Faculty of Economics
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Cambridge Working Papers in Economics (CWPE)
A new series of papers from the Faculty of Economics and the Department of Applied Economics, which supersedes the DAE Working Paper series
Recent Submissions
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Caste and the Indian Economy
(Faculty of Economics, 2017-06-01)Caste plays a role at every stage of an Indian's economic life; in school, university, the labor market, and into old age. The influence of caste extends beyond private economic activity into the public sphere, where caste ... -
Restructuring the Chinese Electricity Supply Sector - How industrial electricity prices are determined in a liberalized power market: lessons from Great Britain
(Faculty of Economics, 2018-11-28)In this paper, we begin by discussing the components of the price of industrial electricity in Great Britain, as an example of a fully reformed electricity market, where the market is roughly comparable in size to a ... -
Pricing in Day-Ahead Electricity Markets with Near-Optimal Unit Commitment
(Faculty of Economics, 2018-11-28)This paper revisits some peculiar pricing properties of near-optimal unit commitment solutions. Previous work has found that prices can behave erratically even as unit commitment solutions approach the optimal solution, ... -
Increase-Decrease Game under Imperfect Competition in Two-stage Zonal Power Markets Part II: Solution Algorithm
(Faculty of Economics, 2018-11-28)In part I of this paper, we proposed a Mixed-Integer Linear Program (MILP) to analyse imperfect competition of oligopoly producers in two-stage zonal power markets. In part II of this paper, we propose a solution algorithm ...
