How to divide the possession of a football?

Che, Yeon-Koo and Terrence Hendershott

Economics Letters, 2008, vol. 99, issue 3, pages 561-565

Abstract: The current National Football League overtime rule favors the team starting on offense. Auctioning off or dividing-and-choosing the starting possession can potentially restore ex post fairness. We find auctions to provide a better outcome when teams have asymmetric information.

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