Allocating extra revenues from broadcasting sports leagues

We consider the problem of sharing the revenues from broadcasting sports leagues among participating teams. We introduce axioms formalizing alternative ways of allocating the extra revenue obtained from additional viewers. We show that, combined with some other standard axioms, they provide axiomati...

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Bibliographic Details
Published in:Journal of mathematical economics 2020-10, Vol.90, p.65-73
Main Authors: Bergantiños, Gustavo, Moreno-Ternero, Juan D.
Format: Article
Language:English
Subjects:
Axioms
Broadcasting
Extra revenues
Resource allocation
Revenue
Sports
Sports leagues
Team sports
Teams
Viewers
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Summary:We consider the problem of sharing the revenues from broadcasting sports leagues among participating teams. We introduce axioms formalizing alternative ways of allocating the extra revenue obtained from additional viewers. We show that, combined with some other standard axioms, they provide axiomatic characterizations of three focal rules for this problem: the uniform rule, the equal-split rule and concede-and-divide.
ISSN:0304-4068
1873-1538
DOI:10.1016/j.jmateco.2020.06.002