Based at the University of East Anglia, the Centre for Competition Policy incorporates economic, legal, management, political science and sociological perspectives to produce inter-disciplinary research into competition policy and regulation that has real-world policy relevance, without compromising academic rigour.
Members include academic staff, researchers and PhD students drawn from the School of Economics, UEA Law School, Norwich Business School and the School of Politics, Philosophy, Language and Communication Studies. All have a wide range of knowledge and interest within the field of competition policy and regulation, and maintain the centre’s founding belief that a properly regulated, competitive market can provide consumers with the products they want at the best possible prices. Read more
CCP SEMINAR SERIES RESUMES | 28 September
The CCP Autumn seminar series will begin on Friday 28 September with CCP alumni John Ashton (Bangor Univeristy) presenting on 'Has the Financial Regulatory Environment Improved in the UK? Capture-Recapture Approach to Estimate Detection and Deterrence’
ABSTRACT: Have regulators improved their capacity to detect or deter financial misconduct since the global financial crisis? This study addresses this question through an analysis that differentiates between detection and deterrence of financial misconduct over the period 2002-2016. To make this determination a Capture-Recapture, trap response model within a difference-in-differences framework is used to examine regulatory notices and supplementary information issued by UK financial regulators with corresponding Australian data employed as an unbiased control. Examining pre- and post-financial crisis periods, we offer evidence, whilst there was no statistically significant change in detection rates for breaches of financial regulation, there was a significant increase in the rate of deterrence occurred after 2010. We interpret this result as an increase in the efficacy of regulation of financial misconduct in recent years
The seminar will take place between 1pm-2pm in Thomas Paine Study Centre, room 0.1.
Tea will be served directly after the seminar in the MBA Cafe area on Floor 2.
For the full seminar series programme please visit our website: http://competitionpolicy.ac.uk/events/ccp-seminar-series