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

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  • Evans, Lewis

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.

Suggested Citation

  • Evans, Lewis, 2013. "Profit Definitions Galore: the case of electricity' by Lew Evans," Working Paper Series 19318, Victoria University of Wellington, The New Zealand Institute for the Study of Competition and Regulation.
  • Handle: RePEc:vuw:vuwcsr:19318
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    File URL: https://ir.wgtn.ac.nz/handle/123456789/19318
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