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L. S. Shapley, “A Value for n-Person Games,” In: H. W. Kuhn and A. W. Tucker, Eds., Contributions to the Theory of Games II, Annals of Mathematics Studies, Princeton University Press, Princeton, Vol. 28, 1953, pp. 307-317.
has been cited by the following article:
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TITLE:
A Museum Cost Sharing Problem
AUTHORS:
Yuntong Wang
KEYWORDS:
Cost Sharing, Shapley Value
JOURNAL NAME:
American Journal of Operations Research,
Vol.1 No.2,
June
17,
2011
ABSTRACT: Ginsburgh and Zang [2] consider a revenue sharing problem for the museum pass program, in which several museums jointly offer museum passes that allow visitors an unlimited access to participating museums in a certain period of time. We consider a cost sharing problem that can be regarded as the dual problem of the above revenue sharing problem. We assume that all museums are public goods and have various (e.g., ser-vice) costs. These costs must be shared by museum visitors. We propose a cost sharing method and provide an axiomatic characterization of the method. We then define a game for the problem and show that the cost sharing method is the Shapley value of the game. We also provide a comparative statics analysis for both the Shapley value of the museum pass game and the Shapley value for the cost sharing game when the number of museums and/or the number of visitors change.