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How to Divide the Possession of a Football?

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Author Info
Yeon-Koo Che () (Department of Economics, Columbia University)
Terry Hendershott () (Department of Economics, Columbia University)

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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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File URL: http://www.econ.columbia.edu/RePEc/pdf/DP0708-03.pdf
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Publisher 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
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Handle: RePEc:clu:wpaper:0708-03

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  1. Jose Apesteguia & Ignacio Palacios-Huerta, 2008. "Psychological Pressure in Competitive Environments: Evidence from a Randomized Natural Experiment," Economics Working Papers 1116, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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