Showing 1 - 8 of 8
We take the axiomatic approach to uncover the structure of the revenue-sharing problem from broadcasting sports leagues. Our starting point is to explore the implications of three basic axioms: additivity, order preservation and weak upper bound. We show that the combination of these axioms...
Persistent link: https://www.econbiz.de/10015219510
We study the sharing of revenues raised from the collective sale of broadcasting rights for La Liga, which is strongly regulated by the Spanish government since 2015. Regulation imposes, somewhat surprisingly, that lower bounds and performance measures outweigh the capability (of each club) to...
Persistent link: https://www.econbiz.de/10015228247
We explore the implications of the principle of monotonicity in the problem of sharing the revenues from broadcasting sports leagues. We formalize different forms of this principle as several axioms for sharing rules. We show that, combined with two other basic axioms (equal treatment of equals...
Persistent link: https://www.econbiz.de/10015232677
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...
Persistent link: https://www.econbiz.de/10015264228
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...
Persistent link: https://www.econbiz.de/10015264229
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...
Persistent link: https://www.econbiz.de/10015265958
The COVID-19 pandemic forced the partial or total cancellation of most sports competitions worldwide. Sports organizations crucially rely on revenues raised from broadcasting. How should the allocation of these revenues be modified when sports leagues are cancelled? We aim to answer that...
Persistent link: https://www.econbiz.de/10015254645
We study the problem of sharing the revenues raised from the collective sale of broadcasting rights for sports leagues. We characterize the sharing rules satisfying three basic and intuitive axioms: symmetry, additivity and maximum aspirations. They convey a natural compromise between two focal...
Persistent link: https://www.econbiz.de/10015212504