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

Evans, Lewis

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

Evans, Lewis

URI: https://ir.wgtn.ac.nz/handle/123456789/19318

Date: 2013

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:

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.

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