๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Rate of return regulation and vertical integration under uncertainty

โœ Scribed by Richard P. Rozek


Publisher
Elsevier Science
Year
1983
Weight
848 KB
Volume
4
Category
Article
ISSN
0270-0255

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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