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The Economics & Policy subject group

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The Economics and Policy subject group.

About the subject group

The Economics & Policy group analyses how economics can improve economic growth and business performance; and how public policy can be improved to enhance economic growth, sustainability and the quality of life.

The research of the group falls broadly into the following categories:

  • Behavioural insights and economics (Lucia Reisch, Christos Genakos and Michael Pollitt)
  • Circular economy (Khal Soufani)
  • Competition policy and regulation (Christos Genakos)
  • Consumer behaviour and policy (Lucia Reisch and David Reiner)
  • Decision-making under extreme uncertainty (Jochen Runde)
  • Energy and climate economics and policy (David Reiner, Kamiar Mohaddes and Michael Pollitt)
  • Econometric and statistical methods (Paul Kattuman and Christos Genakos)
  • Explanation in the social sciences (Jochen Runde)
  • Health economics (Juliana Kozak Rogo)
  • Impact investing (Khal Soufani)
  • Industrial organisation (Christos Genakos, Juliana Kozak Rogo and Michael Pollitt)
  • Innovation (Michael Kitson and Christos Genakos)
  • Macroeconomic policy and performance (Michael Kitson and Kamiar Mohaddes)
  • Productivity measurement and the regulation of utilities (Michael Pollitt and Christos Genakos)
  • Social ontology and the ontology of technology (Jochen Runde)

Faculty

  • Genakos, Christos
    Professor of Economics, Director of the MPhil in Technology Policy Programme
  • Kattuman, Paul
    Professor of Economics
  • Kitson, Michael
    Associate Professor in International Macroeconomics, Director of the MBA Programme
  • Kozak Rogo, Juliana
    Management Practice Associate Professor
  • Mohaddes, Kamiar
    Associate Professor in Economics & Policy
  • Pollitt, Michael
    Professor of Business Economics, Assistant Director of the Energy Policy Research Group, Head of the Economics & Policy Subject Group
  • Reiner, David
    Associate Professor in Technology Policy
  • Reisch, Lucia
    El-Erian Professor of Behavioural Economics & Policy
  • Runde, Jochen
    Professor of Economics & Organisation
  • Soufani, Khaled
    Management Practice Professor of Financial Economics & Policy, Director of the Cambridge Executive MBA Programme, Director of the Circular Economy Centre

Research & teaching staff

  • Ajayi, Victor
    Research Associate, Energy Policy Research Group (EPRG)
  • Chyong, Chi Kong
    Research Associate, Energy Policy Research Group (EPRG)
  • Deakin, Simon
    Director of the Centre for Business Research (CBR)
  • Hope, Chris
    Emeritus Reader in Policy Modelling
  • Hughes, Alan
    Margaret Thatcher Professor Emeritus of Enterprise Studies, and Senior Research Associate, Centre for Business Research (CBR)
  • Lohmann, Paul
    Research Associate (El-Erian Institute of Behavioural Economics and Policy)
  • Ritz, Robert
    Senior Research Associate, Assistant Director of the Energy Policy Research Group (EPRG)
  • Schneider, Frédéric-Guillaume
    Senior Research Associate

PhD students

Honorary appointments

Industry & policy engagement

The research of the group is informed and stimulated by regular interactions with a wide range of regional, national and international organisations such as: the European Union; the Department of Business Energy and Industrial Strategy; National Infrastructure Commission; the US Environmental Protection Agency; UK Met Office and Committee on Climate Change; and the Office of Gas and Electricity Markets (Ofgem). It provides advice and policy inputs at Prime Ministerial and Ministerial levels in the UK and abroad.

The group also maintains long-standing collaborations with leading academic institutions around the world including Stanford University Energy Modelling Forum, MIT’s Center for Energy and Environmental Policy and CSIRO.

Members of the group are also actively engaged in business and policy engagement through:

  • the Centre for Business Research (CBR), which conducts interdisciplinary research on enterprise, innovation and governance in contemporary market economies, and whose research is used by managers, policy-makers and regulators in numerous countries
  • the Circular Economy Centre, which collaborates with academic and non-academic institutions in the EU (e.g. the European Defence Agency) on issues relating to the enablers of circularity such digital technology and IoT, which was part of a University of Cambridge consortium on plastics, and which delivers an Executive Education programmes to executives in multiple organisations
  • the El-Erian Institute of Behavioural Economics and Policy, which collaborates with the behavioural teams of the OECD, the UN, the European Commission, the WHO and several national governments, and which has a close collaboration with the Program on Behavioral Economics and Public Policy at Harvard Law School
  • the Energy Policy Forum (EPF), which facilitates knowledge exchange between the Energy Policy Research Group (EPRG) and a range of organisations including government departments, regulators, energy companies and consumer organisations
  • the Centre for Science and Policy (CSaP), whose aim is to improve public policy through the more effective use of evidence and expertise. It does this by facilitating visits to the University of Cambridge of civil servants from various government departments and agencies, as well as leading private companies with technology policy interests.

Publishing output

The members of the group publish in leading journals and also disseminate their work through other channels to ensure the maximum impact on policy and practice. The CBR and the EPRG also produce a range of publications and presentations which are available via their websites:

2022

Anaya, K.L. and Pollitt, M.G. (2022) “A social cost benefit analysis for the procurement of reactive power: the case of Power Potential.” Applied Energy, 312: 118512 (DOI: 10.1016/j.apenergy.2022.118512)

Bauer, J.M., Aarestrup, S., Hansen, P.G. and Reisch, L.A. (2022) “Nudging more sustainable grocery purchases: behavioural innovations in a supermarket setting.” Technological Forecasting and Social Change, 179: 121605 (DOI: 10.1016/j.techfore.2022.121605)

Bauer, J.M., Nielsen, K.S., Hofmann, W. and Reisch, L.A. (2022) “Healthy eating in the wild: an experience sampling study assessing the barriers and facilitators to dietary goal success.” Social Science and Medicine, 299: 114869 (DOI: 10.1016/j.socscimed.2022.114869)

Bauer, J.M., van der Laan, L.N., de Bruijn, G.-J. and Reisch, L.A. (2022) “Battle of the primes: the effect and interplay of health and hedonic primes on food choice.” Appetite, 172: 105956 (DOI: 10.1016/j.appet.2022.105956)

Esposito, M., Tse, T., Soufani, K. and Chong, L. (2022) “How can vertical farming ensure the future of food security? [in Arabic]Stanford Social Innovation Review (Arabic), 26 January 2022

Feduzi, A., Faulkner, P., Runde, J., Cabantous, L. and Loch, C. (2022) “Heuristic methods for updating small world representations in strategic situations of Knightian uncertainty.” Academy of Management Review (DOI: 10.5465/amr.2018.0235) (published online Oct 2020)

Forberger, S., Reisch, L., Meshkovska, B., Łobczowska, K., Scheller, D.A., Wendt, J., Christianson, L., Frense, J., Steinacker, J.M., Luszczynska, A. and Zeeb, H. (2022) “Sugar-sweetened beverage tax implementation processes: results of a scoping review.” Health Research Policy and Systems, 20: 33 (DOI: 10.1186/s12961-022-00832-3)

Heuer, T. and Runde, J. (2022) “The Elbphilharmonie and the Hamburg effect: on the social positioning, identities and system functions of a building and a city.” European Planning Studies, 30(1): 85-104 (DOI: 10.1080/09654313.2021.1908232)

Pollitt, M.G. (2022) “The further economic consequences of Brexit: energy.” Oxford Review of Economic Policy, 38(1): 165-178 (DOI: 10.1093/oxrep/grab044)

Pollitt, M.G. and Dolphin, G. (2022) “Should the EU ETS be extended to road transport and heating fuels?” Economics of Energy and Environmental Policy, 11(1) (DOI: 10.5547/2160-5890.11.1.mpol)

2021

Anaya, K.L. and Pollitt, M.G. (2021) “How to procure flexibility services within the electricity distribution system: lessons from an international review of innovation projects.” Energies, 14(15): 4475-4475 (DOI: 10.3390/en14154475)

Anaya, K.L. and Pollitt, M.G. (2021) “The role of regulators in promoting the procurement of flexibility services within the electricity distribution system: a survey of seven leading countries.” Energies, 14(14): 4073 (DOI: 10.3390/en14144073)

Bauer, J., Bietz, S., Rauber, J. and Reisch, L.A. (2021) “Nudging healthier food choices in a cafeteria setting: a sequential multi-intervention field study.” Appetite, 160: 105106 (DOI: 10.1016/j.appet.2021.105106)

Cardinale, I. and Runde, J. (2021) “From dishwashing to dishwasher cooking: on social positioning and how users are drawn towards alternative uses of existing technology.” Cambridge Journal of Economics, 45(4): 613-630 (DOI: 10.1093/cje/beab026)

Chudik, A., Mohaddes, K., Pesaran, H., Raissi, M. and Rebucci, A. (2021) “A counterfactual economic analysis of Covid-19 using a threshold augmented multi-country model.” Journal of International Money and Finance, 119: 102477 (DOI: 10.1016/j.jimonfin.2021.102477)

Chudik, A., Mohaddes, K. and Raissi, M. (2021) “Covid-19 fiscal support and its effectiveness.” Economics Letters, 205: 109939 (DOI: 10.1016/j.econlet.2021.109939)

Debnath, R., Bardhan, R., Darby, S., Mohaddes, K., Sunikka-Blank, M., Cristina Villaça Coelho, A. and Isa, A. (2021) “Words against injustices: a deep narrative analysis of energy cultures in poverty of Abuja, Mumbai and Rio de Janeiro.” Energy Research and Social Science, 72: 101892 (DOI: 10.1016/j.erss.2020.101892)

Faulkner, P., Feduzi, A., McCann Jr, C.R. and Runde, J. (2021) “F.H. Knight’s Risk, uncertainty, and profit and J.M. Keynes’ Treatise on probability after 100 years.” Cambridge Journal of Economics, 45(5): 857-882 (DOI: 10.1093/cje/beab035)

Faulkner, P., Feduzi, A., McCann Jr, C.R. and Runde, J. (eds.) (2021) “Special issue on F.H. Knight’s Risk, uncertainty, and profit and J.M. Keynes’ Treatise on probability after 100 years.” Cambridge Journal of Economics, 45(5)

Flamini, A., Jahanshabi, B. and Mohaddes, K. (2021) “Illegal drugs and public corruption: crack based evidence from California.” European Journal of Political Economy, 69: 102005 (DOI: 10.1016/j.ejpoleco.2021.102005)

Generoso, R., Couharde, C., Damette, O. and Mohaddes, K. (2021) “The growth effects of El Niño and La Niña: local weather conditions matter.” Annals of Economics and Statistics, 140: 83-126 (DOI: 10.15609/annaeconstat2009.140.0083)

Glachant, J.-M., Joskow, P.L. and Pollitt, M.G. (eds.) (2021) Handbook on electricity markets. Cheltenham: Edward Elgar.

Kahn, M.E., Mohaddes, K., Ng, R.N.C., Pesaran, M.H., Raissi, M. and Yang, J.-C. (2021) “Long-term macroeconomic effects of climate change: a cross-country analysis.” Energy Economics, 104: 105624 (DOI: 10.1016/j.eneco.2021.105624)

Kiesling, L., Meeus, L. and Pollitt, M.G. (eds.) (2021) “Special issue on innovation, policy, and regulation in electricity markets.” Energies, 14(19)

Han, Y., Li, V.O.K., Lam, J.C.K. and Pollitt, M. (2021) “How BLUE is the sky? Estimating air qualities in Beijing during the Blue Sky Day period (2008–2012) by Bayesian Multi-task LSTM.” Environmental Science and Policy, 116: 69-77 (DOI: 10.1016/j.envsci.2020.10.015)

Pollitt, M.G. (2021) “Measuring the impact of electricity market reform in a Chinese context.” Energy and Climate Change, 2: 100044 (DOI: 10.1016/j.egycc.2021.100044)

Pollitt, M.G. and Ananya, K.L. (2021) “Competition in markets for ancillary services? The implications of rising distributed generation.” The Energy Journal, 42(Special issue) (DOI: 10.5547/01956574.42.SI1.mpol)

Pollitt, M.G. and Chyong, C.K. (2021) “Modelling net zero and sector coupling: lessons for European policy makers.” Economics of Energy and Environmental Policy, 10(2): 25-40 (DOI: 10.5547/2160-5890.10.2.mpol)

Pollitt, M. and Nillesen, P. (2021) “Ownership unbundling of electricity distribution networks.” Economics of Energy and Environmental Policy, 10(1) (DOI: 10.5547/2160-5890.10.1.pnil)

Reisch, L.A. (2021) “Shaping healthy and sustainable food systems with behavioural food policy.” European Review of Agricultural Economics, 48(4): 665-693 (DOI: 10.1093/erae/jbab024)

Reisch, L.A., Sunstein, C.R., Andor, M.A., Doebbe, F.C., Haddaway, N.R. and Meier, J. (2021) “Mitigating climate change via food consumption and food waste: a systematic map of behavioural interventions.” Journal of Cleaner Production, 279: 123717 (DOI: 10.1016/j.jclepro.2020.123717)

Reisch, L.A., Sunstein, C.R. and Kaiser, M. (2021) “What do people want to know? Information avoidance and food policy implications.” Food Policy, 102: 102076 (DOI: 10.1016/j.foodpol.2021.102076)

Runde, J., Feduzi, A. and Cabantous, L. (2021) “Commentary on Brian T. McCann’s ‘Bayesian updating’.” California Management Review, 25 April 2021

Soufani, K. and Loch, C. (2021) “Circular supply chains are more sustainable. Why are they so rare?” Harvard Business Review, 15 June 2021

Sunstein, C.R. and Reisch, L.A. (2021) “Climate-friendly default rules.” In: Bali Swain, R. and Sweet, S. (eds.) Sustainable consumption and production: challenges and development: vol.1. Basingstoke: Palgrave Macmillan, pp.141-164

Sunstein, C.R., Reisch, L.A. and Kaiser, M. (2021) “Most people like nudges – and why that matters.” In: Grundmann, S. and Hacker, P. (eds.) Theories of choice: the social science and the law of individual, collective and organizational decision making. Oxford: Oxford University Press, pp.73-86

2020

Aboulamer, A., Soufani, K. and Esposito, M. (2020) “Financing the circular economic model.” Thunderbird International Business Review, 62(6): 641-646 (DOI: 10.1002/tie.22123)

Ananya, K.L. and Pollitt, M.G. (2020) “Reactive power procurement: a review of current trends.” Applied Energy, 270: 114939 (DOI: 10.1016/j.apenergy.2020.114939)

Chudik, A., Pesaran, M.H. and Mohaddes, K. (2020) “Identifying global and national output and fiscal policy shocks using a GVAR.” In: Pesaran, M.H., Li, T. and Terrell, D. (eds.) Advances in econometrics: vol.41: essays in honor of Cheng Hsiao. Bingley: Emerald Publishing, pp.143-190

Dolphin, G., Pollitt, M. and Newbery, D. (2020) “The political economy of carbon pricing: a panel analysis.” Oxford Economic Papers, 72(2): 472-500 (DOI: 10.1093/oep/gpz042)

Geissdoerfer, M., Pieroni, M.P.P., Pigosso, D.C.A. and Soufani, K. (2020) “Circular business models: a review.” Journal of Cleaner Production, 277: 123741 (DOI: 10.1016/j.jclepro.2020.123741)

Pollitt, M.G. (2020) Reforming the Chinese electricity supply sector: lessons from global experience. Basingstoke: Palgrave Macmillan.

Reiner, D.M. (2020) “The political economy of carbon capture and storage.” In: Bui, M. and Mac Dowell, N. (eds.) Carbon capture and storage. London: Royal Society of Chemistry, pp.536-558

Runde, J., Lewis, P. and Graça Moura, M. (2020) “Ontology and the history of economic thought: an introduction.” Cambridge Journal of Economics, 44(5): 981-990 (DOI: 10.1093/cje/beaa039)

Runde, J., Lewis, P. and Graça Moura, M. (eds.) (2020) “Special issue on ontology and the history of economic thought.” Cambridge Journal of Economics, 44(5)

2019

Aboulamer, A., Esposito, M. and Soufani, K. (2019) “Financing the circular economy model [in Arabic].” Harvard Business Review (Arabic), 27 June 2019

Anaya, K.L. and Pollitt, M.G. (2019) “Storage business models: lessons for electricity from cloud data, frozen food and natural gas.” The Energy Journal, 40(SI): 409-432 (DOI: 10.5547/01956574.40.SI1.kana)

Chan, J.H. and Reiner, D. (2019) “‘Dominance by birthright’? Reconfiguration of firm boundaries to acquire new resources and capabilities.” Industrial Management and Data Systems, 119(9): 1888-1907 (DOI: 10.1108/IMDS-04-2019-0258)

Chan, J.H. and Reiner, D. (2019) “Evolution in inter-firm governance along the transport biofuel value chain in Maritime Silk Road countries.” Transportation Research Part E: Logistics and Transportation Review, 122: 268-282 (DOI: 10.1016/j.tre.2018.12.006)

El-Anshasy, A., Mohaddes, K. and Nugent, J.B. (2019) “Oil, volatility and institutions: cross-country evidence from major oil producers.” In: Mohaddes, K., Nugent, J.B. and Selim, H. (eds.) Institutions and macroeconomic policies in resource-rich Arab economies. Oxford: Oxford University Press, pp.52-72 (DOI: 10.1093/oso/9780198822226.003.0003)

Faulkner, P. and Runde, J. (2019) “Theorizing the digital object.” MIS Quarterly, 43(4): 1279-1302 (DOI: 10.25300/MISQ/2019/13136)

Fontana, G., Pitelis, C. and Runde, J. (2019) “Financialisation and the new capitalism?” Cambridge Journal of Economics, 43(4): 799-804 (DOI: 10.1093/cje/bez029)

Fontana, G., Pitelis, C., and Runde, J. (eds.) (2019) “Special issue on financialisation and the new capitalism.” Cambridge Journal of Economics, 43(4)

Fransman, M., Garzarelli, G., Lewin, P., Runde, J. and Torr, C. (2019) “Reminiscences of Ludwig M. Lachmann.” In: Fiorito, L., Scheall, S. and Suprinyak, C.E. (eds.) Including a symposium on Ludwig Lachmann (Research in the History of Economic Thought and Methodology, vol.37B). Bingley: Emerald Publishing, pp.83-92

Genakos, G. and Pollitt, M. (eds.) (2019) “Special issue on celebrating 25 years of the EU Single Market.” Review of Industrial Organization, 55(1)

Genakos, G. and Pollitt, M. (2019) “Introduction to the special issue in ‘Celebrating 25 years of the EU Single Market’.” Review of Industrial Organization, 55(1): 1-4 (DOI: 10.1007/s11151-019-09690-w)

Hannula, I. and Reiner, D.M. (2019) “Near-term potential of biofuels, electrofuels and battery electric vehicles in decarbonising road transport.” Joule, 13(10): 2390-2402 (DOI: 10.1016/j.joule.2019.08.013)

Küfeoğlu, S. and Pollitt, M.G. (2019) “The impact of PVs and EVs on domestic electricity network charges: a case study from Great Britain.” Energy Policy, 127: 412-424 (DOI: 10.1016/j.enpol.2018.12.012)

Lam, J.C.K., Han, Y., Wang, S., Li, V.O.K., Pollitt, M. and Warde, P. (2019) “A comparative study of air pollution trends in historical London and contemporary Beijing.” In: Ozawa, M., Chaplin, J., Pollitt, M., Reiner, D. and Warde, P. (eds.) In search of good energy policy. Cambridge: Cambridge University Press, pp.282-304

Liu, X.-Y., Pollitt, M.G., Xie, B.-C. and Liu, L.-Q. (2019) “Does environmental heterogeneity affect the productive efficiency of grid utilities in China?” Energy Economics, 83: 333-344 (DOI: 10.1016/j.eneco.2019.07.001)

Mohaddes, K., Nugent, J.B. and Selim, H. (2019) Institutions and macroeconomic policies in resource-rich Arab economies. Oxford: Oxford University Press (DOI: 10.1093/oso/9780198822226.001.0001)

Mohaddes, K., Nugent, J.B. and Selim, H. (2019) “Objectives, issues and findings.” In: Mohaddes, K., Nugent, J.B. and Selim, H. (eds.) Institutions and macroeconomic policies in resource-rich Arab economies. Oxford: Oxford University Press, pp.1-14 (DOI: 10.1093/oso/9780198822226.003.0001)

Mohaddes, K., Nugent, J.B. and Selim, H. (2019) “Reforming fiscal institutions in resource-rich Arab economies: policy proposals.” In: Mohaddes, K., Nugent, J.B. and Selim, H. (eds.) Institutions and macroeconomic policies in resource-rich Arab economies. Oxford: Oxford University Press, pp.237-271 (DOI: 10.1093/oso/9780198822226.003.0009)

Newbery, D.M., Reiner, D.M. and Ritz, R.A. (2019) “The political economy of a carbon price floor for power generation.” The Energy Journal, 40(1) (DOI: 10.5547/01956574.40.1.dnew)

Ostfeld, R., Reiner, D.M., Howarth, D. and Krasny, P. (2019) “Peeling back the label: exploring sustainable palm oil ecolabelling and consumption in the United Kingdom.” Environmental Research Letters, 14: 014001 (DOI: 10.1088/1748-9326/aaf0e4)

Ozawa, M., Chaplin, J., Pollitt, M., Reiner, D. and Warde, P. (2019) In search of good energy policy. Cambridge: Cambridge University Press.

Ozawa, M., Chaplin, J., Pollitt, M., Reiner, D. and Warde, P. (2019) “Responses and final thoughts.” In: Ozawa, M., Chaplin, J., Pollitt, M., Reiner, D. and Warde, P. (eds.) In search of good energy policy. Cambridge: Cambridge University Press, pp.336-350

Ozawa, M. and Pollitt, M. (2019) “Introduction to multidisciplinary approaches’.” In: Ozawa, M., Chaplin, J., Pollitt, M., Reiner, D. and Warde, P. (eds.) In search of good energy policy. Cambridge: Cambridge University Press, pp.275-281

Pollitt, M.G. (2019) “A global carbon market?” Frontiers of Engineering Management, 6(1): 5-18 (DOI: 10.1007/s42524-019-0011-x)

Pollitt, M.G. (2019) “The European single market in electricity: an economic assessment.” Review of Industrial Organization, 55(1): 63-87 (DOI: 10.1007/s11151-019-09682-w)

Rocha, M., Baddeley, M., Pollitt, M. and Weeks, M. (2019) “Addressing self-disconnection among prepayment energy consumers: a behavioural approach.” Energy Economics, 81: 273-286 (DOI: 10.1016/j.eneco.2019.03.025)

Schnellmann, M.A., Chyong, C.K., Reiner, D.M. and Scott, S.A. (2019) “Deploying gas power with CCS: the role of operational flexibility, merit order and the future energy system.” International Journal of Greenhouse Gas Control, 91: 102838 (DOI: 10.1016/j.ijggc.2019.102838)

Triebs, T.P. and Pollitt, M.G. (2019) “Objectives and incentives: evidence from the privatization of Great Britain’s power plants.” International Journal of Industrial Organization, 65: 1-29 (DOI: 10.1016/j.ijindorg.2018.12.003)

2018

Alawadhi, A., Mohaddes, K., Burney, N.A. and Al-Khayat, A. (2018) “Kuwait’s macroeconomic performance in the global context.” Arab Journal of Administrative Sciences, 25(1): 93-119

Bui, M., Adjiman, C.S., Bardow, A., Anthony, E.J., Boston, A., Brown, S., Reiner, D.M. et al (2018) “Carbon capture and storage (CCS): the way forward.” Energy and Environmental Science, 11(5): 1062-1176 (DOI: 10.1039/c7ee02342a)

Burney, N.A., Mohaddes, K., Alawadhi, A. and Al-Musallam, M. (2018) “The dynamics and determinants of Kuwait’s long-run economic growth.” Economic Modelling, 71: 289-304 (DOI: 10.1016/j.econmod.2017.12.018)

Chudik, A., Mohaddes, K., Pesaran, H.M. and Raissi, M. (2018) “Rising public debt to GDP can harm economic growth.” Economic Letter (Federal Reserve Bank of Dallas), 13(3): 1-4

Esposito, M., Tse, T. and Soufani, K. (2018) “Introducing a circular economy: new thinking with new managerial and policy implications.” California Management Review, 60(3): 5-19 (DOI: 10.1177/0008125618764691)

Esposito, M., Tse, T. and Soufani, K. (2018) “Reverse logistics for postal services within a circular economy.” Thunderbird International Business Review, 60(5): 741-745 (DOI: 10.1002/tie.21904)

Esposito, M., Tse, T. and Soufani, K. (2018) “The circular economy: an opportunity for renewal, growth, and stability.” Thunderbird International Business Review, 60(5): 725-728 (DOI: 10.1002/tie.21912)

Feduzi, A., Runde, J., Cabantous, L., Faulkner, P. and Loch, C. (2018) “Updating ‘small world representations’ in strategic decision-making under extreme uncertainty.” Academy of Management Proceedings, 2018(1) (DOI: 10.5465/AMBPP.2018.141)

Greve, T., Teng, F., Pollitt, M.G. and Strbac, G. (2018) “A system operator’s utility function for the frequency response market.” Applied Energy, 231: 562-569 (DOI: 10.1016/j.apenergy.2018.09.088)

Guan, D., Meng, J., Reiner, D.M., Zhang, N., Shan, Y., Mi, Z., Shao, S., Liu, Z., Zhang, Q. and Davis, S.J. (2018) “Structural decline in China’s CO2 emissions through transitions in industry and energy systems.” Nature Geoscience, 11: 551-555 (DOI: 10.1038/s41561-018-0161-1)

Honegger, M. and Reiner, D. (2018) “The political economy of negative emissions technologies: consequences for international policy design.” Climate Policy, 18(3): 306-321 (DOI: 10.1080/14693062.2017.1413322)

Newbery, D., Pollitt, M.G., Ritz, R.A. and Strielkowski, W. (2018) “Market design for a high-renewables European electricity system.” Renewable and Sustainable Energy Reviews, 91: 695-707 (DOI: 10.1016/j.rser.2018.04.025)

Pollitt, M.G. (2018) “Electricity network charging in the presence of distributed energy resources: principles, problems and solutions.” Economics of Energy and Environmental Policy, 7(1): 89-103 (DOI: 10.5547/2160-5890.7.1.mpol)

Richter, L.-L. and Pollitt, M.G. (2018) “Which smart electricity service contracts will consumers accept? The demand for compensation in a platform market.” Energy Economics, 72: 436-450 (DOI: 10.1016/j.eneco.2018.04.004)

Sidhu, A.S., Pollitt, M.G. and Anaya, K.L. (2018) “A social cost benefit analysis of grid-scale electrical energy storage projects: a case study.” Applied Energy, 212: 881-894 (DOI: 10.1016/j.apenergy.2017.12.085)

Soufani, K., Tse, T., Esposito, M., Dimitriou, G. and Kikiras, P. (2018) “Bridging the circular economy and social enterprise: the Dutch Ministry of Defence and Biga Groep.” European Business Review, 18 March 2018

Soufani, K., Tse, T., Esposito, M., Dimitriou, G. and Kikiras, P. (2018) “A roadmap to circular economy in EU defence inspired by the case of the Dutch Ministry of Defence.” The European Financial Review, 10 February 2018

2017

Anaya, K.L. and Pollitt, M.G. (2017) “Going smarter in the connection of distributed generation.” Energy Policy, 105: 608-617 (DOI: 10.1016/j.enpol.2017.01.036)

Anaya, K.L. and Pollitt, M.G. (2017) “Using stochastic frontier analysis to measure the impact of weather on the efficiency of electricity distribution businesses in developing economies.” European Journal of Operational Research, 263(3): 1078-1094 (DOI: 10.1016/j.ejor.2017.05.054)

Cashin, P., Mohaddes, K. and Raissi, M. (2017) “China’s slowdown and global financial market volatility: is world growth losing out?”  Emerging Markets Review, 31: 164-175 (DOI: 10.1016/j.ememar.2017.05.001)

Cashin, P., Mohaddes, K. and Raissi, M. (2017) “Fair weather or foul? The macroeconomic effects of El Niño.” Journal of International Economics, 106: 37-54 (DOI: 10.1016/j.jinteco.2017.01.010)

Chudik, A., Mohaddes, K., Pesaran, H.M. and Raissi, M. (2017) “Is there a debt-threshold effect on output growth?” Review of Economics and Statistics, 99(1): 135-150 (DOI: 10.1162/REST_a_00593)

Esposito, M., Soufani, K. and Tse, T. (2017) “La chimie verte: moins d’impact écologique, plus d’avantage compétitif.” Harvard Business Review (France), 17 January 2017

Esposito, M., Soufani, K. and Tse, T. (2017) “Comment l’industrie automobile peut s’inspirer de l’économie circulaire.” Harvard Business Review (France), 16 February 2017

Esposito, M., Soufani, K. and Tse, T. (2017) “Les postiers, sauveurs de l’économie circulaire?” Harvard Business Review (France), 20 April 2017

Esposito, M., Tse, T., Soufani, K. and Xiong, L. (2017) “Et si l’agriculture pouvait de nouveau être un secteur d’avenir?” Harvard Business Review (France), 29 November 2017

Esposito, M., Tse, T. and Soufani, K. (2017) “Come la logistica inversa potrebbe resuscitare il servizio postale in declino.” Harvard Business Review (Italy), 3 May 2017

Esposito, M., Tse, T., Soufani, K. and Xiong, L. (2017) “Feeding the future of agriculture with vertical farming.” Stanford Social Innovation Review, 27 December 2017

Esposito, M., Tse, T. and Soufani, K. (2017) “Is the circular economy a new fast-expanding market?” Thunderbird International Business Review, 59(1): 9-14 (DOI: 10.1002/tie.21764)

Faulkner, P., Pratten, S. and Runde, J. (2017) “Cambridge social ontology: clarification, development and deployment.” Cambridge Journal of Economics, 41(5): 1265–1277 (DOI: 10.1093/cje/bex048)

Faulkner, P., Pratten, S. and Runde, J. (eds.) (2017) “Special issue on Cambridge social ontology.” Cambridge Journal of Economics, 41(5)

Faulkner, P., Feduzi, A. and Runde, J. (2017) “Unknowns, Black Swans and the risk / uncertainty distinction.” Cambridge Journal of Economics, 41(5): 1279-1302 (DOI: 10.1093/cje/bex035)

Feduzi, A., Runde, J. and Zappia, C. (2017) “De Finetti and Savage on the normative relevance of imprecise reasoning: a reply to Arthmar and Brady.” History of Economic Ideas, 25(1): 211-223 (DOI: 10.17863/CAM.8789)

Greve, T. and Pollitt, M.G. (2017) “Determining the optimal length of regulatory guarantee: a length-of-contract auction.” The Economic Journal, 127(605): F325–F333 (DOI: 10.1111/ecoj.12405)

He, X. and Reiner, D. (2017) “Why consumers switch energy suppliers: the role of individual attitudes.” Energy Journal, 38(1): 25-53 (DOI: 10.5547/01956574.38.6.hxia)

Mohaddes, K. and Pesaran, H.M. (2017) “Oil prices and the global economy: is it different this time around?” Energy Economics, 65: 315-325 (DOI: 10.1016/j.eneco.2017.05.011)

Mohaddes, K., Raissi, M. and Weber, A. (2017) “Can Italy grow out of its NPL overhang? A panel threshold analysis.” Economics Letters, 159: 185-189 (DOI: 10.1016/j.econlet.2017.08.001)

Mohaddes, K. and Raissi, M. (2017) “Do sovereign wealth funds dampen the negative effects of commodity price volatility?” Journal of Commodity Markets, 8: 18-27 (DOI: 10.1016/j.jcomm.2017.08.004)

Oseni, M.O. and Pollitt, M.G. (2017) “The prospects for smart energy prices: observations from 50 years of residential pricing for fixed line telecoms and electricity.” Renewable and Sustainable Energy Reviews, 70: 150–160 (DOI: 10.1016/j.rser.2016.11.214)

Pitelis, C. and Runde, J. (2017) “Capabilities, resources, learning and innovation: a blueprint for a post-classical economics and public policy.” Cambridge Journal of Economics, 41(3): 679–691 (DOI: 10.1093/cje/bex022)

Pitelis, C. and Runde, J. (eds.) (2017) “Special issue on post-classical perspectives on the interaction between business organisation and public policy.” Cambridge Journal of Economics, 41(3)

Pollitt, M.G. (2017) “David Michael Garrood Newbery (1943–).” In: Cord, R.A. (ed.) The Palgrave companion to Cambridge economics. London: Palgrave Macmillan, pp.1131-1149

Pollitt, M.G. (2017) “The economic consequences of Brexit: energy.” Oxford Review of Economic Policy, 33(S1): S134-S143 (DOI: 10.1093/oxrep/grx013)

Viñuales, J.E., Depledge, J., Reiner, D.M. and Lees, E. (2017) “Climate policy after the Paris 2015 climate conference.” Climate Policy, 17(1): 1-8 (DOI: 10.1080/14693062.2016.1242060)

Previous seminars

Lent Term 2022

Market structure, investment and technical efficiencies in mobile communications
Paul Scott, Assistant Professor of Economics, NYU Stern School of Business

15:00-16:00, 2 February 2022
Online

Growth and the fragmentation of production
Johannes Boehm, Assistant Professor, Department of Economics at Sciences Po

15:00-16:00, 9 February 2022
Online

Patent enforcement and subsequent innovation
Marek Giebel, Assistant Professor (tenure-track), Department of Economics, Copenhagen Business Schoo

15:00-16:00, 16 February 2022
Online

Race to the bottom: Competition and quality in science
Ryan Hill, Assistant Professor of Economics, Brigham Young University

15:00-16:00, 23 February 2022
Online

A tale of two networks: Common ownership and product market rivalry
Bruno Pellegrino, University of Maryland’s Smith School of Business

15:00-16:00, 2 March 2022
Online

Common ownership and competition in the ready to eat cereal industry
Matthew Backus, Associate Professor, Columbia Business School

15:00-16:00, 9 March 2022
Online

How does price competition affect innovation? Evidence from US antitrust cases
Hyo Kang, Assistant Professor, USC Marshall School of Business

15:00-16:00, 16 March 2022
Online

Michaelmas Term 2021

Algorithmic pricing and competition: Empirical evidence from the German retail gasoline market
Daniel Ershov, Assistant Professor, Toulouse School of Economics

15:00-16:00, 20 October 2021
Online

Search frictions and efficiency in decentralised transport markets
Myrto Kalouptsidi, Assistant Professor, Harvard Faculty of Arts and Sciences

15:00-16:00, 27 October 2021
Online

GDPR and the lost generation of innovative apps
Michael Kummer, Assistant Professor, University of East Anglia, Norwich

15:00-16:00, 3 November 2021
Seminar Room 1 (Simon Sainsbury Centre, Cambridge Judge Business School) and online

Price transparency, media and informative advertising
Professor Itai Ater, Coller School of Management, Tel Aviv University

15:00-16:00, 10 November 2021
Online

The aggregate consequences of forbearance lending: Evidence from Japan
Dr Isabelle Roland, Associate Lecturer, St John’s College, University of Cambridge

15:00-16:00, 17 November 2021
Seminar Room 1 (Simon Sainsbury Centre, Cambridge Judge Business School) and online

The value of information in competitive markets: The impact of big data on small and medium enterprises
Ricard Gil, Associate Professor and Distinguished Faculty Fellow of Business Economics, Smith School of Business, Queen’s University

15:00-16:00, 24 November 2021
Online

Licensing life saving drugs for developing countries: Evidence from the medicines patent pool
Alberto Galasso, Professor of Strategic Management, Rotman Chair in Life Sciences Commercialisation, University of Toronto

15:00-16:00, 1 December 2021
Online

Lent Term 2020

Are Consumers Myopic? Evidence from Handset and Mobile Services Choices
Dr Ambre Nicolle, Postdoctoral Researcher, University of Munich

13:00-14:00, 22 January 2020
Lecture Theatre 4, Cambridge Judge Business School

Evaluation of Bidding Groups in First Price Auctions
Christine Zulehner, Professor of Economics, University of Vienna

12:30-14:00, 29 January 2020
Room W4.05, Cambridge Judge Business School

An Aggregative Games Approach to Merger Analysis in Multiproduct Firm Oligopoly
Nicolas Schutz, Professor of Economics, University of Mannheim

12:30-13:30, 5 February 2020
Lecture Theatre 1, Cambridge Judge Business School

Natural monopoly in delivery services
Professor Sean Ennis, Director, Centre for Competition Policy, Professor of Competition Policy, UEA Norwich Business School

12:30-13:30, 12 February 2020
Lecture Theatre 1, Cambridge Judge Business School

Distracted from Shopping: Product Design and Advertisement with Limited Attention
Dr Benson Tsz Kin Leung, Postdoctoral Research Associate, University of Cambridge

12:30-14:00, 19 February 2020
Room W2.01, Cambridge Judge Business School

Shelving or Developing? The Acquisition of Potential Competitors Under Financial Constraints
Massimo Motta, Professor of Economics, Catalan Institution for Research and Advanced Studies (ICREA), Universitat Pompeu Fabra (UPF)

12:00-13:30, 26 February 2020
Room W2.01, Cambridge Judge Business School

The Extensive Margin of Aggregate Consumption Demand
Andrea Pozzi, Associate Professor, Einaudi Institute for Economics and Finance

12:30-14:00, 4 March 2020
Room KH107, Cambridge Judge Business School

Mergers and Demand Enhancing Innovation
Yassine Lefouili, Assistant Professor, Toulouse School of Economics

12:30-14:00 11 March 2020
Room W4.05, Cambridge Judge Business School

Michaelmas Term 2019

Data Science: What Is It Not?
Professor Xiao-Li Meng, Harvard University

13:00-14:00, 7 October 2019
LT4, Cambridge Judge Business School

From Mad Men to Maths Men: Concentration & Buyer Power in Online Advertising
Dr Francesco Decarolis, Bocconi University

13:00-14:00, 23 October 2019
LT4, Cambridge Judge Business School

Price or Variety? An Evaluation of Mergers Effects in Grocery Retailing
Professor Tomaso Duso, DIW Berlin

13:30-14:30, 30 October 2019
LT4, Cambridge Judge Business School

Paying for What Kind of Performance? Performance Pay, Multitasking & Sorting in Mission Oriented Jobs
Professor Michael Vlassopoulos, University of Southampton

13:00-14:00, 6 November 2019
LT4, Cambridge Judge Business School

Common Ownership, Competition & Top Management Incentives
Dr Martin Schmalz, Saïd Business School

13:00-14:00, 13 November 2019
LT2, Cambridge Judge Business School

Conflicts of Interest, Ethical Rules and Competition
Professor Jan Bouckaert, University of Antwerp

12:00-13:30, 20 November 2019
Room W4.05, Cambridge Judge Business School

Long Term Macroeconomic Effects of Climate Change: A Cross Country Analysis
Dr Kamiar Mohaddes, Cambridge Judge Business School

12:00-13:30, 27 November 2019
Room W4.05, Cambridge Judge Business School

Insurance Between Firms: The Role of Internal Labour Markets
Dr Giacinta Cestone, Cass Business School

13:00-14:00, 4 December 2019
LT4, Cambridge Judge Business School

Easter Term 2019

Targeted Branding, Price Competition and Consumer Data 
Professor Lynne Pepall, Tufts University

12:00-13:00, 2 May 2019
LT1, Cambridge Judge Business School

Competition in the Venture Capital Market and the Success of Startup Companies: Theory and Evidence
Professor Konstantinos Serfes, Drexel University

12:00-13:30, 8 May 2019
Room W2.01, Cambridge Judge Business School

Lent Term 2019

How Well Targeted Are Soda Taxes?
Professor Pierre Dubois, Toulouse School of Economics

13:00-14:00, 30 January 2019
LT4, Cambridge Judge Business School

Mark-ups and Concentration in the Digital Era
Chiara Criscuolo, OECD

13:00-14:00, 6 February 2019
LT2, Cambridge Judge Business School

Mental Capabilities, Heterogeneous Trading Patterns and Performance in an Experimental Asset Market
Dr Frédéric-Guillaume Schneider, Cambridge Judge Business School

13:00-14:00, 13 February 2019
Lecture Theatre 4, Cambridge Judge Business School

Segmentation versus Agglomeration: Competition between Platforms with Competitive Sellers
Professor Martin Peitz, University of Mannheim

12:30-14:00, 20 February 2019
Room W2.01, Cambridge Judge Business School

Market Entry, Fighting Brands and Tacit Collusion: the Case of the French Mobile Telecom Market
Professor Frank Verboven, KU Leuven

13:00-14:00, 27 February 2019
LT4, Cambridge Judge Business School

Regulatory Intervention in Consumer Search Markets: The Case of Credit Cards
Professor Alessandro Gavazza, London School of Economics

12:30-14:00, 6 March 2019
Room 107 (Keynes House), Cambridge Judge Business School

Pass-Through and Firm Behaviour in Generalised Economic Models with an Application to the Trade Cost Puzzle of International Trade
Professor Michal Fabinger, University of Tokyo

12:30-14:00, 12 March 2019
Castle Teaching Room, Cambridge Judge Business School

Michaelmas Term 2018

Electric Power Distribution in the World: Today & Tomorrow
Dr Sinan Kufeoglu, Cambridge Judge Business School

12:30-14:00, 9 October 2018
Room W2.02, Cambridge Judge Business School

This seminar is organised in association with the Energy Policy Research Group at the Cambridge Judge Business School.

Fiscal Space: What Have We Learnt Since the Crises?
Professor Jagjit Chadha, National Institute of Economic and Social Research

18:00-19:30, 10 October 2018
Ramsden Room, St Catharine’s College, University of Cambridge

This seminar is organised in association with the Cambridge Political Economy Society and held at St Catharine’s College.

Experience Markets: An Application to Outsourcing and Hiring
Dr Catherine Thomas, London School of Economics

12:30-14:00, 17 October 2018
Room W4.05, Cambridge Judge Business School

The Technical, Environmental & Economic Implications for Power Systems of Phasing out Coal & Nuclear
Professor Pedro Linares, Comillas Pontifical University

12:30-14:00, 23 October 2018
Keynes Room, Faculty of Economics

This seminar is organised in association with the Energy Policy Research Group at the Cambridge Judge Business School.

Competition and Pass-through: Evidence From the Greek Islands
Dr Christos Genakos, Cambridge Judge Business School

13:00-14:00, 24 October 2018
LT2, Cambridge Judge Business School

Multiproduct Intermediaries
Dr Andrew Rhodes, Toulouse School of Economics

12:30-14:00, 31 October 2018
LT2, Cambridge Judge Business School

The Solar Revolution: Who Made It Happen?
Professor Felix Muesgens, Brandenburg University of Technology

12:30-14:00, 6 Nov 2018
Keynes Room, Faculty of Economics

This seminar is organised in association with the Energy Policy Research Group at the Cambridge Judge Business School.

Cheap Trade Credit & Competition in Downstream Markets
Dr Emanuele Tarantino, University of Mannheim

12:30-14:00, 7 Nov 2018
Fadi Boustany Lecture Theatre, Cambridge Judge Business School

Competitive Cross-Subsidisation
Dr Patrick Rey, Toulouse School of Economics

13:00-14:30, 14 November 2018
Room KH107, Cambridge Judge Business School

Welfare Effects of R&D Support Policies
Dr Otto Toivanen, Aalto University Business School

13:00-14:00, 21 November 2018
Fadi Boustany Lecture Theatre, Cambridge Judge Business School

Lent Term

Pro-Market Regulatory Reform: An Applied Method and Impact Analysis
Dr Sean Ennis, OECD Competition Division

17:00-18:30, 30 January 2018
Room W2.02, Cambridge Judge Business School

Face-to-Face Communication in Organisations
Dr Jordi Blanes i Vidal, London School of Economics

17:00-18:00, 6 February 2018
Room W2.02, Cambridge Judge Business School

Competition in London Local Bus Tendering
Professor Michael Waterson, University of Warwick

17:00-18:00, 20 February 2018
Room W2.01, Cambridge Judge Business School

Heterogeneous Effects of Performance Pay with Market Competition: Evidence from a Randomised Field Experiment
Professor Tobias Kretschmer, LMU Munich

17:00-18:00, 27 February 2018 
Fadi Boustany Lecture Theatre, Cambridge Judge Business School

Assessing the Impact of Mobile Consolidation on Innovation and Quality
Serafino Abate, GSMA

17:30-18:30, 13 February 2018
Room KH107, Cambridge Judge Business School

The Law of Large Populations: The Return of The Long-Ignored N and How It Can Affect Our 2020 Vision
Professor Xiao-Li Meng, Harvard University

17:00-18:00, 12 March 2018
Lecture Theatre 4, Cambridge Judge Business School

Competition in a Differentiated Product Market with Individualised Pricing: The Case of the UK Brick Industry
Professor Howard Smith, Oxford University

17:00-18:00, 13 March 2018
Room W2.02, Cambridge Judge Business School

Michaelmas Term 2017

Internet & Politics: Evidence from UK Local Elections & Local Government Policies
Tommaso Valletti, Chief Competition Economist at the Directorate General for Competition, European Commission, and Professor of Economics at Imperial College Business School

17:45-18:45, 17 October 2017
Lecture Theatre 1, Cambridge Judge Business School

The Dynamics of Technology Adoption & Vertical Restraints: An Empirical Analysis
Professor Michelle Sovinsky, University of Mannheim

17:30-18:30, 24 October 2017
Lecture Theatre 2, Cambridge Judge Business School

Carbon Pricing & Firm Profits: Theory & Estimates for US Airlines
Dr Robert Ritz, University of Cambridge

17:30-18:30, 31 October 2017
Lecture Theatre 2, Cambridge Judge Business School

Heterogenous Time Preferences & Hyperbolic Discounting: Evidence from the UK Mortgage Market
Dr Pasquale Schiraldi, London School of Economics

17:30-19:00, 7 November 2017
Lecture Theatre 2, Cambridge Judge Business School

Incentives & Rank Concerns in Managerial Tournaments
Dr Julia Shvets, University of Cambridge

18:00-19:30, 14 November 2017
Lecture Theatre 3, Cambridge Judge Business School

Do Tax Incentives for Research Increase Firm Innovation? An RD Design for R&D
Dr Ralf Martin, Imperial College Business School

17:30-19:00, 21 November 2017
Lecture Theatre 2, Cambridge Judge Business School

Easter Term 2017

The Decline of Science in Corporate R&D
Dr Andrea Patacconi, Norwich Business School

15:00-16:00, 17 May 2017
Room W2.02, Cambridge Judge Business School

Contact us

Get in touch with the subject group via our Administrator, Emily Brown:

[email protected]

Seminars

Seminars are added as they are arranged.

View all upcoming Cambridge Judge research seminars

Members of the group also organise a range of other seminars, including:

The Energy Policy Research Group Seminar Series

The St Catharine’s Political Economy Seminars