Munich Personal RePEc Archive

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

Bergantiños, Gustavo and Moreno-Ternero, Juan D. (2019): A family of rules to share the revenues from broadcasting sport events.

WarningThere is a more recent version of this item available.
[img] PDF
MPRA_paper_94310.pdf

Download (204kB)

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.

Available Versions of this Item

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.