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Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries - Topics in Regulatory Economics and Policy A. Lawrence Kolbe 1993 edition
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Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries - Topics in Regulatory Economics and Policy
A. Lawrence Kolbe
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.
345 pages, biography
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