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Final Report: Energy security in scenarios for Europe's future electricity supply
(2012)SEFEP Working PaperWorking Paper -
Taxes and the Location of Targets
(2012)Oxford University Centre for Business Taxation Working Paper SeriesThis paper uses firm-level data to investigate the impact of taxes on the international location of targets in M&A. In principle, a higher tax rate in the target’s country could make an acquisition there more likely, less likely, or have no effect at all. We combine financial and ownership data for companies in ORBIS in 2005 with domestic and cross-border acquisitions in ZEPHYR between 2006 and 2008. We estimate a random parameters form ...Working Paper -
On the convergence to the Nash bargaining solution for endogenous bargaining protocols
(2012)METEOR Research MemorandaWe consider non-cooperative multilateral bargaining games with endogenous bargaining protocols. Under an endogenous protocol, the probability with which a player becomes the proposer in a round of bargaining depends on the identity of the player who previously rejected. An important example is the frequently studied rejector-becomes-proposer protocol. We focus on subgame perfect equilibria in stationary strategies which are shown to exist ...Working Paper -
Conceptualising energy security in the European context: A policy-perspective bottom-up approach to the cases of the EU, the UK and Sweden
(2012)SEFEP Working PaperWorking Paper -
Planning the evolution of the transport network for a region of Naples
(2012)CASA Working PaperThe continuing growth of urban regions coupled with their strong interactions with transportation systems places great emphasis on the co-evolution of these systems. In this paper an example of the use of a model of evolution within a network planning context is presented.Working Paper