The Museum Pass Game and its Value Revisited

CentER Discussion Paper No. 2004-07

5 Pages Posted: 18 Feb 2020

See all articles by Arantza Estevez-Fernandez

Arantza Estevez-Fernandez

VU University Amsterdam - Department of Econometrics and Operations Research; Tinbergen Institute

Peter Borm

Tilburg University - Center for Economic Research (CentER); Tilburg University - Department of Econometrics & Operations Research

Herbert Hamers

Tilburg University - Center for Economic Research (CentER); Tilburg University - Department of Econometrics & Operations Research

Date Written: 2004

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.

Keywords: Games, incomes, bankruptcy, cooperative games, museum

Suggested Citation

Estevez-Fernandez, Arantza and Borm, Peter E. M. and Hamers, Herbert, The Museum Pass Game and its Value Revisited (2004). CentER Discussion Paper No. 2004-07. Available at SSRN: https://ssrn.com/abstract=556956 or http://dx.doi.org/10.2139/ssrn.556956

Arantza Estevez-Fernandez (Contact Author)

VU University Amsterdam - Department of Econometrics and Operations Research ( email )

De Boelelaan 1105
1081 HV Amsterdam
Netherlands

Tinbergen Institute ( email )

Gustav Mahlerplein 117
Amsterdam, 1082 MS
Netherlands

Peter E. M. Borm

Tilburg University - Center for Economic Research (CentER) ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

Tilburg University - Department of Econometrics & Operations Research

Tilburg, 5000 LE
Netherlands

Herbert Hamers

Tilburg University - Center for Economic Research (CentER) ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands
+31 13 4666 2660 (Phone)

Tilburg University - Department of Econometrics & Operations Research

Tilburg, 5000 LE
Netherlands

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