New journal article: Applied Cost Allocation: The DEA–Aumann–Shapley Approach
10/19/2016
CBS, Economics Department Professor Peter Bogetoft and colleagues have worked out a new journal article European Journal of Operational Research. The journal article Applied Cost Allocation: The DEA–Aumann–Shapley Approach deals with empirical computation of Aumann–Shapley cost shares for joint production. We show that if one uses a mathematical programing approach with its non-parametric estimation of the cost function there may be observations in the data set for which we have multiple Aumann–Shapley prices
You can find the journal article here Applied Cost Allocation: The DEA–Aumann–Shapley Approach
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