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

Jezik EngleskiEngleski
Knjiga Tvrdi uvez
Knjiga Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries A. Lawrence Kolbe
Libristo kod: 05251301
Nakladnici Springer, travanj 1993
It is common to assert that utility investors are compensated in the allowed rate of return for the... Cijeli opis
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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.

Informacije o knjizi

Puni naziv Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries
Jezik Engleski
Uvez Knjiga - Tvrdi uvez
Datum izdanja 1993
Broj stranica 345
EAN 9780792393306
ISBN 0792393309
Libristo kod 05251301
Nakladnici Springer
Težina 1520
Dimenzije 155 x 235 x 22
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