Broadcasting revenue sharing after cancelling sports competitions

Gustavo Bergantiños () and Juan Moreno-Ternero
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Gustavo Bergantiños: ECOSOT, Universidade de Vigo

No 23.06, Working Papers from Universidad Pablo de Olavide, Department of Economics

Abstract: The COVID-19 pandemic forced the partial or total cancellation of most sports competitions worldwide. Sports organizations crucially rely on revenues raised from broadcasting. How should the allocation of these revenues be modified when sports leagues are cancelled? We aim to answer that question in this paper by means of the axiomatic approach. Two extension operators (dubbed zero and leg operators, respectively) will play a major role in our analysis. We show that several combinations of axioms (formalizing ethical or strategic principles) characterize the image via those operators of two focal rules: the equal-split rule and concede-and-divide.

Keywords: Game theory; resource allocation; broadcasting; cancelled seasons. (search for similar items in EconPapers)
JEL-codes: C71 D63 Z20 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2023
New Economics Papers: this item is included in nep-gth and nep-spo
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Broadcasting revenue sharing after cancelling sports competitions (2023)
Working Paper: Broadcasting revenue sharing after cancelling sports competitions (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:pab:wpaper:23.06

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