Profit Definitions Galore: the case of electricity' by Lew Evans

Lewis Evans

No 19318, Working Paper Series from Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation

Abstract: This Current Comment was posted by Lew Evans. 'Profit' and 'cost' in electricity have multiple meanings that are shaping the electricity debate.This note sets out the meanings and origins of four profit measures referred to: accounting, economic, monopoly and Wolak profits.

Keywords: accounting; economic; monopoly; profit; cost; electricity (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcsr:19318

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