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Author: Stanford University. Energy Modeling Forum
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
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Book Description
Author: Stanford University. Energy Modeling Forum
Publisher:
ISBN:
Category :
Languages : en
Pages : 44
Get Book Here
Book Description
Author: Paul M. Hayashi
Publisher:
ISBN:
Category :
Languages : en
Pages : 28
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Book Description
Author:
Publisher:
ISBN:
Category : Price regulation
Languages : en
Pages : 700
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Book Description
Author: Mark W. Frank
Publisher: Routledge
ISBN: 1351887939
Category : Business & Economics
Languages : en
Pages : 146
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Book Description
This book contends that various forms of regulation have costs as well as benefits and it examines the impact of government regulation on the innovativeness of ’monopolies’ - in this book meaning firms with the power to affect market price. The government regulation analyzed in this case is limited to rate-of-return regulation. Using theoretical models such as the Averch-Johnson model and a two-stage Nash equilibrium model, this volume examines whether regulated monopolies engage in more or less technological innovation than unregulated monopolies. Furthermore, if the unregulated (or less regulated) monopolies do engage in more research and development than regulated ones, it questions whether social welfare would be greater with the former. Using a case study of ten privately-owned electric utilities in the State of Texas, USA, it then tests out the general propositions brought forward by the theoretical modelling and finally makes its conclusions taking into consideration both theoretical and empirical findings.
Author: Ralph Dale Samuelson
Publisher:
ISBN:
Category : Gas distribution
Languages : en
Pages : 328
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Book Description
An examination of how natural gas pipeline and distribution company efficiency may be affected by three policy instruments at the disposal of regulators.
Author: Richard A. Wall
Publisher:
ISBN:
Category :
Languages : en
Pages : 342
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Book Description
Author: Michael A. Crew
Publisher: Springer
ISBN: 1349072958
Category : Social Science
Languages : en
Pages : 306
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Book Description
Author: Andrew C. Barrett
Publisher:
ISBN:
Category : Telecommunication policy
Languages : en
Pages : 14
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Book Description
Author: Kevin M. Currier
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
The two forms of natural monopoly regulation that are typically discussed in Intermediate Microeconomics textbooks are marginal cost pricing and average cost pricing (rate of return regulation). However, within the last 20 years, price cap regulation has largely replaced rate of return regulation due to the formers' potential to generate more efficient pricing structures and strong incentives for cost reduction. Price cap regulation, however, has received little attention in Microeconomics textbooks. This paper provides a simple model of price cap regulation that demonstrates its superiority over conventional rate of return regulation. The present paper thus forms the basis for a lecture on contemporary natural monopoly regulation.
Author: Bente Villadsen
Publisher: Academic Press
ISBN: 0128125888
Category : Business & Economics
Languages : en
Pages : 362
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Book Description
Risk and Return for Regulated Industries provides a much-needed, comprehensive review of how cost of capital risk arises and can be measured, how the special risks regulated industries face affect fair return, and the challenges that regulated industries are likely to face in the future. Rather than following the trend of broad industry introductions or textbook style reviews of utility finance, it covers the topics of most interest to regulators, regulated companies, regulatory lawyers, and rate-of-return analysts in all countries. Accordingly, the book also includes case studies about various countries and discussions of the lessons international regulatory procedures can offer. Presents a unified treatment of the regulatory principles and practices used to assess the required return on capital Addresses current practices before exploring the ways methods play out in practice, including irregularities, shortcomings, and concerns for the future Focuses on developed economies instead of providing a comprehensive global reviews Foreword by Stewart C. Myers
