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Swiss Economics assesses Beta risk of Parisian airports

The opinion will play a central role in the negotiations between Aéroports de Paris Group and the French government regarding the Economic Regulation Agreement over the 2021-25 period.

For the assessment of Beta risk, the regulator relied on evidence provided by Swiss Economics. Our contribution was twofold. First, we analysed what drives airports’ systematic risk and defined risk categories for airports under ART’s mandate. Second, we identified valid comparator airports and determined the level of their Beta risk, using regression analysis of stock returns. Our reports on drivers of Beta risk and comparator Betas can be downloaded directly from ART’s website:

Report on drivers of Beta risk
Report on comparator Betas

Contribution to the 1st Annual Conference on Competition and Regulation in Network Industries

Christian Jaag and Urs Trinkner presented their paper.

Christian Jaag and Urs Trinkner presented their paper «Regulation in Network Industries: Theory and Practice» at the 1st Annual Conference on Competition and Regulation in Network Industries.

Presentation on the Cost of Universal Service Provision in the Postal Sector

A presentation by Christian Jaag.

At the 1st European Postal Benchmarking Workshop on Regulatory and Legal Affairs in Brussels, Christian Jaag has given a presentation on «Calculating the Net Cost of the USO».
Contribution to the 1st Annual Conference on Competition and Regulation in Network Industries

Christian Jaag and Urs Trinkner presented their paper.

Christian Jaag and Urs Trinkner presented their paper «Regulation in Network Industries: Theory and Practice» at the 1st Annual Conference on Competition and Regulation in Network Industries.
Presentation on the Cost of Universal Service Provision in the Postal Sector

A presentation by Christian Jaag.

At the 1st European Postal Benchmarking Workshop on Regulatory and Legal Affairs in Brussels, Christian Jaag has given a presentation on «Calculating the Net Cost of the USO».