[go: up one dir, main page]

IDEAS home Printed from https://ideas.repec.org/a/cup/astinb/v14y1984i01p61-81_00.html
   My bibliography  Save this article

An Application of Game Theory: Cost Allocation

Author

Listed:
  • Lemaire, Jean
Abstract
The allocation of operating costs among the lines of an insurance company is one'of the toughest problems of accounting; it is first shown that most of the methods used by the accountants fail to satisfy some natural requirements. Next it is proved that a cost allocation problem is identical to the determination of the value of a cooperative game with transferable utilities, and 4 new accounting methods that originate from game theory are proposed. One of those methods, the proportional nucleus, is recommended, due to its properties. Several practical examples are discussed throughout the paper.

Suggested Citation

  • Lemaire, Jean, 1984. "An Application of Game Theory: Cost Allocation," ASTIN Bulletin, Cambridge University Press, vol. 14(1), pages 61-81, April.
  • Handle: RePEc:cup:astinb:v:14:y:1984:i:01:p:61-81_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S0515036100004815/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:astinb:v:14:y:1984:i:01:p:61-81_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/asb .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.