August 2021

LRIC, FAC, SAC… What do they mean? You could literally write a doctoral thesis about the different models used in economic regulation.  Academics in the field will likely shudder at the extent to which we boiled down the concepts in this piece, but that’s OK – the audience is not Read more…

As a practitioner in the field of regulatory economics, there is one (and only one) guarantee I will ever give when talking about modelling or forecasting – that I’m wrong.  Granted, I sincerely hope that I am only ever slightly wrong, but there is no magic crystal ball. If there Read more…