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RESEARCH PRODUCT
Prices in Mixed Cost Allocation Problems
Juan Carlos SantosEmilio Calvosubject
MicroeconomicsEconomics and EconometricsCost allocationJoint costCost estimateTotal costEconomic costEconomicsRelevant costCost sharingFinanceImplicit costdescription
Abstract We consider mixed cost allocation problems, i.e., joint cost problems that involve two types of heterogeneous outputs, divisible and indivisible. The Aumann–Shapley price mechanism is extended to this setting. We also present a set of properties which characterize this cost sharing rule. Journal of Economic Literature Classification numbers: D63, C79.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2001-11-01 | Games and Economic Behavior |