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Allocating the CO2 emissions of an oil refinery with Aumann-Shapley prices: A reply

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  • Pierru, Axel

Abstract

In this reply, I oppose and further debate some of the points raised in Mr Tehrani's comment (2010). In addition, I show that, when dealing with short-run linear-programming models with not-adjusted-to-demand capacities, Aumann-Shapley prices can be considered as an attempt to recreate long-run marginal costs.

Suggested Citation

  • Pierru, Axel, 2010. "Allocating the CO2 emissions of an oil refinery with Aumann-Shapley prices: A reply," Energy Economics, Elsevier, vol. 32(3), pages 746-748, May.
    • Handle: RePEc:eee:eneeco:v:32:y:2010:i:3:p:746-748
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    References listed on IDEAS

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    1. Axel Pierru, 2007. "Short-run and long-run marginal costs of joint products in linear programming," Recherches économiques de Louvain, De Boeck Université, vol. 73(2), pages 153-171.
    2. Pierru, Axel, 2007. "Allocating the CO2 emissions of an oil refinery with Aumann-Shapley prices," Energy Economics, Elsevier, vol. 29(3), pages 563-577, May.
    3. Tehrani Nejad Moghaddam, Alireza & Michelot, Christian, 2009. "A contribution to the linear programming approach to joint cost allocation: Methodology and application," European Journal of Operational Research, Elsevier, vol. 197(3), pages 999-1011, September.
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    Cited by:

    1. Albizuri, M.J. & Díez, H. & Sarachu, A., 2014. "Monotonicity and the Aumann–Shapley cost-sharing method in the discrete case," European Journal of Operational Research, Elsevier, vol. 238(2), pages 560-565.
    2. Moretti, Christian & Moro, Alberto & Edwards, Robert & Rocco, Matteo Vincenzo & Colombo, Emanuela, 2017. "Analysis of standard and innovative methods for allocating upstream and refinery GHG emissions to oil products," Applied Energy, Elsevier, vol. 206(C), pages 372-381.

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