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The museum pass game and its value

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Author Info
GINSBURGH, Victor
ZANG, Isra‘l

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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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Publisher Info
Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2002041.

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Date of creation: 01 Jul 2002
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Handle: RePEc:cor:louvco:2002041

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  1. Estevez-Fernandez, A. & Borm, P.E.M. & Hamers, H., 2004. ""The museum pass game and its value" revisited," Discussion Paper 7, Tilburg University, Center for Economic Research. [Downloadable!]
  2. Bruno S. Frey & Stephan Meier, . "The Economics of Museums," IEW - Working Papers iewwp149, Institute for Empirical Research in Economics - IEW. [Downloadable!]
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