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

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

 
9781461364214: Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries: Economic Principles and Applications to Natural ... in Regulatory Economics and Policy, Band 14)
Softcover
ISBN 10: 1461364213 ISBN 13: 9781461364214
Verlag: Springer, 2012

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
2012
Sprache
Englisch
ISBN 10 
1461364213
ISBN 13 
9781461364214
Einband
Taschenbuch
Anzahl der Seiten
364
Kontakt zum Hersteller
ProductSafety@springernature.com
ProductSafety@springernature.com

Poststr. 9
Darmstadt
64293
Deutschland

Weitere beliebte Ausgaben desselben Titels

9780792393306: Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries (Topics in Regulatory Economics and Policy, 14, Band 14)

Vorgestellte Ausgabe

ISBN 10:  0792393309 ISBN 13:  9780792393306
Verlag: Springer, 1993
Hardcover