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Intro -- Contents -- Preface -- Abbreviation and Units -- Privatization, Restructuring, and Regulation of Network …
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Privatised utilities are typically characterised by both undervaluation and underpricing. When faced with this problem, regulators have tended to employ a market-value approach to determine the regulatory asset base. This paper analyses this approach and shows that it magnifies the impact of any...
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eight research institutions. Ifo's part within this larger programme was (a) to analyse the fiscal effects of privatization … and (b) to assess the valuation of privatization effects by stakeholders and experts in nine European countries. For the … tested with data from US municipalities. Than the model was used to analyse privatization effects in comparison with public …
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