Financial regulation is a much debated topic for some time. The history of financial instruments started at a time when …. Financial derivatives are a sub species of financial instruments No internationally accepted principles for regulation of … judiciary regarding the regulation of financial instruments in general and financial derivatives in particular. The US, UK and …

structure with one firm choosing higher investments. While access regulation imposed on the dominant firm leads to lower prices … network effects leading to potentially increased demand, regulation can substantially lower aggregate social welfare …

regulation protected marketplace, and permitted industry cartel, to open aggressive competition). In this article the orthodoxy …

This article seeks to illustrate some of the balances which need to be reached in gambling regulation in the context of … nationally-oriented approaches, offering both possible solutions and problems for the regulation of gambling in the European … the internal market. Such balances are to be found at both the national and European levels. Although the regulation of …

We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … household level. While both the incidence and amount of gambling vary according to household income, the positive association …

who choose to gamble are likely to be larger than for the general population. Using UK data on gambling wins, other … those likely to be credit-onstrained. This is consistent with credit-constrained, risk-averse agents gambling to convexify …