{"product_id":"9781461364214","title":"Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries","description":"\u003ch1\u003eRegulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries\u003c\/h1\u003e \u003ch2\u003eKolbe, A. Lawrence; Tye, William B.; Myers, Stewart C.\u003c\/h2\u003e \u003cp\u003eIt is common to assert that utility investors are compensated  in the allowed rate of return for the risk of large disallowances,  such as arise for investments found imprudent or not `used and  useful'. However, this book develops a new theory of asymmetric  regulatory risk that shows that infallible estimates of the cost of  capital are sure to provide downward-biased estimates of the necessary  allowed rates of return in the presence of such regulatory risks. The  book uses the new theory of regulatory risk to understand recent  developments in the risk of natural gas pipelines and other regulated  industries. \u003cbr\u003e\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2012-09-30\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9781461364214\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-1-4615-3234-7\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 345\u003c\/p\u003e ","brand":"Springer","offers":[{"title":"Default Title","offer_id":44398577254540,"sku":"9781461364214","price":153.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9781461364214.jpg?v=1755437995","url":"https:\/\/lateknightbooks.com\/products\/9781461364214","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}