Mechanisms to Mitigate Regulatory Risk in Private Infrastructure Investment: A Survey of the Literature

37 Pages Posted: 9 Feb 2010

See all articles by Mark A Jamison

Mark A Jamison

University of Florida - Warrington College of Business Administration, Public Utility Research Center

Lynne Holt

University of Florida - Public Utility Research Center

Sanford V. Berg

University of Florida - Department of Economics

Date Written: April 2005

Abstract

There are three basic approaches to mitigating this risk; namely, institutional instruments that limit the possibility of government opportunism, financial instruments that decrease financial risk, and investment strategies, such as choosing technologies that may not be cost-minimizing but that have lower “sunk” costs than more traditional alternatives. In this paper, we summarize the literature on the first two options. We include energy, telecommunications, water, and transport in the term “infrastructure.”

Suggested Citation

Jamison, Mark A. and Holt, Lynne W. and Berg, Sanford V., Mechanisms to Mitigate Regulatory Risk in Private Infrastructure Investment: A Survey of the Literature (April 2005). Available at SSRN: https://ssrn.com/abstract=1549613 or http://dx.doi.org/10.2139/ssrn.1549613

Mark A. Jamison (Contact Author)

University of Florida - Warrington College of Business Administration, Public Utility Research Center ( email )

PO Box 117142
Gainesville, FL 32611
United States
352-392-6148 (Phone)
352-392-7796 (Fax)

HOME PAGE: http://warrington.ufl.edu/purc/facultyinfo.asp?WEBID=1217

Lynne W. Holt

University of Florida - Public Utility Research Center ( email )

Gainesville, FL 32611
United States
352-392-6148 (Phone)
352-392-7796 (Fax)

HOME PAGE: http://www.cba.ufl.edu/faculty/facultyinfo.asp?WEBID=2433

Sanford V. Berg

University of Florida - Department of Economics ( email )

Gainesville, FL 32611-7140
United States
352-392-0132 (Phone)
352-392-7796 (Fax)

HOME PAGE: http://www.cba.ufl.edu/purc/facultyinfo.asp?WEBID=1260

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
84
Abstract Views
709
rank
322,346
PlumX Metrics