๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Railroad Rates, Profitability, and Welfare under Deregulation

โœ Scribed by Richard C. Levin


Book ID
125578029
Publisher
The RAND Corporation
Year
1981
Weight
563 KB
Volume
12
Category
Article
ISSN
0361-915X

No coin nor oath required. For personal study only.


๐Ÿ“œ SIMILAR VOLUMES


An expository note on depreciation and p
โœ Richard Schmalensee ๐Ÿ“‚ Article ๐Ÿ“… 1989 ๐Ÿ› Springer US ๐ŸŒ English โš– 322 KB

This note provides a simple, general proof that if a regulated firm is allowed to earn its actual (nominal) one-period cost of capital on the depreciated original cost of its investments, and if actual earnings equal allowed earnings, then the net present value of all investments is zero for any met