In the context of yardstick regulation with long-lived assets, the influence of heterogeneous investment cycles on the …-line) depreciation given heterogeneous investment and cost cycles will cause instantaneous yardstick levels below the long …

In the context of yardstick regulation with long-lived assets, the influence of investment cycles and thereof resulting … heterogeneous capital structures on the ability to recover capital is quite important. Investment decisions are based on whole … investment cycles of the infrastructure. It is shown in this article that variable lifetimes of assets may cause substantial …

, while one is concerned with determinants of investment in ICT networks. The study uses German firm-level data and regional …

decision whether to invest or not depends on the probability of regulation and its assumed impact on investment returns … regulation. The regulator, on the other hand, an influence both investment decision and the incumbent's price via his signals on … regulation probability and price. These signals can be considered optimal, if they simultaneously allow investment and minimize …