Most of the British electricity supply industry has been privatized. Two dominant generators
supply bulk electricity to an unregulated "pool." They submit a supply schedule of prices for …

Privatization was intended to make the English bulk electricity market sufficiently competitive
to avoid the need for regulation, but two generators set the spot price over 90% of the time …

We report a social cost‐benefit analysis of the privatisation and restructuring of the Central
Electricity Generating Board which generated and transmitted all public electricity in England …

The supply function model of the English electricity spot market is extended to include a
contract market and contestable entry, both of which have dramatic effects on the determination …

Monte Carlo simulations of gas, coal and nuclear plant investment returns are used as
inputs of a Mean–Variance Portfolio optimization to identify optimal base load generation …

There is a missing link between tree physiological and wood-anatomical knowledge which
makes it impossible mechanistically to explain and predict the radial growth of individual …

In this article, we model regulation as a repeated game between a utility facing a random
sequence of demands and a regulator tempted to underreward past investment. Rate-of-return …

The road network is a costly and increasingly scarce resource. For the UK the Department of
Transport (1989a) calculates that total road expenditures (capital and current) or ‘road costs…

Vehicles on uncongested roads damage the pavement and advance the date at which repairs
are necessary. Recent empirical work has identified another potentially more important …

Privatisation of utilities is about ownership rather than control. Liberalisation can induce greater
improvements in performance than privatisation alone. Regulation is inevitably inefficient…