Category Archives: Other papers-2014

New EPRG Policy Brief on EU 2030 energy and climate proposals

For full text of the EPRG Policy Brief: http://www.eprg.group.cam.ac.uk/wp-content/uploads/2014/10/EPRG-Policy-Brief-22-Oct-14.pdf ‘Nothing is being done’ to explicitly encourage emissions cut by China and America’  22 October 2014   The 2030 framework on climate change and energy policy being debated at a European Union summit this week has a “glaring omission” by failing to link EU policy to… Read more

Op-ed “Ukraine’s energy brinkmanship” by Chi Kong Chyong and Pierre Noël

In the fog of its foreign-policy confrontation with Russia over Ukraine, the European Union seems unable to see its energy-security interests clearly or to act accordingly. Kiev has used the international crisis triggered by Russia’s actions in Crimea and eastern Ukraine to restructure the contracts with Moscow it signed in 2009. It wants a much… Read more

The Cost Effectiveness of Renewable Energy Support Schemes in the European Union

David Newbery, David Reiner, and Arjun Mahalingham The Cost Effectiveness of Renewable Energy Support Schemes in the European Union Published at the International Association for Energy Economics, Third Quarter, 2014 pg. 21 | Click here for the link       Read more

Explanatory Statement on the Regulatory Conduct Authority’s Occasional Paper 1

There was a wide variety of responses to “Applying behavioural economics at the Regulatory Conduct Authority”, Occasional Paper 1, published on 1 April 2014. These ranged from support for or concern about the RCA’s proposed policy, through the enigmatic “thank you, very interesting”, to “fantastic, brilliant”. But I suspect that a large number of readers… Read more

Professor Stephen Littlechild, EPRG Research Associate, contributes to the first working paper of the Regulatory Conduct Authority (RCA).

Download PDF Here A rapidly growing literature on behavioural economics shows that some errors made by regulators are persistent and predictable. Behavioural economics uses insights from psychology to explain why regulators behave the way they do. Behavioural biases can cause regulators to misjudge important facts or to be inconsistent. Regulators left to themselves will often… Read more