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

Titulo:  “A family of rules to share the revenues from broadcasting sport events”

Ponente: Juan de Dios Moreno Ternero, Universidad Pablo Olavide

 Organizador: Joaquín Sánchez Soriano

Fecha: Jueves 28 de febrero de 2019, 12:30 h.

Lugar: Sala de Seminarios, Instituto Universitario de Investigación CIO, Edificio Torretamarit, Universidad Miguel Hernández (Campus de Elche)

Resumen: 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 \textit{equal-split} rule and \textit{concede-and-divide}. The characterization only makes use of three basic axioms: \textit{equal treatment of equals}, \textit{additivity} and \textit{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.