What question did this study set out to answer?

The aim is to develop a comprehensive method for joint cost allocation that integrates existing frameworks.

Joint Cost Allocation: A Unified Approach.

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This article proposes a unified method for joint cost allocation, highlighting its effectiveness and mathematical foundations.

The aim is to develop a comprehensive method for joint cost allocation that integrates existing frameworks.
Illustrated weaknesses of Moriarity's scheme.
Evaluated desirable properties of Louderback's method.
Developed a model using 'propensity to contribute' concept.
Applied game-theoretic concepts to create a modified Shapley Value for cost allocation.
The new model effectively integrates advantages from both Moriarity and Louderback schemes.
The modified Shapley Value represents a fair method of allocating joint costs.
The proposed approach is shown to be in the core.

Balachandran et al. (1981) studied this question.

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