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The museum pass game and its value

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  • Victor Ginsburgh
  • ISRAEL Zang

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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Suggested Citation

  • Victor Ginsburgh & ISRAEL Zang, 2003. "The museum pass game and its value," ULB Institutional Repository 2013/1683, ULB -- Universite Libre de Bruxelles.
  • Handle: RePEc:ulb:ulbeco:2013/1683
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    References listed on IDEAS

    as
    1. Joshua D. Angrist & Alan B. Krueger, 2001. "Instrumental Variables and the Search for Identification: From Supply and Demand to Natural Experiments," Journal of Economic Perspectives, American Economic Association, vol. 15(4), pages 69-85, Fall.
    2. BAUWENS, Luc & GINSBURGH, Victor, 2000. "Art experts and auctions are pre-sale estimates unbiased and fully informative?," CORE Discussion Papers RP 1485, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    3. Victor A. Ginsburgh & Jan C. van Ours, 2003. "Expert Opinion and Compensation: Evidence from a Musical Competition," American Economic Review, American Economic Association, vol. 93(1), pages 289-296, March.
    4. repec:fth:prinin:455 is not listed on IDEAS
    5. Joshua Angrist & Alan Krueger, 2001. "Instrumental Variables and the Search for Identification: From Supply and Demand to Natural Experiments," Working Papers 834, Princeton University, Department of Economics, Industrial Relations Section..
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    Cited by:

    1. 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.
    2. Victor Ginsburgh & Israel Zang, 2007. "Bundling by Competitors and the Sharing of Profits," Economics Bulletin, AccessEcon, vol. 12(16), pages 1-9.
    3. 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.
    4. 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.
    5. Ginsburgh, Victor & Zang, Israël, 2012. "Shapley Ranking of Wines," Journal of Wine Economics, Cambridge University Press, vol. 7(02), pages 169-180, November.
    6. 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.
    7. Béal, Sylvain & Solal, Philippe, 2009. "Allocation rules for museum pass programs," MPRA Paper 20103, University Library of Munich, Germany.
    8. Victor Ginsburgh, 2016. "On Judging Art and Wine," Working Papers ECARES ECARES 2016-21, ULB -- Universite Libre de Bruxelles.
    9. 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.
    10. 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).
    11. repec:ebl:ecbull:v:12:y:2007:i:16:p:1-9 is not listed on IDEAS
    12. Frey, Bruno S. & Meier, Stephan, 2006. "The Economics of Museums," Handbook of the Economics of Art and Culture, Elsevier.
    13. 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.
    14. 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.
    15. 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.
    16. Yuntong Wang, 2016. "Revenue Sharing in Airline Alliance Networks," Working Papers 1605, University of Windsor, Department of Economics.

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