This paper relates the classical Charnes, Cooper and Rhodes' (CCR) model in Data Envelopment Analysis (DEA) to the Weak Axiom of Profit Maximization (WAPM) in Firm Theory. Varian's (1990) firm theory analysis is extended from a single firm to multiple firms. This allows deriving the classical...

This paper uses a game-theoretic framework to suggest the fair value for information extracted via data mining and shared between two retail-market competitors. Neither competitor has a dominant position in that market. For mutual benefit, the two players each owning a privileged information set...