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The museum pass game and its value

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  • GINSBURGH, Victor
  • ZANG, Israël

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.

Suggested Citation

  • 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).
  • Handle: RePEc:cor:louvco:2002041
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    1. repec:ebl:ecbull:v:12:y:2007:i:16:p:1-9 is not listed on IDEAS
    2. Luis Aguiar & Joel Waldfogel, 2015. "Streaming Reaches Flood Stage: Does Spotify Stimulate or Depress Music Sales?," NBER Working Papers 21653, National Bureau of Economic Research, Inc.
    3. BERGANTIÑOS, Gustavo & MORENO-TERNERO, Juan D., "undated". "A New Rule for the Problem of Sharing the Revenue from Museum Passes," CORE Discussion Papers RP 2721, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. 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.
    5. Frey, Bruno S. & Meier, Stephan, 2006. "The Economics of Museums," Handbook of the Economics of Art and Culture, Elsevier.
    6. Thomson, William, 2015. "Axiomatic and game-theoretic analysis of bankruptcy and taxation problems: An update," Mathematical Social Sciences, Elsevier, vol. 74(C), pages 41-59.
    7. 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.
    8. Yuntong Wang, 2016. "Revenue Sharing in Airline Alliance Networks," Working Papers 1605, University of Windsor, Department of Economics.
    9. Ginsburgh, Victor & Zang, Israël, 2012. "Shapley Ranking of Wines," Journal of Wine Economics, Cambridge University Press, vol. 7(02), pages 169-180, November.
    10. Victor Ginsburgh & Israel Zang, 2007. "Bundling by Competitors and the Sharing of Profits," Economics Bulletin, AccessEcon, vol. 12(16), pages 1-9.
    11. Casas-Méndez, Balbina & Fragnelli, Vito & García-Jurado, Ignacio, 2011. "Weighted bankruptcy rules and the museum pass problem," European Journal of Operational Research, Elsevier, vol. 215(1), pages 161-168, November.
    12. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2015. "The axiomatic approach to the problem of sharing the revenue from museum passes," Games and Economic Behavior, Elsevier, vol. 89(C), pages 78-92.
    13. Gustavo Bergantiños & Juan D. Moreno-Ternero, 2018. "Sharing the revenues from broadcasting sport events," Working Papers 18.02, Universidad Pablo de Olavide, Department of Economics.
    14. Ginsburgh, Victor & Moreno-Ternero, Juan D. & Weber, Shlomo, 2017. "Ranking languages in the European Union: Before and after Brexit," European Economic Review, Elsevier, vol. 93(C), pages 139-151.
    15. Béal, Sylvain & Solal, Philippe, 2009. "Allocation rules for museum pass programs," MPRA Paper 20103, University Library of Munich, Germany.
    16. Victor Ginsburgh, 2016. "On Judging Art and Wine," Working Papers ECARES ECARES 2016-21, ULB -- Universite Libre de Bruxelles.
    17. Balbina Casas-Mendez & Vito Fragnelli & Ignacio Garcìa-Jurado, 2014. "A survey of allocation rules for the museum pass problem," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 38(2), pages 191-205, May.

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