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The axiomatic approach to the problem of sharing the revenue from bundled pricing

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  • BERGANTINOS, Gustavo

    (Universidad de Vigo, Spain)

  • MORENO-TERNERO, Juan

    (Universidad Pablo de Olavide, Spain; Université catholique de Louvain, CORE, B-1348 Louvain-la-Neuve, Belgium)

Abstract

We explore in this paper the axiomatic approach to the problem of sharing the revenue from bundled pricing. 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.

Suggested Citation

  • BERGANTINOS, Gustavo & MORENO-TERNERO, Juan, 2014. "The axiomatic approach to the problem of sharing the revenue from bundled pricing," LIDAM Discussion Papers CORE 2014027, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:2014027
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    References listed on IDEAS

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    More about this item

    Keywords

    resource allocation; bundled pricing; museum passes; proportional; axioms;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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