publication . Preprint . Article . 2008

Consistent regulation of infrastructure businesses: some economic issues

Flavio M. Menezes;
Open Access
  • Published: 01 Jan 2008
Abstract
This paper examines some important economic aspects associated with the notion that consistency in the regulation of infrastructure businesses is a desirable feature. It makes two important points. First, it is not easy to measure consistency. In particular, one cannot simply point to different regulatory parameters as evidence of inconsistent regulatory policy. Second, even if one does observe consistency emerging from decisions made by different regulators, it does not necessarily mean that this consistency is desirable. It might be the result, at least partially, of career concerns of regulators.
Subjects
free text keywords: Business, Actuarial science, Public economics
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publication . Preprint . Article . 2008

Consistent regulation of infrastructure businesses: some economic issues

Flavio M. Menezes;