Now showing items 1-20 of 28

    • Aggregate liquidity shortages, idiosyncracic liquidity smoothing and banking regulation 

      Wagner, Wolf (CFAP, Cambridge Judge Business School, University of Cambridge, 2005)
      This paper develops a model of banking fragility driven by aggregate liquidity shortages. Inefficiencies arise because liquidity smoothing across banks breaks down when there is such a shortage, causing unnecessary and ...
    • Benchmarking Electricity Liberalisation in Europe 

      Green, Richard J.; Lorenzoni, Arturo; Perez, Yannick; Pollitt, Michael G. (Faculty of Economics, 2006-03)
      In this paper, we discuss the choice and use of benchmarks in each of five areas relevant to an assessment of the progress of EU electricity sector liberalisation. These areas are market design, market power, EU enlargement, ...
    • Beyond Regulation 

      Littlechild, Stephen C. (Faculty of Economics, 2006-03-14)
      The ‘standard model’ of electricity reform has been refined in many countries but not extended to others. Government is supplanting the role of regulation. Revised calculations suggest that the benefits of UK electricity ...
    • Big ideas paper: Policy-driven middleware for a legally-compliant Internet of Things 

      Singh, Jatinder; Pasquier, Thomas; Bacon, Jean; Powles, Julia; Diaconu, Raluca; Eyers, David (Association for Computing Machinery, 2016-11-28)
      Internet of Things (IoT) applications, systems and services are subject to law. We argue that for the IoT to develop lawfully, there must be technical mechanisms that allow the enforcement of specified policy, such that ...
    • Credit risk transfer and financial sector performance 

      Wagner, Wolf; Marsh, Ian (CFAP, Cambridge Judge Business School, University of Cambridge, 2004)
      In this paper we study the impact of credit risk transfer (CRT) on the stability and the efficiency of a financial system in a model with endogenous intermediation and production. Our analysis suggests that with respect ...
    • Dendritic trafficking faces physiologically critical speed-precision tradeoffs 

      Williams, AH; O Donnell, C; Sejnowski, TJ; O Leary, T (eLife, 2016-12-30)
      Nervous system function requires intracellular transport of channels, receptors, mRNAs, and other cargo throughout complex neuronal morphologies. Local signals such as synaptic input can regulate cargo trafficking, motivating ...
    • Does the Social Cost of Carbon Matter? Evidence from US Policy 

      Hahn, Robert W.; Ritz, Robert A. (University of Chicago Press, 2015)
      We evaluate a recent U.S. initiative to include the social cost of carbon (SCC) in regulatory decisions. To our knowledge, this paper provides the first systematic analysis of the extent to which applying the SCC has ...
    • Electricity Distribution Networks: Investment and Regulation, and Uncertain Demand 

      Jamasb, T.; Marantes, C. (Faculty of Economics, 2011-01-31)
      Electricity distribution networks are capital intensive systems and timely investments are crucial for long-term reliability of their service. In coming years, in the UK, and elsewhere in Europe, many networks are in need ...
    • Electricity Distribution Networks: Investment and Regulation, and Uncertain Demand 

      Jamasb, Tooraj; Marantes, Cristiano (Faculty of Economics, 2011-01-31)
      Electricity distribution networks are capital intensive systems and timely investments are crucial for long-term reliability of their service. In coming years, in the UK, and elsewhere in Europe, many networks are in need ...
    • Electricity Reform in Argentina: Lessons for Developing Countries 

      Pollitt, Michael G. (Faculty of Economics, 2006-03-14)
      Argentina was one of the first countries in the world to implement a comprehensivereform of its electricity sector in the recent period. Among developing countries onlyChile has had a comparably comprehensive and successful ...
    • Electricity Reform in Chile: Lessons for Developing Countries 

      Pollitt, Michael G. (Faculty of Economics, 2006-03-14)
      Chile was the first country in the world to implement a comprehensive reform of itselectricity sector in the recent period. Among developing countries only Argentina hashad a comparably comprehensive and successful reform. ...
    • Establishing a European securities regulator: is the European Union an optimal economic area for a single securities regulator? 

      Alexander, Kern (CFAP, Cambridge Judge Business School, University of Cambridge, 2002)
      The paper’s purpose is to address the economic, institutional, and legal issues confronting the establishment of a more centralised approach to EU securities regulation and to suggest that the theory of optimum currency ...
    • Google DeepMind and healthcare in an age of algorithms 

      Powles, J; Hodson, H
      Data-driven tools and techniques, particularly machine learning methods that underpin artificial intelligence, offer promise in improving healthcare systems and services. One of the companies aspiring to pioneer these ...
    • The Hunter Valley Access Undertaking 

      Bordignon, Stephen; Littlechild, Stephen (Faculty of Economics, 2012-04-25)
      On 29 June 2011 the Australian Competition and Consumer Commission (ACCC) accepted an access undertaking from Australian Rail Track Corporation (ARTC) in relation to the Hunter Valley rail network. The ACCC encouraged ARTC ...
    • International benchmarking of Electricity Transmission by Regulators: Theory and Practice 

      Haney, A.B.; Pollitt, M.G. (Faculty of Economics, 2012-12-19)
      Benchmarking of electricity networks has a key role in sharing the benefits of efficiency improvements with consumers and ensuring regulated companies earn a fair return on their investments. This paper analyses the theory ...
    • A model for assessing accountability of nuclear regulatory institutions 

      Lavarenne, Jean; Shwageraus, Eugene; Weightman, Michael (Elsevier, 2016-06-14)
      The Fukushima-Daiichi Accident demonstrated the need of assessing and strengthening institutions involved in nuclear safety, including the accountability of regulators. There are a few problems hindering the path towards ...
    • Precision Medicine: Drowning in a Regulatory Soup? 

      Nicol, Dianne; Bubela, Tania; Chalmers, Don; Charbonneau, Jan; Critchley, Christine; Dickinson, Joanne; Fleming, Jennifer et al. (Oxford University Press, 2016)
      Precision medicine is promoted as having the capacity to deliver more personalized healthcare, tailored to an individual’s genetic characteristics, health status and family history. Various sectors of the healthcare industry ...
    • Quorum Sensing Controls Adaptive Immunity through the Regulation of Multiple CRISPR-Cas Systems 

      Patterson, AG; Jackson, SA; Taylor, C; Evans, GB; Salmond, GPC; Przybilski, R; Staals, RHJ et al. (Elsevier (Cell Press), 2016-12-15)
      Bacteria commonly exist in high cell density populations, making them prone to viral predation and horizontal gene transfer (HGT) through transformation and conjugation. To combat these invaders, bacteria possess an arsenal ...
    • Reference Models and Incentive Regulation of Electricity Distribution Networks: An Evaluation of Sweden’s Network Performance Assessment Model (NPAM) 

      Jamasb, Tooraj; Pollitt, Michael G. (Faculty of Economics, 2007-09)
      The world-wide electricity sector reforms have led to a search for alternative and innovative approaches to regulation to promote efficiency improvement in the natural monopoly electricity networks. A number of countries ...