Profit Definitions Galore: the case of electricity' by Lew Evans
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Date
2013
Authors
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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