Missing data is a problem appearing ubiquitously across many fields and needs to be dealt with systematically. For multivariate time series data imputation can be a challenging problem. We consider the particular case of credit default swap time series, where missing data can pose a considerable...

This paper describes and critically comments on this transformation of the theoretical underpinnings of practical regulation in the U.S. and assesses its relevance for other nations and regions. The next section provides a brief historical review as to how investment and innovation issues were...

5G wireless services will constitute an integral part of the future gigabit communication network infrastructure. Policy makers worldwide are striving to design legal and regulatory frameworks that best support 5G services. There is wide agreement that a competitive sector organization is...

The Federal Communication Commission’s Order on Protecting and Promoting the Open Internet (GN Docket No. 14-28), adopted on February 26, 2015, mentions innovation more than 100 times. The Order is based on the premise that Internet openness is a precondition for a virtuous cycle in which edge...

In many cases, an economic perspective on cybersecurity – and malware in particular – provides us with more powerful analysis and a fruitful starting point for new governmental policies: incentive structures and market externalities. This report sets out to develop this perspective, building...

In many countries, infrastructure liberalization progressed faster than the privatization of former state monopolies. Regulatory agencies, established to oversee the transition and safeguard the preconditions for competition, therefore monitor state-owned firms in addition to privately owned...