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I'm paired with a friend who has a ruby in his helm (+19% experience rewarded). We seem to be leveling at roughly the same rate. Is the 19% shared between us? (Are we both getting +9.5%?)

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Yes, everything such as magic find, gold find, and extra experience gets shared across the party.

E.g. 40 combined extra exp with 4 members, means 10 exp extra each.

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So theoretically, it will be better to solo with a +19% exp than to do it with a party? – Saariko Jun 26 '12 at 16:47
Yes, if you look only at sharing; and not other factors like "who will resurrect me when I die". – lefke123 Jun 26 '12 at 21:07

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