메뉴 건너뛰기




Volumn 17, Issue 4, 2008, Pages 315-337

Profit sharing and investment by regulated utilities: A welfare analysis

Author keywords

Investment; Profit sharing; Real options; Regulation; RPI x

Indexed keywords


EID: 55349118128     PISSN: 10583300     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.rfe.2007.09.004     Document Type: Article
Times cited : (10)

References (32)
  • 1
    • 0001412529 scopus 로고
    • A stochastic model of investment, marginal q and the market value of the firm
    • Abel A.B. A stochastic model of investment, marginal q and the market value of the firm. International Economic Review 24 (1985) 305-322
    • (1985) International Economic Review , vol.24 , pp. 305-322
    • Abel, A.B.1
  • 2
    • 0036395261 scopus 로고    scopus 로고
    • The impact of state incentive regulation on the U.S. Telecommunications Industry
    • Ai C., and Sappington D. The impact of state incentive regulation on the U.S. Telecommunications Industry. Journal of Regulatory Economics 22 (2002) 133-160
    • (2002) Journal of Regulatory Economics , vol.22 , pp. 133-160
    • Ai, C.1    Sappington, D.2
  • 3
    • 0001587164 scopus 로고
    • Regulating a firm with unknown cost
    • Baron D., and Myerson R. Regulating a firm with unknown cost. Econometrica 50 (1982) 911-930
    • (1982) Econometrica , vol.50 , pp. 911-930
    • Baron, D.1    Myerson, R.2
  • 4
    • 0001595831 scopus 로고
    • The regulation of privatized monopolies in the United Kingdom
    • Beesley M., and Littlechild S. The regulation of privatized monopolies in the United Kingdom. Rand Journal of Economics 20 (1989) 454-472
    • (1989) Rand Journal of Economics , vol.20 , pp. 454-472
    • Beesley, M.1    Littlechild, S.2
  • 5
    • 84995453303 scopus 로고
    • Irreversibility, uncertainty, and cyclical investment
    • Bernanke B.S. Irreversibility, uncertainty, and cyclical investment. Quarterly Journal of Economics 98 (1983) 85-103
    • (1983) Quarterly Journal of Economics , vol.98 , pp. 85-103
    • Bernanke, B.S.1
  • 6
    • 84934564099 scopus 로고
    • Irreversible investment with price ceilings
    • Dixit A. Irreversible investment with price ceilings. Journal of Political Economy 99 (1991) 541-557
    • (1991) Journal of Political Economy , vol.99 , pp. 541-557
    • Dixit, A.1
  • 8
    • 34250175876 scopus 로고    scopus 로고
    • Expandability, reversibility, and optimal capacity choice
    • Brennan M.J., and Trigeorgis L. (Eds), Oxford University Press
    • Dixit A., and Pindyck R.S. Expandability, reversibility, and optimal capacity choice. In: Brennan M.J., and Trigeorgis L. (Eds). Project flexibility, agency, and competition. (2000), Oxford University Press
    • (2000) Project flexibility, agency, and competition.
    • Dixit, A.1    Pindyck, R.S.2
  • 9
    • 1942488138 scopus 로고    scopus 로고
    • Intertemporal price cap regulation under uncertainty
    • Dobbs I.M. Intertemporal price cap regulation under uncertainty. Economic Journal 114 (2004) 421-440
    • (2004) Economic Journal , vol.114 , pp. 421-440
    • Dobbs, I.M.1
  • 11
    • 55349129361 scopus 로고    scopus 로고
    • Comparative assessment of the licensing regimes for 3G mobile communications in the European Union and their impact on the mobile communications sector
    • European Commission. Comparative assessment of the licensing regimes for 3G mobile communications in the European Union and their impact on the mobile communications sector. Directorate-general information society, final report, June 25, Brussels-Luxembourg (2002)
    • (2002) Directorate-general information society, final report, June 25, Brussels-Luxembourg
    • European Commission1
  • 14
    • 0036414413 scopus 로고    scopus 로고
    • Regulating the United States railroads: The effects of sunk costs and asymmetric risk
    • Hausman J., and Myers S. Regulating the United States railroads: The effects of sunk costs and asymmetric risk. Journal of Regulatory Economics 22 (2002) 287-310
    • (2002) Journal of Regulatory Economics , vol.22 , pp. 287-310
    • Hausman, J.1    Myers, S.2
  • 17
    • 0141671729 scopus 로고    scopus 로고
    • Real options and a large producer: The case of electricity markets
    • Keppo J., and Lu H. Real options and a large producer: The case of electricity markets. Energy Economics 25 (2003) 459-472
    • (2003) Energy Economics , vol.25 , pp. 459-472
    • Keppo, J.1    Lu, H.2
  • 19
    • 21344472528 scopus 로고    scopus 로고
    • A model of sliding-scale regulation
    • Lyon T. A model of sliding-scale regulation. Journal of Regulatory Economics 9 (1996) 227-247
    • (1996) Journal of Regulatory Economics , vol.9 , pp. 227-247
    • Lyon, T.1
  • 20
    • 0008658910 scopus 로고    scopus 로고
    • Profit-sharing regulation: An economic appraisal
    • Mayer C., and Vickers J. Profit-sharing regulation: An economic appraisal. Fiscal Studies 17 (1996) 1-18
    • (1996) Fiscal Studies , vol.17 , pp. 1-18
    • Mayer, C.1    Vickers, J.2
  • 21
    • 29444431746 scopus 로고    scopus 로고
    • Flexibility and technology choice in gas fired power plant investments
    • Nasakkala E., and Fleten S. Flexibility and technology choice in gas fired power plant investments. Review of Financial Economics 14 (2005) 371-393
    • (2005) Review of Financial Economics , vol.14 , pp. 371-393
    • Nasakkala, E.1    Fleten, S.2
  • 22
    • 33748073294 scopus 로고    scopus 로고
    • Asymmetric taxation under incremental and sequential investment
    • Panteghini P.M. Asymmetric taxation under incremental and sequential investment. Journal of Public Economic Theory 7 (2005) 761-779
    • (2005) Journal of Public Economic Theory , vol.7 , pp. 761-779
    • Panteghini, P.M.1
  • 23
    • 4043106285 scopus 로고    scopus 로고
    • The distributional efficiency of alternative regulatory regimes: A real option approach
    • Panteghini P.M., and Scarpa C. The distributional efficiency of alternative regulatory regimes: A real option approach. International Tax and Public Finance 10 (2003) 403-418
    • (2003) International Tax and Public Finance , vol.10 , pp. 403-418
    • Panteghini, P.M.1    Scarpa, C.2
  • 24
  • 25
    • 33644930883 scopus 로고    scopus 로고
    • Mandatory unbundling and irreversible investment in telecom networks
    • Pindyck R.S. Mandatory unbundling and irreversible investment in telecom networks. NBER Working Paper Series 10287 (2004)
    • (2004) NBER Working Paper Series , vol.10287
    • Pindyck, R.S.1
  • 26
    • 3943064958 scopus 로고    scopus 로고
    • Regulation and investment under uncertainty: An application to power grid interconnection
    • Saphores J.-D., Gravel E., and Bernard J.-T. Regulation and investment under uncertainty: An application to power grid interconnection. Journal of Regulatory Economics 25 (2004) 169-186
    • (2004) Journal of Regulatory Economics , vol.25 , pp. 169-186
    • Saphores, J.-D.1    Gravel, E.2    Bernard, J.-T.3
  • 27
    • 0010412165 scopus 로고    scopus 로고
    • Price regulation and incentives
    • Cave M., Majumdar S., and Vogelsang I. (Eds), North-Holland, London
    • Sappington D. Price regulation and incentives. In: Cave M., Majumdar S., and Vogelsang I. (Eds). Handbook of Telecommunications. (2002), North-Holland, London
    • (2002) Handbook of Telecommunications.
    • Sappington, D.1
  • 30
    • 21844488760 scopus 로고
    • Capital investment strategies under uncertain regulation
    • Teisberg E.O. Capital investment strategies under uncertain regulation. Rand Journal of Economics 24 (1993) 591-604
    • (1993) Rand Journal of Economics , vol.24 , pp. 591-604
    • Teisberg, E.O.1
  • 31
    • 21344490227 scopus 로고
    • Superior regulatory regimes in theory and in practice
    • Weisman D.L. Superior regulatory regimes in theory and in practice. Journal of Regulatory Economics 5 (1993) 355-366
    • (1993) Journal of Regulatory Economics , vol.5 , pp. 355-366
    • Weisman, D.L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.