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"The Museum Pass Game and its Value" Revisited

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  • Estevez Fernandez, M.A.
  • Borm, P.E.M.
  • Hamers, H.J.M.

    (Tilburg University, Center for Economic Research)

Abstract

This paper is a reaction on Ginsburgh and Zang (2003).It reconsiders the problem where a group of museums offer a pass such that the owner can visit these museums an unlimited number of times during a fixed period of time.The problem addressed is how to share the total joint income of this pass system among the museums.Ginsburgh and Zang propose to use the Shapley value of an associated cooperative game.Arguments are provided to model this problem within the framework of bankruptcy problems.

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Bibliographic Info

Paper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2004-7.

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Date of creation: 2004
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Handle: RePEc:dgr:kubcen:20047

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Web page: http://center.uvt.nl

Related research

Keywords: games; incomes; bankruptcy; cooperative games; museum;

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  1. GINSBURGH, Victor & ZANG, Israël, 2002. "The museum pass game and its value," CORE Discussion Papers 2002041, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  2. Thomson, William, 2003. "Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: a survey," Mathematical Social Sciences, Elsevier, vol. 45(3), pages 249-297, July.
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