| By: |
Gustavo Bergantiños (ECOSOT, Universidade de Vigo);
Juan D. Moreno-Ternero (Department of Economics, Universidad Pablo de Olavide;) |
| Abstract: |
We study the problem of sharing the revenue from broadcasting sport events,
among participating players. We provide direct, axiomatic and game-theoretical
foundations for two focal rules: the equal-split rule and concede-and-divide.
The former allocates the revenues generated from broadcasting each game
equally among the participating players in the game. The latter concedes
players in each game the revenues generated by their respective fans and
divides equally the residual. We also provide an application studying the case
of sharing the revenue from broadcasting games in La Liga, the Spanish
Football League. We show that hybrid schemes, combining our rules with lower
bounds and performance measures, yield close outcomes to the current
allocation being implemented by the Spanish National Professional Football
League Association. |
| Keywords: |
resource allocation, broadcasting, sport events, concede-and-divide, Shapley value |
| JEL: |
D63 C71 |
| Date: |
2018–02 |
| URL: |
http://d.repec.org/n?u=RePEc:pab:wpaper:18.02&r=spo |