Spencer, Peter - In: Oxford Bulletin of Economics and Statistics 60 (1998) 2, pp. 257-59
This note shows that there is an error in the mathematical argument deployed by J. L. Ford, W. S. Peng, and A. W. Mullineux (1992). Once this is corrected, the author sees that, remarkably, the standard opportunity cost based weighting system remains appropriate even in the face of nonneutral...
