In September 2005 the New Zealand Commerce Commission (NZCC) released a document (TheWeighted Average Cost of Capital for Electricity Lines Businesses by Dr Martin Lally referred to as LINES hereafter) that estimates a weighted average cost of capital (WACC) for New Zealand electricity lines...

Professor Lewis Evans presented The Required Rate of Return with Sunk Investments at the ISCR forum, The Cost of Capital for the Regulated Firm in August 2003. Two papers associated with this presentation are available for through these links: 'Risk, Price Regulation and Irreversible Investment'...

Professor Lewis Evans presented Sunk Investments, Regulation and the Cost of Capital at an ISCR Auckland seminar: Calculating the Cost of Capital: A Revisionists' Appraisal.

Kevin Counsel and Professor Lewis Evans presented Struggling Upstream: Efficient Water Allocation on the Waitaki River and Elsewhere in Wellington and Auckland in July 2004.

Allocative and productive efficiency are static concepts in the sense that they relate to welfare at a point in time. Allocative and productive efficiency reflect the outcome at a single point in time of resource allocation and production decisions.

The purpose of this report is to review the contemporary history of the meat packing industry and particularly the role of cooperatives and investor-owned firms in its development. The report that follows is divided into three parts. Part One reports briefly the contemporary history of the meat...

Lewis Evans presented Using Regulation to Resolve Investment and Pricing Issues in Transmission in Wellington in April 2006.

Graeme Guthrie presented Incentive Regulation: Asset Valuation and Investment in Advance at the Contemporary Issues in Regulatory Theory and Practice half day workshop held in Wellington in March 2005.