The Beesley Lectures
Oct - Nov 06-24 2016

The Beesley Lectures

In association with the Institute of Economic Affairs

Institute of Directors, London

Now in their 26th year, The Beesley Lectures have consistently featured outstanding addresses from high-profile thought leaders drawn from academia, government and industry. Continuing in this tradition, this year’s speakers will deliver expert insight into the most pressing issues in regulatory economics today.

For further information about each lecture, please scroll down to the programme.

     

6th October

Competition policy goes digital
Professor Hal Varian, Chief Economist, Google

More info >>

13th October

A market approach to climate change: how and why to regulate global carbon dioxide emissions
Michael Pollitt, Assistant Director, Electricity Policy Research Group, University of Cambridge 

More info >>

20th October

What will be the impact of the Retail Banking Market Investigation? 
Alasdair Smith, Chair, CMA Retail Banking Market Investigation 

More info >>

27th October

Behavioural economics: the lessons for regulators
Mike Walker, Chief Economic Advisor, Competition and Markets Authority

More info >>

3rd November

Regulating the energy market after the CMA Investigation
Dermot Nolan, Chief Executive Officer, Ofgem 

More info >>

10th November

What are the prospects for a competitive water market?
Nick Fincham, Strategy & Regulation Director, Thames Water  

More info >>

17th November

Transport projects: the economic policy behind decision-making - 2006-2016
Tom Worsley, Visiting Fellow in Transport Policy, University of Leeds

More info >>

24th November

Creating a competitive market in telecommunications
Kai-Uwe Kuhn, Professor of Economics, University of East Anglia

More info >>

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Programme

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Thursday, 6th October 2016

Click between the tabs to view different weekly lectures.

18:30
Networking over refreshments
19:00
Competition policy goes digital

The dramatic reduction in the cost of computation and communication has disrupted many traditional industries. Naturally, this has led to calls for new policies and new regulations to manage this disruption. This lecture will examine some of the challenges facing regulators along with some suggestions about how they can be addressed. 

Speaker: Professor Hal Varian

Respondent: Philip Marsden

Professor Hal Varian

Chief Economist

Google

Philip Marsden

Inquiry Chair, Competition and Markets Authority

Professor of Law and Economics, College of Europe, Bruges

20:45
Drinks and canapés

Thursday, 13th October 2016

Click between the tabs to view different weekly lectures.

18:30
Networking over refreshments
19:00
A market approach to climate change: how and why to regulate global carbon dioxide emissions

Following the recent Paris Climate Change conference there is once again an increased focus on carbon reduction. A global carbon market remains the only potential solution to the global climate policy problem that will drive down decarbonisation in the timeframe suggested by climate science. In this lecture we will explore what is meant by a global carbon market, why it is so important, how it might come about and what this means for UK and EU energy and climate policy. 

Speaker: Michael Pollitt

Respondent: Carlo Stagnaro

Michael Pollitt

Assistant Director, Electricity Policy Research Group

University of Cambridge

Carlo Stagnaro

Head of the Minister's Secretariat, Italian Ministry of Economic Development

Fellow, Istituto Bruno Leoni

20:45
Drinks and canapés

Thursday, 20th October 2016

Click between the tabs to view different weekly lectures.

18:30
Networking over refreshments
19:00
What will be the impact of the Retail Banking Market Investigation?

With the Competition and Market Authority’s Retail Banking Market Investigation due to conclude by August 2016, this is an ideal opportunity to assess the potential impact of the report. This lecture will outline the findings of the investigation, the intended effect of the remedies, and take a wider look at the future for the retail banking market in the light of these changes. 

Speaker: Alasdair Smith

Respondent: Mark Mullen

Alasdair Smith

Chair

CMA Retail Banking Market Investigation

Mark Mullen

Chief Executive Officer

Atom Bank

20:45
Drinks and canapés

Thursday, 27th October 2016

Click between the tabs to view different weekly lectures.

18:30
Networking over refreshments
19:00
Behavioural economics: the lessons for regulators

Behavioural economics has become a key part of policy-making in recent years, and a number of UK regulators have drawn on its insights in their regulatory decisions. There has particularly been a focus on customer signalling and the guidance of customer behaviour, especially in light of both the retail banking and energy market CMA investigations. This lecture will examine what lessons can be taken from these examples and what future guidance behavioural economics might offer for regulators. 

Speaker: Mike Walker

Respondent: Philip Booth

Mike Walker

Chief Economic Advisor

Competition and Markets Authority

Philip Booth

Academic and Programme Director

Institute of Economic Affairs

20:45
Drinks and canapés

Thursday, 3rd November 2016

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18:30
Networking over refreshments
19:00
Regulating the energy market after the CMA Investigation

The CMA’s final report in June represented a significant moment of change for how the energy market works, with a series of remedies to increase competition and customer engagement across the industry. This lecture will outline what the impact of the CMA’s remedies will be, and how the future regulatory landscape will look.   

Speaker: Dermot Nolan

Respondent: George Yarrow

Dermot Nolan

Chief Executive Officer, Ofgem

Chair, UK Regulators Network

George Yarrow

Chairman

Regulatory Policy Institute

20:45
Drinks and canapés

Thursday, 10th November 2016

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18:30
Networking over refreshments
19:00
What are the prospects for a competitive water market?

The water industry is entering an exciting period of change, with non-domestic competition arriving in 2017 and ongoing talk of domestic competition for 2020. Alongside this upstream competition remains a key focus for Ofwat over the next few years. This lecture will explore how these changes will affect the way the industry works, and what lessons can be learned from the introduction of liberalisation in other sectors.   

Speaker: Nick Fincham

Respondent: Eileen Marshall CBE

Nick Fincham

Strategy & Regulation Director

Thames Water

Eileen Marshall CBE

Advisory Panel

Ofwat

20:45
Drinks and canapés

Thursday, 17th November 2016

Click between the tabs to view different weekly lectures.

18:30
Networking over refreshments
19:00
The economic basis of major transport decisions

Despite the policy upheaval over the last decade for transport infrastructure, the overall framework for informing decision-makers about the merits of individual projects and programmes – the Treasury’s Green Book and the Department for Transport’s Transport Appraisal Guidance – has remained largely unchanged. This lecture will review these developments and the lessons that can be taken from the period between 2006 and 2016, evaluate the current system of decision-making, and suggest how policy might develop over the next decade.

Speaker: Tom Worsley

Respondent: Philip Graham

Tom Worsley

Visiting Fellow in Transport Policy

University of Leeds

Philip Graham

Chief Executive

National Infrastructure Commission

20:45
Drinks and canapés

Thursday, 24th November 2016

Click between the tabs to view different weekly lectures.

18:30
Networking over refreshments
19:00
Creating a competitive market in telecommunications

The telecoms market is in a period of transition both in the UK and across Europe, with the Ofcom Strategic Review and wider concerns around consolidation and convergence prompting a change in policy towards the industry. With the growing importance of digital in the modern world this is a critical issue for continued success in the 21st century. This lecture will explore how these pressures can be used to drive a shift towards a more competitive telecoms market, and how this will affect the way in which the industry works. 

Speaker: Kai-Uwe Kuhn

Respondent: Benjamin Wreschner

Kai-Uwe Kuhn

Professor of Economics

University of East Anglia

Benjamin Wreschner

Head of Regulatory Economics

Vodafone Group

20:45
Drinks and canapés

Download Brochure Print Programme

Full list of speakers

View all speakers »

What are the Beesleys?

Held in partnership with the Institute of Economic Affairs and City University, and sponsored by PwC, these lectures provide an exclusive and stimulating environment where those with an interest in regulatory economics engage in lively debate about the major trends driving industry forward.

This unique lecture series was the brainchild of Professor Michael Beesley, one of the most influential regulatory economists of his time, who organised the lectures until his death in 1999.

Evenings will begin at 6.30pm and delegates are encouraged to network over refreshments until 7pm, when the lecture will commence. A leading economist or industry figure will speak for one hour and a specialist will provide a 20-minute response before handing over to the audience for further discussion. Each lecture will end at 8.45pm followed by drinks and canapés to continue the discussion.



Venue Details

Institute of Directors, London
116 & 123 Pall Mall, London, SW1Y 5ED

Venue Website »

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Discount
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VAT
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TOTAL
£1250.00

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