. This endogenous network reaction to the regulation creates the unanticipated effect of reducing financial stability through … derivatives, arguably to create a less complex and more transparent interbank network that is less prone to financial … instabilities. We construct a network model with endogenous exposures and show that the core and the periphery react asymmetrically …

risk to the economy. Moreover, bank regulators define their object of regulation for m-money not on whether the relevant …

Since the introduction of Next Generation Networks (NGNs) by telecommunication network operators, national regulators … have begun to adapt their access regulation regimes to the new technological conditions. The regulatory reactions gravitate … towards three distinct regulatory trajectories: unregulated competition, access regulation, and structural separation. We …

This paper assesses the integration strategy of the European Union in regulated network markets. The paper argues that …