Price regulation and risk : the impact of regulation system shifts on risk components /

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Bibliographic Details
Author / Creator:Hierzenberger, Michael.
Imprint:Berlin ; New York : Springer-Verlag, 2010.
Description:1 online resource (x, 140 p.) : ill.
Language:English
Series:Lecture notes in economics and mathematical systems, 0075-8442 ; 641
Lecture notes in economics and mathematical systems ; 641.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/8894860
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ISBN:9783642120473
3642120474
Notes:Includes bibliographical references (p. 135-140).
Description based on print version record.
Summary: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 fo.
Other form:Print version: Hierzenberger, Michael. Price regulation and risk. Berlin ; New York : Springer-Verlag, 2010 9783642120466 3642120466