What question did this study set out to answer?

The research aims to improve joint cost allocation by addressing limitations in the simple Shapley allocation method.

The Use of the Generalized Shapley Allocation in Joint Cost Allocation.

View Full Paper

Ask AI

Bookmark

Authors

Proposes a generalized Shapley allocation to improve joint cost allocation, suggesting greater flexibility and stability.

The research aims to improve joint cost allocation by addressing limitations in the simple Shapley allocation method.
Propose a generalized Shapley allocation based on the simple Shapley method
Analyze the axioms satisfied by both the simple and generalized Shapley allocations
Identify and discuss shortcomings of the simple Shapley allocation
The generalized Shapley allocation retains favorable properties of the simple Shapley allocation
Allows for greater management flexibility in cost allocation
Addresses core condition failures, reducing independent actions by subcoalitions

Hamlen et al. (1980) studied this question.

View Full Paper

Ask AI

Bookmark