Competition and Regulation in Franchise Bidding

Article Abstract:

The separation property identified in the franchise bidding literature that depends strictly on the hypothesis of coincidence of the regulator's beliefs with those of the competing firms is shown. The possibility that the regulator is dealing with a double informational asymmetry as compared to the firms is introduced, as it is more truthful to hypothesize that the regulator's information is vaguer than that of the producers.

Lessors of Nonfinancial Intangible Assets (except Copyrighted Works), Patent owners and lessors, Franchising, Letting of contracts, Competitive bidding, Franchises

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Assessing the effectiveness of state regulation and enforcement of hazardous waste

Article Abstract:

The effect of state hazardous waste regulations and policies on the various facilities across the United States are described. A hazardous waste regulation has been established by the United States Environmental Protection Agency, however, the states can also develop additional regulations regarding hazardous waste.

Environmental aspects, Hazardous wastes

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Regulation and investment under uncertainty: an application to power grid interconnection

Article Abstract:

A framework that analyzes the optimal decisions of a firm that needs to undergo a costly, uncertain, and time-consuming regulatory view in order to make a lagged, irreversible investment whose value varies randomly is presented. Regulatory requirements preceding a project are a costly investment lag.

Forecasts, trends, outlooks, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Financial services industry, Forecasts and trends, Market trend/market analysis, Regulatory compliance

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