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

Author

Listed:
  • Gustavo Bergantiños

    (ECOSOT, Universidade de Vigo)

  • Juan D. Moreno-Ternero

    (Department of Economics, Universidad Pablo de Olavide;)

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.

Suggested Citation

  • Gustavo Bergantiños & Juan D. Moreno-Ternero, 2019. "A family of rules to share the revenues from broadcasting sport events," Working Papers 19.07, Universidad Pablo de Olavide, Department of Economics.
    • Handle: RePEc:pab:wpaper:19.07
    as

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    File URL: http://www.upo.es/serv/bib/wps/econ1907.pdf
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    References listed on IDEAS

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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. El reparto de los ingresos por retransmisiones deportivas
      by admin in Nada Es Gratis on 2019-05-17 05:00:10

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    Cited by:

    1. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2020. "Allocating extra revenues from broadcasting sports leagues," Journal of Mathematical Economics, Elsevier, vol. 90(C), pages 65-73.

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    More about this item

    Keywords

    resource allocation; broadcasting; sport events; concede-and-divide; Shapley value;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • Z20 - Other Special Topics - - Sports Economics - - - General

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