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A family of rules to share the revenues from broadcasting sport events

Gustavo Bergantiños and Juan Moreno-Ternero ()

No 19.07, Working Papers from Universidad Pablo de Olavide, Department of Economics

Abstract: We consider the problem of sharing the revenues from broadcasting sport league events, introduced by Bergantiños and Moreno-Ternero (2019). We characterize a family of rules compromising between two focal and somewhat polar rules: the equal-split rule and concede-and-divide}. The characterization only makes use of three basic axioms: equal treatment of equals}, additivity and maximum aspirations}}. We also show further interesting features of the family: (i) if we allow teams to vote for any rule within the family, then a majority voting equilibrium exists; (ii) the rules within the family yield outcomes that are fully ranked according to the Lorenz dominance criterion; (iii) the family provides rationale for existing schemes in real-life situations.

Keywords: resource allocation; broadcasting; sport events; concede-and-divide; Shapley value (search for similar items in EconPapers)
JEL-codes: D63 C71 Z20 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-des, nep-gth and nep-spo
Date: 2019-03
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