Schaeffler, Stephan - Fachbereich Wirtschaftswissenschaften, Universität … - 2012
With the introduction of incentive regulation in many network industries, different approaches how to remunerate … invested capital have been used. Under incentive regulation, many regula-tors remunerate the regulated asset base with a …, i.e. finding the right balance between equity financing and debt. Taggert (1981) shows that rate-of-return regulation …