Title or Money
Murat Issabayev and
Yessengali Oskenbayev ()
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Yessengali Oskenbayev: Suleyman Demirel University
Economics Bulletin, 2019, vol. 39, issue 3, 1912-1917
Abstract:
We examine what is more important for the professional boxers tending to fight on the ring. We employ a famous Nash bargaining (1950) tool and show that both a champion and a contender are concerned about championship title and monetary prize generated from the fans for watching the fight. However, both players value money revenue more than a championship title.
Keywords: Title; monetary prize; boxing sports; Nash bargaining (search for similar items in EconPapers)
JEL-codes: C7 J4 (search for similar items in EconPapers)
Date: 2019-08-20
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-18-00715
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