The efficient market hypothesis (EMH), financial economics and behavioural finance enrich our understanding of securities regulation and assist in regulatory design. This article, however, agues that this literature is largely irrelevant to the long-standing core aims of securities regulation -...

In this paper we examine how personnel flows from incumbents to entrants affect entrant growth after a significant break in the rules governing competition in an industry. We argue that the time-varying network of personnel mobility between incumbents measures how technical knowledge and social...

Urban planning has played an increasing role in response to threats to health and safety, but this can create problematical conflicts with other planning priorities. The author examines how the UK planning system deals in practice with the safety implications of hazardous installations involving...