This thesis addresses the problems associated with security of the electricity supply in the UK. The British electricity supply industry has experienced a significant structural change. Competition has been brought into the electricity industry and a single wholesale electricity market of Great...

Recent moves in the European Union have beenmade towards a toughening of legislation onbathing water quality. This has focussedpolicy-makers thoughts on the welfare benefitsresulting from such improvements, especiallygiven their cost. Our paper uses a combinedstated and revealed preference...