Our Offices | Oxera Community log-in About Expertise Latest Thinking People Working With Us Contact Agenda Oxera’s monthly online publication brings you leading-edge economic thinking as it applies to business, law and regulation. Filter by: All years 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 All months January Febuary March April May June July August September October November December All topics Telecoms, Media & Post Competition Economics Corporate Finance Energy Financial Services Litigation & Arbitration support Modelling Health & Pharmaceuticals IP & Hi-tech Performance Assessment Regulation Transport Water State Aid Airports, regulators and governments: making big projects happen 24 August 2015 How can we ensure that large infrastructure projects go ahead in a world where private investors, governments, regulators, users and local residents may all have different priorities? Drawing on more than 30 years’ experience in the airports sector, Mike Toms, Oxera Non-executive Director, formerly Planning Director of BAA plc, and now a director of Birmingham International Airport Ltd, proposes a checklist for governments to consider when approving such projects Download PDF | Read Online En route to French transport liberalisation: the coach market 24 August 2015 Passenger transport markets in Europe have been, and continue to be, liberalised across jurisdictions and sectors. Since July 2015, passenger coach operators in France have been allowed to operate without regulation on longer routes (over 100km). For shorter routes, ARAFER, the French regulator for rail and roads, will test whether the coach service is likely to threaten the viability of the public rail service offered by SNCF on the same route. What changes could this reform bring, and how might the economic test be applied? Download PDF | Read Online Can effective communication empower consumers? 24 August 2015 The UK Financial Conduct Authority’s (FCA) smarter consumer communications initiative places product disclosure at the centre of the Authority’s efforts to ensure consumer protection and facilitate competition. The FCA recognises that poorly designed regulatory disclosure material that does not present information in a clear and accessible way can hinder consumers’ ability to make informed decisions. But what is good disclosure practice, and how can behavioural insights be used to improve disclosure? Download PDF | Read Online New powers for telecoms and media regulators? Part 1: the rise of oligopolists 24 August 2015 Continued M&A activity in the fixed and mobile telecoms sector is creating more concentrated oligopolistic market structures that may pose problems for regulators trying to impose remedies on the basis of joint dominance findings. In addition, vertical integration between network operators and content providers, and the growth of communications bundles including premium TV content, are creating new challenges for regulators and antitrust enforcers. Is the European telecoms regulatory framework fit to deal with these challenges? Download PDF | Read Online Index-linked bonds 2.0: introducing CPI-linked securities 20 July 2015 The first ever CPI-linked bond in June 2015 heralds a milestone in UK capital markets. It follows calls for the Office for National Statistics (ONS) to make the consumer price index (CPI) the UK’s headline measure of inflation, and for regulators to cease using the retail price index (RPI) in setting charges for utilities. What does this imply for the future of index-linked gilts, and how might it affect RPI - X regulation? Download PDF | Read Online Behavioural economics and financial market regulation: practical policy, rigorous methods 20 July 2015 Behavioural economics helps us to understand how consumers make choices and why they make choices that are not in their best interests. This allows firms and regulators to diagnose behavioural problems in markets and to design and test solutions. Stefan Hunt and Darragh Kelly, of the Behavioural Economics and Data Science Unit at the UK Financial Conduct Authority (FCA), discuss how the FCA is using innovative methods to build real evidence on consumer behaviour into policymaking and make financial regulation more effective Download PDF | Read Online Turning down the volume: estimating cost of capital in the presence of noise 20 July 2015 Equity beta is a key input in cost of capital determination. As estimates of beta can be significantly influenced by ‘noise’ in the data, sophisticated ways of dealing with this are valuable in areas such as regulation and litigation. This article outlines an effective beta estimation technique for such data, and also looks at more generalised techniques, such as the Kalman filter, that can be applied in such situations Download PDF | Read Online Unscripted drama: vertical issues raised in European pay-TV mergers 20 July 2015 A number of European mergers in the telecoms sector, including Liberty Global/Corelio/W&W/De Vijver Media and Liberty Global/Discovery/All3Media, have led to the convergence of traditional pay-TV and Internet service providers with TV channel providers and content producers. What vertical competition issues have these transactions raised with respect to the creation and distribution of content by production houses and channel providers? Download PDF | Read Online The General Election 2015: what next for UK infrastructure? 17 June 2015 On 8 May 2015, the UK woke up to a Conservative majority government—an outcome that flew in the face of opinion polls taken in the weeks and months before the General Election. Now that the dust has started to settle, what are the potential implications of this result for the UK energy, water, transport and communications sectors? Download PDF | Read Online A beautiful mind: the Nash legacy 17 June 2015 John Nash, who died last month, changed the world of academia forever. His work in theoretical mathematics, bargaining theory and development of the Nash equilibrium has had a huge impact on a wide range of fields, including political science, international relations, philosophy and economics. Practitioners such as Oxera owe Nash a huge debt. Many of the theories about how firms interact, and how markets work, come directly from his work on game theory Download PDF | Read Online |< 1 2 3 4 5 6 7 8 9 > Displaying results 1-10 (of 519) Sign Up for Agenda To receive future issues of Agenda, click the button below and complete the short form. We will send you future issues by email. Sign up Search Agenda Latest Agenda Airports, regulators and governments: making big projects happen En route to French transport liberalisation: the coach market Can effective communication empower consumers? New powers for telecoms and media regulators? Part 1: the rise of oligopolists Latest Reports On behalf of the DfT, Oxera examines the international competitiveness of the UK maritime sector Oxera advises The New Zealand Commerce Commission on cost of capital Oxera advises on access pricing options for the water sector Estimating the cost of capital for Italian electricity and gas networks About Values What We Do Latest Thinking People Oxera Economics Council Associates Expertise Sectors Skills Success Stories Latest Thinking News Agenda Publications & Reports Courses & Events Success Stories Oxera Economics Council People People Associates Oxera Economics Council Working With Us How to apply Frequently asked questions Contact Location People F t l Terms & Conditions Privacy Oxera Consulting LLP is a limited liability partnership registered in England No. OC392464, registered office: Park Central, 40/41 Park End Street, Oxford, OX1 1JD, UK.