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

Author

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  • Bergantiños, Gustavo
  • Moreno-Ternero, Juan D.

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

  • Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2019. "A family of rules to share the revenues from broadcasting sport events," MPRA Paper 94310, University Library of Munich, Germany, revised 04 Jun 2019.
  • Handle: RePEc:pra:mprapa:94310
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    References listed on IDEAS

    as
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    5. Juan D Moreno-Ternero & John E Roemer, 2006. "Impartiality, Priority, and Solidarity in the Theory of Justice," Econometrica, Econometric Society, vol. 74(5), pages 1419-1427, September.
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    More about this item

    Keywords

    resource allocation; broadcasting; sport events; concede-and-divide; equal-split.;

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

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