Incentive effects of rate-of-return regu
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Yoram C. Peles; Greg Whittred
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Article
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1996
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Springer US
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English
β 864 KB
A comparison of Hong Kong and United States rate-of-return regulation indicates differences in the definition of the rate base and in the proportion of it permitted a fair rate of return. These differences imply that Hong Kong electric utilities utilize proportionately more fixed (less current) asse