From inside the book
Results 1-3 of 87
Page 223
As a The objective of this model is to maintain the price of the stock within limits defined by the book value of the firm , and the ratio of market to book of similar risk firms . There is no require- ment that the market price always ...
As a The objective of this model is to maintain the price of the stock within limits defined by the book value of the firm , and the ratio of market to book of similar risk firms . There is no require- ment that the market price always ...
Page 128
First , it is assumed that the objective of the firm is the maximization of profits . Second , that there is no regulatory lag . Third , it is assumed that the allowed return on the capital , s , is greater than the cost of capital ...
First , it is assumed that the objective of the firm is the maximization of profits . Second , that there is no regulatory lag . Third , it is assumed that the allowed return on the capital , s , is greater than the cost of capital ...
Page 134
A SIMULTANEOUS EQUATION MODEL OF PRODUCTION AND PRICING If A simplistic model of the regulated firm assumes that price is set by the regulatory commission , and hence , is exogenous to the firm . quantity demanded is assumed a function ...
A SIMULTANEOUS EQUATION MODEL OF PRODUCTION AND PRICING If A simplistic model of the regulated firm assumes that price is set by the regulatory commission , and hence , is exogenous to the firm . quantity demanded is assumed a function ...
What people are saying - Write a review
We haven't found any reviews in the usual places.
Contents
FIRST SESSION Regulation and the Utility Industries | 1 |
SOLVING THE INFLATION DILEMMA | 103 |
FOURTH SESSION | 111 |
27 other sections not shown
Other editions - View all
Common terms and phrases
accounting additional adjustment agencies allowed amount analysis application average base basis believe capacity capital changes charges Commission common companies competition concerned considered construction consumer continue cost curves customers decision demand depreciation determine earnings economic effect efficiency electric utilities energy equity estimated example existing expected expense fact factor Federal firm fuel future going growth higher important income increase industry inflation interest investment investors Iowa issues less load marginal means measure method Michigan natural operating peak percent period plant possible present problems production Public Utilities question rate of return ratio reasonable recent reduce regulation regulatory requirements reserve result revenue risk structure supply telephone tion unit