We develop a simple model of banking regulation with two policy instruments: minimum capital requirements and … regulation. Therefore, countries are better off by harmonising regulation on an international standard. -- bank regulation …

prefer regulatory risk and these preferences may contradict both the firm's and consumers'. -- optimal incentive regulation …The paper provides a tractable, analytical framework to study regulatory risk. Regulatory risk is captured by … funds. Results are as follows: 1) The regulator's reaction to regulatory risk depends on the curvature of aggregate demand …

supervision and regulation. When a MNB expands internationally with subsidiaries, the MNB operates under the legislation of … left to the national regulators. An important issue is whether the decentralized approach to regulation of MNBs creates … inefficiencies and financial instability. We show that lack of international coordination of regulation towards MNB …

profitability of investment. Regulatory risk breaching of the regulatory contract may or may not affect negatively investment …

We consider the regulation of a monopoly facing consumers that may evade payments, an important issue in public …

nondiscrimination regulation that forces the ISP to provide an equal quality upgrade to both CPs, however, can reduce the ISP …

, we contrast producer liability and minimum quality standard regulation as alternative means of social control of product …-related torts when consumers are heterogeneously overconfident about the risk of harm. We elucidate the role of factors shaping the … relative desirability of strict liability vis-à-vis minimum quality standard regulation from a social welfare standpoint. We …