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How to Divide the Possession of a Football?

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  • Yeon-Koo Che

    ()
    (Department of Economics, Columbia University)

  • Terry Hendershott

    ()
    (Department of Economics, Columbia University)

Abstract

In an National Football League overtime, a coin is tossed to determine which team will receive the kick off. In the sudden death format starting on offense has a significantly higher chance of winning. We examine two proposals to improve the ex post fairness: auctions and divide-and-choose. We find the auction to provide a better outcome than the divide-and-choose rule in general when the teams have asymmetric assessments about how the overtime game may unfold. The result has broad implications for resource division when individuals do not have complete information about the objects being divided.

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Bibliographic Info

Paper provided by Columbia University, Department of Economics in its series Discussion Papers with number 0708-03.

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Length: 13 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:clu:wpaper:0708-03

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Cited by:
  1. José Apesteguia & Ignacio Palacios-Huerta, 2008. "Psychological Pressure in Competitive Environments: Evidence from a Randomized Natural Experiment," Working Papers 361, Barcelona Graduate School of Economics.
  2. Jianpei Li & Yi Xue & Weixing Wu, 2013. "Partnership dissolution and proprietary information," Social Choice and Welfare, Springer, vol. 40(2), pages 495-527, February.
  3. Landeo, Claudia & Spier, Kathryn, 2013. "Shotgun Mechanisms for Common-Value Partnerships: The Unassigned-Offeror Problem," Working Papers 2013-10, University of Alberta, Department of Economics.

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