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

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Date

2013

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Journal ISSN

Volume Title

Publisher

Te Herenga Waka—Victoria University of Wellington

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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Keywords

accounting, economic, monopoly, profit, cost, electricity

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