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.

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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