Build it and they may leave! Asset-Stranding: Risk and Regulation

Lewis Evans, Graeme Guthrie and Steen Videbeck

No 374703, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: The modern economy presents many challenges for regulators and firms alike. One major concern is the ability of demand fluctuations - caused by competition or technological innovation - to strand the very infrastructure assets on which the new economy relies. As these vital assets are often subject to regulation, it is essential to understand how different regulatory regimes perform in this new economic environment. Steen Videbeck reports on recent research from ISCR's Lewis Evans and Graeme Guthrie which reveals that the type of regulation used has some very important implications for firms and their customers.

Date: 2003-08-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:374703

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