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Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries

af A. Lawrence Kolbe, William B. Tye, Stewart C. Myers

indgår i Topics in Regulatory Economics and Policy serien

Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries af A. Lawrence Kolbe
Bag om Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries

However, this book develops a new theory of asymmetric regulatory risk that shows that infallible estimates of the cost of capital are sure to provide downward-biased estimates of the necessary allowed rates of return in the presence of such regulatory risks.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9780792393306
  • Indbinding:
  • Hardback
  • Sideantal:
  • 345
  • Udgivet:
  • 14. april 1993
  • Udgave:
  • 1993
  • Størrelse:
  • 234x156x20 mm.
  • Vægt:
  • 1520 g.
  • 8-11 hverdage.
  • 21. november 2024

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However, this book develops a new theory of asymmetric regulatory risk that shows that infallible estimates of the cost of capital are sure to provide downward-biased estimates of the necessary allowed rates of return in the presence of such regulatory risks.

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