Article ID Journal Published Year Pages File Type
5071684 Games and Economic Behavior 2015 15 Pages PDF
Abstract
We explore in this paper the axiomatic approach to the problem of sharing the revenue from museum passes. 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.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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