Antonina Dolecka

Analyst

Antonina Dolecka is an Analyst at Europe Economics having joined in September 2024.

Antonina Dolecka is an Analyst at Europe Economics having joined in September 2024.

Antonina Dolecka engages in rigorous quantitative and qualitative research. Her work consists of market analysis, impact and cost-benefit assessment, and policy evaluation. She engages in extensive literature review, detailed industry research, and data analysis and modelling. Her responsibilities also include drafting proposal and project reports, as well as assisting with administrative responsibilities of the organisation.

Prior to joining Europe Economics, she graduated with distinction in MSc Economics from University College London. She also holds an MA in Economics from the University of Edinburgh. Her previous research experience focuses on regulatory and competition assessment in both public and private sectors.

Ofwat

Our personnel have been seconded multiple times to Ofwat, and we have carried out various discrete studies analysing the water sector from different perspectives. Some of these have involved cost assessment support for RAPID gate two assessment; advising on important aspects of Ofwat’s approach to the cost of equity for PR24 and; assisting with the investigation of the potential for improving Ofwats’s methodology to mergers’ assessment.

Critique of regulatory judgements

One form of legal case involves a challenge to regulatory decisions. We offer expert witness assistant assessing whether regulatory decisions are in line with established policy objectives or regulatory precedent and what the competition or other implications are of those decisions or alternatives.

Assessment of profitability or cost of capital

In regulated price controls, a key input is the determined cost of capital. This has often been a subject of appeals against regulatory judgements. Cost of capital analysis also feeds into assessments of profitability in assessing whether firms have been charging prices above the competitive level, and into the valuation of research pipelines in mergers.

Critique of econometric, quantitative methods or data used to support regulatory decisions

One form of a legal case is judicial revision of policy decisions. Such policy decisions are often supported by quantitative models. Those models can be critiqued in various ways – criticised or defended on the basis of their methodology or the data used.