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 ...
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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.
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Add this copy of Regulatory Risk: Economic Principles and Applications to cart. $34.00, like new condition, Sold by Moe's Books rated 5.0 out of 5 stars, ships from Berkeley, CA, UNITED STATES, published 1993 by Springer.
Add this copy of Regulatory Risk: Economic Principles and Applications to cart. $56.25, very good condition, Sold by Second Story Books rated 4.0 out of 5 stars, ships from Rockville, MD, UNITED STATES, published 1993 by Kluwer Academic Publishers.
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Book. Octavo, 345 Pages. In Very Good condition. Brown spine with gilt lettering. Full binding in brown leather. Boards show mild shelf wear. Text block has the ownership inscription of " Rj Reynolds" on pastedown along with a dedication to the previous owner on title page. Shelved in Netdesk Column F, ND-F. 1386071. FP New Rockville Stock.
Add this copy of Regulatory Risk: Economic Principles and Applications to cart. $74.43, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1993 by Springer.
Add this copy of Regulatory Risk: Economic Principles and Applications to cart. $159.69, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 2012 by Springer.
Add this copy of Regulatory Risk: Economic Principles and Applications to cart. $159.69, new condition, Sold by Ingram Customer Returns Center rated 5.0 out of 5 stars, ships from NV, USA, published 1993 by Springer.
Add this copy of Regulatory Risk: Economic Principles and Applications to cart. $179.80, new condition, Sold by Ria Christie Books rated 5.0 out of 5 stars, ships from Uxbridge, MIDDLESEX, UNITED KINGDOM, published 1993 by Springer.
Add this copy of Regulatory Risk to cart. $200.56, new condition, Sold by Media Smart rated 4.0 out of 5 stars, ships from Hawthorne, CA, UNITED STATES, published 2012 by Springer.
