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Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries by William B. Tye, A. Lawrence Kolbe, Stewart C. Myers (Hardcover, 1993)

About this product

About this product

Product Information

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.

Product Identifiers

Publisher
Springer
ISBN-13
9780792393306
eBay Product ID (ePID)
95275237

Product Key Features

Author
William B. Tye, A. Lawrence Kolbe, Stewart C. Myers
Publication Name
Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries
Format
Hardcover
Language
English
Subject
Economics, Finance, Management
Publication Year
1993
Type
Textbook
Number of Pages
345 Pages

Dimensions

Item Height
235mm
Item Width
155mm
Volume
14
Item Weight
1520g

Additional Product Features

Title_Author
Stewart C. Myers, William B. Tye, A. Lawrence Kolbe
Series Title
Topics in Regulatory Economics and Policy
Country/Region of Manufacture
Netherlands

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