Economic profit contrasts from net income by subtracting both usual costs and missed alternative profits. Short-term economic losses may lead to long-term gains if underlying business strategies ...

Tables of contents for recent issues of Oxford Economic Papers are available at http://oep.oupjournals.org/contents-by-date.0.shtml. Authorized users may be able to ...

This is a preview. Log in through your library . Abstract This paper uses a system of translog profit and input demand equations to analyze price and technical efficiency in Class I railroads for the ...