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On the axiomatic approach to sharing the revenues from broadcasting sports leagues

Author

Listed:
  • Gustavo Bergantiños

    (ECOSOT, Universidade de Vigo)

  • Juan D. Moreno-Ternero

    (Universidad Pablo de Olavide)

Abstract

We take the axiomatic approach to uncover the structure of the revenue-sharing problem from broadcasting sports leagues. We formalize two notions of impartiality, depending on the stance one takes with respect to the revenue generated in the games involving each pair of teams. We show that the resulting two axioms lead towards two broad categories of rules, when combined with additivity and some other basic axioms. We complement those results strengthening the impartiality notions to consider axioms of order preservation.

Suggested Citation

  • Gustavo Bergantiños & Juan D. Moreno-Ternero, 2022. "On the axiomatic approach to sharing the revenues from broadcasting sports leagues," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 58(2), pages 321-347, February.
    • Handle: RePEc:spr:sochwe:v:58:y:2022:i:2:d:10.1007_s00355-021-01360-9
    DOI: 10.1007/s00355-021-01360-9
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    More about this item

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • Z20 - Other Special Topics - - Sports Economics - - - General

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