Mechanisms to Mitigate Regulatory Risk in Private Infrastructure Investment: A Survey of the Literature
37 Pages Posted: 9 Feb 2010
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: 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
Do you have negative results from your research you’d like to share?
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.