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.

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Please note the Working Papers often represent early stages in the presentation of research findings, and should not be quoted without permission.

Recent Submissions

  • Market Power in the Capacity Market? The Case of Ireland 

    Teirila, J. (Faculty of Economics, 2017-06-30)
    An electricity market coupled with a capacity market is modelled as a two-stage game that allows for strategic behaviour both in the electricity market and in the capacity market. The model is applied to the Irish electricity ...
  • A system operator's utility function for the frequency response market 

    Greve, T.; Teng, F.; Pollitt, M.; Strbac, G. (Faculty of Economics, 2017-07-10)
    How can the electricity system operator determine the optimal quantity and quality of electricity ancillary services (such as frequency response) to procure in a market increasingly characterized by intermittent renewable ...
  • Market design for a high-renewables European electricity system 

    Newbery, D.; Pollitt, M.; Ritz, R.; Strielkowski, W. (Faculty of Economics, 2017-07-16)
    This paper presents a set of policy recommendations for the market design of a future European electricity system characterized by a dominant share of intermittent renewable energy supply (RES), in line with the stated ...
  • Bargaining with renegotiation in models with on-the-job search 

    Gottfries, A. (Faculty of Economics, 2017-05-31)
    This paper studies a model with wage bargaining, random on-the-job search and renegotiation. Wages are determined by a bargaining process in which the firm and the worker alternate in making offers and there is a probability ...

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