The Required Rate of Return with Sunk Investments

Evans, Lewis; Guthrie, Graeme

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The Required Rate of Return with Sunk Investments

Evans, Lewis; Guthrie, Graeme

URI: https://ir.wgtn.ac.nz/handle/123456789/18879

Date: 2003

Rights: Permission to publish research outputs of the New Zealand Institute for the Study of Competition and Regulation has been granted to the Victoria University of Wellington Library. Refer to the permission letter in record: https://ir.wgtn.ac.nz/handle/123456789/18870

Abstract:

Professor Lewis Evans presented The Required Rate of Return with Sunk Investments at the ISCR forum, The Cost of Capital for the Regulated Firm in August 2003. Two papers associated with this presentation are available for through these links: 'Risk, Price Regulation and Irreversible Investment' 'Asset Stranding is Inevitable in Competitive Markets'

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