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The Enron scandal has raised questions regarding the adequacy of the present system of financial disclosure. At the same time, public policies increasingly use information disclosure as a regulatory device in a variety of areas beyond financial reporting. This paper provides a framework for...
Persistent link: https://www.econbiz.de/10014033709
The Interstate Commerce Commission (ICC) is a classic example of regulation, and the origins and operation of this agency have been much analyzed. These have been variously described as examples of public interest regulation, capture regulation, and what I have called predatory regulation. By...
Persistent link: https://www.econbiz.de/10013298509
The appraisal of public investments is subject to formal guidelines which often require input prices, such as forecasted energy prices. Using Danish guidelines as a case study, we explore the discounting assumptions in these input prices and find rates ranging from 2.97% to 17.5%, markedly...
Persistent link: https://www.econbiz.de/10014383298
The Australian Competition & Consumer Commission (ACCC) released its Digital Platform Services Inquiry, Interim Report No. 5 (Regulatory Reform) in September 2022. In December 2022, the Australian Treasury requested comments on the report. The ACCC Report recommends, inter alia, several...
Persistent link: https://www.econbiz.de/10014258143
objective is to assist in a move towards an evidence-based discussion of patents as a central issue in innovation policy …
Persistent link: https://www.econbiz.de/10014207700
Rules designed to regulate capital markets and protect investors often have spillover effects, either negative or positive, on stakeholders other than investors. These stakeholders can include managers, employees, consumers, taxpayers, gatekeepers, vendors, and others. This raises a question as...
Persistent link: https://www.econbiz.de/10013031334
Persistent link: https://www.econbiz.de/10013031338
Following the Brent Spar controversy, the OSPAR countries reached a unanimous agreement in 1998 for the future rules for disposal of petroleum installations. The vast majority of existing offshore installations will be re-used or returned to shore for recycling or disposal. For installations...
Persistent link: https://www.econbiz.de/10009781556
pollution tax to maximize domestic welfare. We consider the potential implementation of three innovation agreements: cooperative …
Persistent link: https://www.econbiz.de/10013252755
Energy Systems Integration (ESI) is an emerging paradigm and at the centre of the EU energy debate. ESI takes a holistic view of the electricity, gas and heat sectors to deliver a clean, reliable and affordable energy system. By identifying and exploiting the synergies within and between the...
Persistent link: https://www.econbiz.de/10012194460