Dynamics of Rate-of-Return Regulation

References

• Arrow K. Optimal capital policy, the cost of capital and myopic decision rules. Ann. Institute Statist. Math. (1964) 16(1):21–30Crossref, Google Scholar
• Averch H., Johnson L. Behavior of the firm under regulatory constraint. Amer. Econom. Rev. (1962) 52(5):1052–1069Google Scholar
• Baldenius T., Ziv A. Performance evaluation and corporate income taxes. Rev. Accounting Stud. (2003) 8(2–3):283–309Crossref, Google Scholar
• Bareket M., Mohnen A. Performance measurement for investment decisions under capital constraints. Rev. Accounting Stud. (2007) 10(1):527–552Google Scholar
• Baumol W. Optimal depreciation policy: Pricing the products of durable assets. Bell J. Econom. (1971) 2(2):638–656Crossref, Google Scholar
• Biglaiser G., Riordan M. Dynamics of price regulation. RAND J. Econom. (2000) 31(4):744–767Crossref, Google Scholar
• Friedl G. Ursachen und Loesung des Unterinvestitionsproblems bei einer kostenbasierten Preisregulierung. Die Betriebswirtschaft (2007) 67(3):335–348Google Scholar
• Hotelling H. A general mathematical theory of depreciation. J. Amer. Statist. Assoc. (1925) 20(151):340–353Crossref, Google Scholar
• İşlegen Ö., Reichelstein S. Carbon capture by fossil fuel power plants: An economic analysis. Management Sci. (2011) 57(1):21–39Link, Google Scholar
• Laffont J. J., Tirole J.A Theory of Incentives in Procurement and Regulation (1993) (MIT Press, Cambridge, MA) Google Scholar
• Laffont J. J., Tirole J.Competition in Telecomm (2000) (MIT Press, Cambridge, MA) Google Scholar
• Nezlobin A., Rajan M., Reichelstein S. Stability properties of the rate-of-return regulation process. (2011) . Research Paper 2042, Graduate School of Business, Stanford University, Stanford, CA. Accessed December 12, http://gsbapps.stanford.edu/researchpapers/detail1.asp?Document_ID=3311Google Scholar
• Nicholson W.Intermediate Microeconomics and Its Applications (2005) (South Western Publishers, Boston) Google Scholar
• Pfeiffer T., Schneider G. Residual income-based compensation plans for controlling investment decisions under sequential private investment. Management Sci. (2007) 53(3):495–507Link, Google Scholar
• Preinreich G. Annual survey of economic theory: The theory of depreciation. Econometrica (1938) 6(3):219–231Crossref, Google Scholar
• Rajan M., Reichelstein S. Depreciation rules and the relation between marginal and historical cost. J. Accounting Res. (2009) 47(3):823–865Crossref, Google Scholar
• Reichelstein S. Investment decisions and managerial performance evaluation. Rev. Accounting Stud. (1997) 2(2):157–180Crossref, Google Scholar
• Rogerson W. Inter-temporal cost allocation and managerial investment incentives: A theory explaining the use of economic value added as a performance measure. J. Political Econom. (1997) 105(4):770–795Crossref, Google Scholar
• Rogerson W. Intertemporal cost allocation and investment decisions. J. Political Econom. (2008) 116(5):931–950Crossref, Google Scholar
• Rogerson W. On the relationship between historic cost, forward looking cost and long run marginal cost. Rev. Network Econom. (2011) 10(2). Article 2. http://www.bepress.com/rne/vol10/iss2/2Google Scholar
• Schmalensee R. An expository note on depreciation and profitability under rate-of-return regulation. J. Regulatory Econom. (1989) 1(3):293–298Crossref, Google Scholar
• Schotter A.Microeconomics: A Modern Approach (2008) (South-Western Publishers, Boston) Google Scholar