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On the multilateral index number system based on the factorial approach
Authors:K S Banerjee
Institution:1. H. Rodney Sharp Professor Emeritus, Univ. of Delaware, 14 Church Rd., 19044, Horsham, Pa., USA
Abstract:This paper examines what of the Eichhorn-Voeller axioms are satisfied by the multilateral index numbers based on the factorial approach. Finally, concerning the overall performance of the system, a pertinent observation is made strengthening its dependability as a practical guide.
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