Natural monopolies are not subject to the market-based principle of competition. It is necessary to control companies in such positions with regard to pricing. Based on the principal-agent problem, this book explains the topic of price regulation and risk.
"synopsis" may belong to another edition of this title.
Natural monopolies are not subject to the market-based principle of competition. Consequently, it is necessary to control companies in such monopoly positions with regard to their pricing. In the future, it will become more and more important to consider a possible change in the regulation regime when the future-oriented costs of equity - both in terms of price regulation and for conducting capital market-oriented business valuations - are to be determined. Based on the principal-agent problem, the book explains this topic. The effect of a change in the regulation regime is presented in the form of two studies: an international secondary analysis of the effects on cost of equity based on event studies of the Anglo-Saxon area and a primary analysis based on the Austrian regulation policy for electricity and gas supply systems. The two studies arrive at similar results: The change from a rate-of-return regulation to incentive regulation systems leads to a significant increase in systematic risk.
"About this title" may belong to another edition of this title.
Shipping:
US$ 17.86
From Germany to U.S.A.
Shipping:
FREE
Within U.S.A.
Seller: Antiquariat Bookfarm, Löbnitz, Germany
Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. Ex-library with stamp and library-signature. GOOD conditon, some traces of use. NcIII 595 9783642120466 Sprache: Englisch Gewicht in Gramm: 550. Seller Inventory # 2089247
Quantity: 1 available
Seller: booksXpress, Bayonne, NJ, U.S.A.
Soft Cover. Condition: new. Seller Inventory # 9783642120466
Quantity: 10 available
Seller: GreatBookPrices, Columbia, MD, U.S.A.
Condition: New. Seller Inventory # 8971657-n
Quantity: 5 available
Seller: Lucky's Textbooks, Dallas, TX, U.S.A.
Condition: New. Seller Inventory # ABLIING23Mar3113020218824
Quantity: Over 20 available
Seller: Buchpark, Trebbin, Germany
Condition: Sehr gut. Zustand: Sehr gut - Neubindung, Buchrücken leicht geknickt | Seiten: 180 | Sprache: Englisch | Produktart: Bücher. Seller Inventory # 6859656/12
Quantity: 1 available
Seller: GreatBookPrices, Columbia, MD, U.S.A.
Condition: As New. Unread book in perfect condition. Seller Inventory # 8971657
Quantity: 5 available
Seller: California Books, Miami, FL, U.S.A.
Condition: New. Seller Inventory # I-9783642120466
Quantity: Over 20 available
Seller: Books Puddle, New York, NY, U.S.A.
Condition: New. pp. 152. Seller Inventory # 263073743
Quantity: 4 available
Seller: Ria Christie Collections, Uxbridge, United Kingdom
Condition: New. PRINT ON DEMAND Book; New; Fast Shipping from the UK. No. book. Seller Inventory # ria9783642120466_lsuk
Quantity: Over 20 available
Seller: Majestic Books, Hounslow, United Kingdom
Condition: New. Print on Demand pp. 152 Illus. Seller Inventory # 5855504
Quantity: 4 available