Cambridge Working Papers in Economics

From Faculty of Economics, University of Cambridge
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0469: Electricity Liberalisation in Britain: the quest for a satisfactory wholesale market design

David M Newbery

0468: Modelling Stochastic Relative Preferences

Petra Geraats

0467: Continuous Cumulative Prospect Theory and Individual Asset Allocation

Greg B. Davies and Stephen E. Satchell

0466: Electricity Transmission Pricing: How much does it cost to get it wrong?

Richard Green

0465: Regulation of transmission expansion in Argentina Part II: Developments since the Fourth Line

Stephen Littlechild and Carlos J Skerk

0464: Regulation of transmission expansion in Argentina Part I: State ownership, reform and the Fourth Line

Stephen Littlechild and Carlos J Skerk

0463: Electricity transmission: an overview of the current debate

Gert Brunekreeft, Karsten Neuhoff and David M Newbery

0462: Links and Architecture in Village Networks (previously: Endogenous Network Formation and Informal Institutions in Village Economies)

Pramila Krishnan and Emanuela Sciubba

0461: Multiple Social Interaction and Reproductive Externalities: An Investigation of Fertility Behaviour in Kenya

Sriya Iyer and Melvyn Weeks

0460: Large Scale Deployment of Renewables for Electricity Generation

Karsten Neuhoff

0459: Generation Adequacy and Investment Incentives in Britain: from the Pool to NETA

Fabien Roques, David M Newbery and William Nuttall

0458: The Behavioural Components of Risk Aversion

Greg B. Davies and Stephen E. Satchell

0457: Tradable Permits with Incomplete Monitoring: Evidence from Santiago’s Particulate Permits Program

Juan-Pablo Montero

0456: Pollution Markets with Imperfectly Observed Emissions

Juan-Pablo Montero

0455: Market Power in the England and Wales Wholesale Electricity Market 1995-2000

Andrew Sweeting

0454: Transmission Policy in the United States

Paul Joskow

0453: A Pair-wise Approach to Testing for Output and Growth Convergence

Mohammad Pesaran

0452: Representative Consumer's Risk Aversion and Efficient Risk-Sharing Rules

Chiaki Hara and Christoph Kuzmics

0451: Explaining Changes in Female Labour Supply in a Life-cycle Model

Orazio Attanasio, Hamish Low and Virginia Sanchez-Marcos

0450: Reliability and Competitive Electricity Markets

Paul Joskow and Jean Tirole

0449: Electricity Reform in Argentina: Lessons for Developing Countries

Michael Pollitt

0448: Electricity Reform in Chile: Lessons for Developing Countries

Michael Pollitt

0447: The Biodiversity Bargaining Problem

J. Rupert J. Gatti, Timo Goeschl, Ben Groom and Timothy Swanson

0446: The Consequences for Consumer Welfare of the 2001-2003 Electricity Distribution Price Review in The Netherlands

Paul H. L. Nillesen and Michael Pollitt

0445: From Exogenous to Endogenous Networks: Internet Applications

Alessio D'Ignazio and Emanuele Giovannetti

0444: Allocation of Carbon Emission Certificates in the Power Sector: How generators profit from grandfathered rights

Kim Keats Martinez and Karsten Neuhoff

0443: Discrete Choice Models in Preference Space and Willingness-to Pay Space

Kenneth Train and Melvyn Weeks

0442: Integrating Energy Markets: Does Sequencing Matter?

Karsten Neuhoff and David M Newbery

0441: Cost of Capital and Regulator’s Preferences: Investigation into a new method of estimating regulatory bias

Alessio Sancetta and Steve Satchell

0440: Incentive Aspects of Revenue Sharing: Central and Regional Government in Russia

Alexander Plekhanov

0439: Electricity Sector Reform in Developing Countries: A Survey of Empirical Evidence on Determinants and Performance

Tooraj Jamasb, Raffaella Mota, David M Newbery and Michael Pollitt

0438: Core Indicators for Determinants and Performance of Electricity Sector in Developing Countries

Tooraj Jamasb, David M Newbery and Michael Pollitt

0437: When Can School Inputs Improve Test Scores?

Jishnu Das, Stefan Dercon, James Habyarimana and Pramila Krishnan

0436: Religion and Fertility in India: The role of son preference and daughter aversion

Vani Borooah and Sriya Iyer

0435: General Diagnostic Tests for Cross Section Dependence in Panels

Mohammad Pesaran

0434: Random Coefficient Panel Data Models

Cheng Hsiao and Mohammad Pesaran

0433: Forecasting Time Series Subject to Multiple Structural Breaks

Mohammad Pesaran, Davide Pettenuzzo and Allan Timmermann

0432: Real Time Econometrics

Mohammad Pesaran and Allan Timmermann

0431: UK domestic energy contracts, the 28 day rule, and experience in Sweden

Stephen Littlechild

0430: Retail Electricity Competition

Paul Joskow and Jean Tirole

0429: Sources of Emission Reductions: Evidence for US SO2 Emissions 1985-2002

A. Denny Ellerman and Florence Dubroeucq

0428: Insufficient Incentives for Investment in Electricity Generation

Karsten Neuhoff and Laurens de Vries

0427: Estimation of Discrete Choice Models Using DCM for Ox

Matias Eklöf and Melvyn Weeks

0426: ‘Mobile Termination Charges: Calling Party Pays versus Receiving Party Pays’(original and revised versions)

Stephen Littlechild

0425: Did English Generators Play Cournot? Capacity Withholding in the Electricity Pool

Richard Green

0424: Definition of a Balancing Point for Electricity Transmission Contracts

Luis Olmos and Karsten Neuhoff

0423: Comparing Brazil and USA electricity performance; what was the impact of privatisation?

Raffaella L. Mota

0422: Regulatory Issues in Merchant Transmission Investment

Gert Brunekreeft

0421: Minority Opinion and Herd Behaviour

Daniel Sgroi

0420: Business Failure in UK and US Quoted Firms: Impact of Macroeconomic Instability and the Role of Legal Institutions

Arnab Bhattacharjee, Chris Higson, Sean Holly and Paul Kattuman