Price Regulation and Risk: The Impact of Regulation System Shifts on Risk Components (Lecture Notes in Economics and Mathematical Systems)

by Michael Hierzenberger (Author)

• New

  Paperback
  2010

  $58.95

  Natural monopolies are not subject to the market-based principle of competition. It is necessary to control companies in such positions with regard to pricing. Based on the principal-agent problem, this book explains the topic of price regulation and risk.