Publisher Summary This chapter discusses the game-theory literature on cost allocation.
Cost allocation not only provides internal signals that guide a firm's operations but also may …

Surveys show that many firms use full cost to set prices. However, principles of relevant
costing imply that product prices should be independent of how a firm allocates fixed …

A LTHOUGH THE MAJORITY of economic articles examining clubs have appeared since
James Buchanan wrote his seminal piece," An Economic Theory of Clubs"(1965), the origins …

Problems of allocating joint costs in a reasonable way arise in many practical situations
where people decide to work together to save costs. Cost allocation methods based on …

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 …

We study the problem of setting transfer prices in a vertically integrated supply chain, in
which the divisions share technology and transactions costs. We develop a cooperative …

We investigate a three-echelon supply chain in which a distributor at the middle echelon
negotiates two wholesale price contracts with his upstream manufacturer and downstream …

This chapter surveys the development of management accounting in the academic literature
over the last twenty years or so, in an attempt to evaluate the current state of the art. The …

This study develops a theoretical product cost framework independent of cost assignment
concepts. The framework is used in conjunction with cooperative game-theory concepts to …

The purpose of this paper is to review and critique the recent modelbased research in
managerial accounting. We do not attempt to provide a sufficient statistic for this stock of …