Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries (Topics in Regulatory Economics and Policy, 14, Band 14) - Hardcover

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

 
9780792393306: Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries (Topics in Regulatory Economics and Policy, 14, Band 14)
Hardcover
ISBN 10: 0792393309 ISBN 13: 9780792393306
Verlag: Springer, 1993

Inhaltsangabe

It is common to assert that utility investors are compensated in the allowed rate of return for the risk of large disallowances, such as arise for investments found imprudent or not `used and useful'. 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. The book uses the new theory of regulatory risk to understand recent developments in the risk of natural gas pipelines and other regulated industries.

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Verlag
Springer
Erscheinungsdatum
1993
Sprache
Englisch
ISBN 10 
0792393309
ISBN 13 
9780792393306
Einband
Gebundene Ausgabe
Anzahl der Seiten
360
Kontakt zum Hersteller
ProductSafety@springernature.com
ProductSafety@springernature.com

Poststr. 9
Darmstadt
64293
Deutschland

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Softcover