Competition and Regulation in Franchise Bidding
Article Abstract:
The separation property identified in the franchise bidding literature that depends strictly on the hypothesis of coincidence of the regulator's beliefs with those of the competing firms is shown. The possibility that the regulator is dealing with a double informational asymmetry as compared to the firms is introduced, as it is more truthful to hypothesize that the regulator's information is vaguer than that of the producers.
Publication Name: Journal of Regulatory Economics
Subject: Government
ISSN: 0922-680X
Year: 2004
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Assessing the effectiveness of state regulation and enforcement of hazardous waste
Article Abstract:
The effect of state hazardous waste regulations and policies on the various facilities across the United States are described. A hazardous waste regulation has been established by the United States Environmental Protection Agency, however, the states can also develop additional regulations regarding hazardous waste.
Publication Name: Journal of Regulatory Economics
Subject: Government
ISSN: 0922-680X
Year: 2003
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Regulation and investment under uncertainty: an application to power grid interconnection
Article Abstract:
A framework that analyzes the optimal decisions of a firm that needs to undergo a costly, uncertain, and time-consuming regulatory view in order to make a lagged, irreversible investment whose value varies randomly is presented. Regulatory requirements preceding a project are a costly investment lag.
Publication Name: Journal of Regulatory Economics
Subject: Government
ISSN: 0922-680X
Year: 2004
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- Abstracts: The ethical dimension in business and government. Personal morality in a professional context
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