87761 - Economics of Regulation

Academic Year 2026/2027

  • Teaching Mode: In-person learning (entirely or partially)
  • Campus: Bologna
  • Corso: Second cycle degree programme (LM) in Financial Markets and Institutions (cod. 6691)

    Also valid for Second cycle degree programme (LM) in Law and Economics (cod. 6762)

Course contents

Economic and legal analysis of regulation
Market failures in trust (fiduciary) services

Private remedies: contract and liability rules

Public remedies: various approaches to regulation

Comparative analysis of regulatory approaches

Deregulation and pro-market reforms

Readings/Bibliography

The reading list and the slides are available on Virtuale.

Teaching methods

Classes and discussions.

Assessment methods

Students have to take a written test to assess their ability to critically evaluate some of the themes discussed during the course. In the written test, students are given outlines to develop short essays. Students can choose the approach that is more coherent with their own background. However, they are expected to address the proposed themes with a good level of rigour and appropriateness and to take into consideration the interdisciplinary nature ot the issues at stake. The test is closed books: no use of digital tools or artificial intelligence is permitted. Evaluations for the final grade: Sufficient preparation only on a few questions, limited ability to perform a critical analysis of the literature, fairly appropriate technical language → 18-19; Fairly good preparation on most questions, good ability to perform a critical analysis of the literature, appropriate technical language → 20-24; Good preparation on all questions, very good ability to perform a critical analysis of the literature, good mastery of technical language → 25-29; Exhaustive preparation on all questions, very good ability to perform a critical analysis of the literature and to develop connections between references, full mastery of the technical language → 30-30L.

Students with learning disorders and/or temporary or permanent disabilities: please, contact the office responsible as soon as possible so that they can propose acceptable adjustments. The request for adaptation must be submitted in advance (15 days before the exam date) to the teacher, who will assess the appropriateness of the adjustments, taking into account the teaching objectives.

Teaching tools

Video projector.

Office hours

See the website of Gianluca Fiorentini