Steven D. Levitt, the author of „Freakonomics“, would be an excellent regulatory strategist, because he establishes very unconventional interrelations. According to him, tougher policing was not truly the cause of the so-called crime crash, a sudden fall of the crime rates in New York in the early 90s. Levitt argues that demographic factors lead to the crime crash. The birth rates in the relevant years had decreased. Consequently, there were fewer potential criminals and thus fewer crimes committed.
In the field of Regulatory Economics, PIVOT explores how regulation works and whether certain rules really affect the behavior of consumers (demand) and businesses (supply) in the way they are supposed to or whether political measures could even have counterproductive effects.
Our task in the field of Regulatory Economics is to precisely understand the business models of our clients, the way the markets work and the actions of competitors regarding the current regulatory framework. We are experienced in close collaboration with the experts in the business planning units in companies or at economic institutes and academic departments.
If you are interested in a career as Consultant Regulatory Advocacy, you should of course have an affinity for numbers and quantitative problems. You should be experienced in dealing with economic models and have a creative take on the broader context. However, having read “Freakonomics” as enthusiastically as we have is a minimum requirement …