laing and Michael Grubb. ... 1 Electricity Policy Research Group, University of Cambridge, 2 Corresponding author: Faculty of Economics, Austin Robinson Building, Sidgwick Avenue,

9 Jul 2023: Again the market is substituted for the regulatory commission.” H Demsetz, “Why Regulate Utilities?” Journal of Law and Economics, Vol. ... Some Systematic Evidence”, Journal of Law and Economics, Vol.

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.

9 Jul 2023: NAIRU economics was close to manifesting itself in law. At work, the USremained a relatively rights-free jurisdiction,55 but it did have the Social SecurityAct of 1935, and a statutory ... totechnology, without mentioning changes in labour law.121 Their

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

6 Dec 2023: Michael Pollitt. Judge Business School and. ESRC Electricity Policy Research Group University of Cambridge. ... billing, contract terms, bundling of other services and the purchase of wholesale power.

5 Dec 2023: Market 1995-2000. Andrew Sweeting. Department of Economics, Northwestern University. August 9, 2004. ... Frontier Economics. [6] Competition Commission (2001), “AES and British Energy: A Report by the Competition Com-.

11 Dec 2023: the latter tying the economics of the physical power system to Resource Adequacy and new capacity. ... The view taken by the ACCC in their draft and final reports were erroneous and inconsistent with the economics of price discrimination.

5 Dec 2023: The EU, in contrast, has always placed more emphasis on the application of competition law, and has sought to make sector regulation consistent with general competition law. ... While the United States had strong Constitutional protection of regulated

9 Jul 2023: Keywords: Covid-19, Anthropocene, risk, learning, legal evolution, social state JEL Codes: I18, I38, J38, J88 Acknowledgements A related version of paper was published in the Industrial Law Journal (December 2020); ... What is contradictory within

9 Jul 2023: from beverage cans to bridges.” (Petroski, 1996:6) Recent application of transaction cost economics to the design of efficient architectures. ... new dimension to the perspectives presented so far (Garud & Rappa, 1994; Hargadon &. Douglas, 2001).

8 Dec 2023: www.eprg.group.cam.ac.uk. The Political Economy of Carbon Pricing: a Panel Analysis EPRG Working Paper 1627 Cambridge Working Paper in Economics 1663. ... 3Faculty of Economics, University of Cambridge and Energy Policy Research Group.

9 Jul 2023: A version of this paper is forthcoming in the International Journal of Comparative Labour Law and Industrial Relations. ... The CBR-LRI is a response to the questions raised in labour economics and the economics of law concerning the impact of laws and

5 Dec 2023: and ex-post control by the Cartel Office, relying on general competition law. ... monopolistic networks and competitive businesses was not challenged by law.7 Third, the.

9 Jul 2023: 281. By. John Armour Faculty of Law and Centre for Business Research. ... Previous literature has tended to employ ‘law and finance’ variables specified by reference to investment in public companies, rather than the particular needs of venture

9 Jul 2023: construction as it applies to labour law and other forms of legal regulation of the. ... protection but other areas of labour law, including strike law and the law of.

8 Dec 2023: Economics may not provide a basis for systematic conclusions on matters of equity and fairness, but stranding these asset categories without recovery does present an ‘inescapable issue of procedural fairness’ (Baumol & ... A normative analysis of

11 Dec 2023: 2. service, and of lack of knowledge about suppliers, and asks how to enable more informed choices. ... Waddams Price and Zhu (2016) provide recent analysis, summary and discussion, including good coverage of the behavioural economics literature, and

9 Jul 2023: Lanka. International journal of global energy issues: special issue on energy and. ... the case of airplane noise. Journal of Law and Economics 42, 723-43.

8 Dec 2023: Climate science may be constantly evolving and contentious, but the economics of emissions control is not. ... to policy certainty is the political sustainability of any pricing scheme and the basic economics were not affected by the lack of daily