The Tao Te Ching is an ancient classic of Chinese Daoism whose authorship is conventionally attributed to a certain Lao Tzu. It contains advice on how to be a Sage, a person with sagacity. Significant sections are clearly directed at leaders in governance.
Investing in utility networks with less reliance on markets and more uncertainty: How do we deliver security and efficiency
Delivered as part of ‘Investing in utility networks with less reliance on markets and more uncertainty: how do we deliver security and efficiency?’, Hertford Seminar in Regulation 2019
Delivered as part of ‘Too busy to think’, Annual Westminster Conference 2017
Delivered as part of ‘The evolution of UK regulatory policy in retrospect: What has worked well? What hasn’t? What can be learned from experience?’, Annual Competition and Regulation Conference 2016
Beesley Lecture series XIX
The introduction of next-generation access networks (NGANs) in communications changes the market and technological context in which public policy operates. It does so in a way that, in terminology used in the economic analysis of innovation, can be said to be ‘drastic’ in nature. This poses a number of new challenges for the development of regulatory policy, some of which are identified and explored in this paper.
When new problems arise, one of the first analytical tasks for regulators is to discover perspectives that might be of assistance in thinking through the issues that emerge. These alternative ‘frames’, which will also be explored below, are not solutions to the policy problems, but rather are ways of approaching the issues to assist the development of policy positions.