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The museum pass game and its value

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Author Info

  • Ginsburgh, Victor
  • Zang, Israel

Abstract

We discuss a subscription game in which service providers (e.g., museums)team up in offering a limited time subscription or access pass allowing unlimited usage of their services. In this game, a natural way to allocate the subscription income among the service providers is by using the Shapley value. We show that, for the particular game considered,the Shapley value takes a very intuitive and computationally simple form.

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File URL: http://www.sciencedirect.com/science/article/B6WFW-488VX30-1/2/1bf73c482309cfafb17c1a88b35b4846
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Bibliographic Info

Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 43 (2003)
Issue (Month): 2 (May)
Pages: 322-325

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Handle: RePEc:eee:gamebe:v:43:y:2003:i:2:p:322-325

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Web page: http://www.elsevier.com/locate/inca/622836

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Cited by:
  1. Bruno S. Frey & Stephan Meier, . "The Economics of Museums," IEW - Working Papers 149, Institute for Empirical Research in Economics - University of Zurich.
  2. Victor Ginsburgh & Israel Zang, 2007. "Bundling by Competitors and the Sharing of Profits," Economics Bulletin, AccessEcon, vol. 12(16), pages 1-9.
  3. Béal, Sylvain & Solal, Philippe, 2009. "Allocation rules for museum pass programs," MPRA Paper 20103, University Library of Munich, Germany.
  4. Estevez Fernandez, M.A. & Borm, P.E.M. & Hamers, H.J.M., 2004. ""The Museum Pass Game and its Value" Revisited," Discussion Paper 2004-7, Tilburg University, Center for Economic Research.

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