Detailansicht
Regulatory Risk:
Economic Principles and Applications to Natural Gas Pipelines and Other Industries - Volume 14, Topics in Regulatory Economics and Policy 14
ISBN/EAN: 9780792393306
Umbreit-Nr.: 1564539
Sprache:
Englisch
Umfang: xv, 345 S.
Format in cm:
Einband:
gebundenes Buch
Erschienen am 30.04.1993
- Zusatztext
- Inhaltsangabe1. Introduction. 2. The Theory of Regulatory Risk. 3. Regulatory Risk: Objections to the Theory. 4. Sources of Asymmetric Risk in Regulated Industries. 5. Risk of the Interstate Natural Gas Pipeline Industry: Summary. 6. Recent Trends in the Interstate Gas Pipeline Industy. 7. Two Views of Pipeline Risk. 8. Risk Analysis for Natural Gas Pipelines. 9. Two Fundamental Questions. Appendix A: Risks that Affect the Cost of Capital. Appendix B: Summary of Recent History of the Interstate Natural Gas Pipeline Industry. Bibliography. Index.
- Kurztext
- 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.