This paper uses a modification of the continuous time asset pricing model of Cox, Ingersoll, and Ross to analyze the effect of regulatory risk on the cost of capital. Analysis shows that random errors in setting the allowed rate of return can either increase or decrease the cost of capital depending
THE INFORMATIONAL REQUIREMENTS FOR EFFECTIVE REGULATORY REVIEW: AN ANALYSIS OF THE EPA LEAD STANDARD
β Scribed by W. Kip Viscusi
- Book ID
- 114762284
- Publisher
- John Wiley and Sons
- Year
- 1982
- Tongue
- English
- Weight
- 332 KB
- Volume
- 1
- Category
- Article
- ISSN
- 1541-132X
No coin nor oath required. For personal study only.
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