Proof of Local Stability of the Rate-of-Return Regulation Process
New York University (NYU) - Leonard N. Stern School of Business; New York University (NYU) - Department of Accounting, Taxation & Business Law
Madhav V. Rajan
Stanford Graduate School of Business
Stefan J. Reichelstein
Stanford University - Stanford Graduate School of Business; CESifo (Center for Economic Studies and Ifo Institute for Economic Research)
December 30, 2009
Stanford University Graduate School of Business Research Paper No. 2042
This note provides the proof of proposition 5 in our paper titled "Dynamics of Rate-of-Return Regulation."
Number of Pages in PDF File: 9
Keywords: cost accounting, economic theory, Regulationworking papers series
Date posted: January 18, 2010
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