Imrecon

Most markets are a kind of dance between consumers and suppliers.  Consumers choose the winners, and suppliers work hard to become those winners.

In sectors such as energy, water or rail networks, airports, air traffic control and even post it is different.  Consumers don't have this kind of choice and they cannot participate fully in this dance - governments often choose the winners instead. Unconstrained, a supplier could charge a lot and deliver little. 

Regulators try to remedy this problem.  They either create choice or they establish principles for price setting.

The objective is to encourage the supplier to make strategy and decisions similar to those it would make if it were competing in a true market. 

But it's not that easy.

Simulating the dance with the consumer is not about throwing rewards and penalties at the company.  It requires subtlety and strategy.

Imrecon helps regulators, companies and consumer bodies achieve this subtlety.  By bringing new insights to our clients, we help them reach their objectives and deliver better outcomes.

Welcome to Imrecon

| Regulatory economics | Financial modelling | Forensic economics | Impact assessment | Price control reviews | Policy design |