These are the introduction and concluding remarks to an edited volume on Competition policy and regulation, recent developments in China, the US and Europe. The introduction to the volume sketches that the reason for writing a volume comparing China, the US and Europe is the recent enactment of...

Under the influence of climate-related extremes, the world is exposed to more and more catastrophe risks. Regulation by insurance may help realize the goal of mitigating catastrophe risk and the following losses. I explore five regulatory tools — risk-based pricing, contract design, loss...

We distinguish among three types of actions that can be taken to alleviate the consequences of natural disasters: precautionary efforts (made ex ante), relief efforts (made in the immediate aftermath of a disaster), and recovery efforts (made ex post). We argue that recognizing this distinction...