Kolbe A.Lawrence, Tye W.B., Myers Stewart C.:
Regulatory Risk
Economic Principles And Applications To Natural Gas Pipelines And Other Industries
Kluwer Academic Publishers Group (Netherlands), 1993
Hardback, 364 pages
Size: 234x156 mm
ISBN: 9780792393306
ISBN-10: 0792393309
Regulatory Risk
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.

