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The axiomatic approach to the problem of sharing the revenue from bundled pricing

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Listed:
  • Gustavo Bergantiños

    (Research Group in Economic Analysis, Universidade de Vigo)

  • Juan D. Moreno-Ternero

    (Department of Economics, Universidad Pablo de Olavide; CORE, Université catholique de Louvain)

Abstract

We explore in this paper the axiomatic approach to the problem of sharing the revenue from bundled pricing. We formalize two models for this problem on the grounds of two different informational bases. In both models, we provide axiomatic rationale for natural rules to solve the problem. We, nonetheless, obtain drastic differences under each scenario, which highlights the importance of setting the appropriate informational basis of the problem.

Suggested Citation

  • Gustavo Bergantiños & Juan D. Moreno-Ternero, 2013. "The axiomatic approach to the problem of sharing the revenue from bundled pricing," Working Papers 13.04, Universidad Pablo de Olavide, Department of Economics.
    • Handle: RePEc:pab:wpaper:13.04
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    More about this item

    Keywords

    resource allocation; bundled pricing; museum passes; proportional; axioms;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality

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