Research Reports

a view of the whitehall court in england
Documents

Better Government Report: Political and regulatory risk: Summary

Consideration of political risk – uncertainty arising from actions or the structure of policy or regulatory processes – is topical at a time when considerable attention is being paid to risk assessment and management as an integral part of directors’ and financiers’ duties. The RPI assembled a group of politicians, former officials and Special Advisers, and corporate and City specialists to work with us in assessing the evidence.

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three assorted beverage bottles on brown wooden table
Documents

The effects of regulation in the UK beer market

From time to time UK governments and their agencies have been concerned about the level of competion in the beer market, and, in particular, whether competition is sufficiently effective to ensure that, given the government tax take, prices are kept low in relation to costs.

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Research Reports

Simplified procedures for network pricing

This paper sets out results from work in progress on the issue of tariff structures for access to, and use of, network facilities. Starting from a simple version of the notional path approach, it is argued that it is relatively straightforward to extend the method so as to incorporate genuine network features into the resulting tariff structures. The resulting approach is called least-cost notional flow analysis. The generalisation leads naturally to a tariff structure based on entry and exit charges. It also offers a framework in which conflicting objectives – such as cost reflectivitiy, cost recovery, spatial averaging of prices, ease of monitoring, etc. — can be traded-off in a relatively transparent way.

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