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1 April 2014
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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...
Stephen Littlechild
20 March 2014
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Ofgem, the Office of Fair Trading (OFT) and the Competition and Markets Authority (CMA) will shortly issue an assessment of how well competition in the markets for gas and electricity is serving the...
Stephen Littlechild
29 October 2013
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Energy prices keep rising. Prime Ministers and energy ministers, past and present, all propose their own solutions, although there is little agreement on the cause of the problem. The latest proposal...
Stephen Littlechild
21 February 2013
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The Energy and Climate Change Select Committee poses the following question: Will the government’s proposals to ensure that consumers are on the cheapest tariff have any impact on fuel...
Stephen Littlechild
20 November 2012
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‘The philosopher's stone is a legendary alchemical substance said to be capable of turning base metals into gold.… Efforts to discover the philosopher's stone were known as the...