Cambridge Working Papers in Economics (CWPE)
About this collection
Cambridge Working Papers in Economics (CWPE) is a new series of papers from the Faculty of Economics and the Department of Applied Economics. It supersedes the DAE Working Paper series.
Please note the Working Papers often represent early stages in the presentation of research findings, and should not be quoted without permission.
(c) All rights reserved.
(2017-12-29)We present a set of power investment models, the class of risky capacity equilibrium problems, reflecting different assumptions of perfect and imperfect markets. The models are structured in a unified stochastic Nash game ...
Designing an electricity wholesale market to accommodate significant renewables penetration: Lessons from Britain (2017-12-29)The wholesale market has to address two major market failures - inadequate carbon prices in the EU ETS, and the learning externalities and missing futures markets for energy and ancillary services needed to guide flexible ...
(2017-12-29)This study explores the international experience with independent system operators (ISOs) with respect to the incentives that system operators face to operate the electricity network efficiently (from the point of view of ...
(2017-12-11)I study students' inferences about school quality from performance-based rankings in a dynamic setting. Schools differ in location and unobserved quality, students differ in location and ability. Short-lived students observe ...