Riccardo Faini CEIS Seminars
Juan D. Moreno-Ternero (Universidad Pablo de Olavide)

On the Axiomatic Approach to Sharing the Revenues from Broadcasting Sports Leagues

Riccardo Faini CEIS Seminars
When

Friday 28 May 2021 h. 16:00-17:00

Where

CEIS Tor Vergata – TEAMS Webinar
Make your registation here no later than Thursday and you will receive the link

Description

Juan D. Moreno-Ternero (Universidad Pablo de Olavide)

joint with Gustavo Bergantiños

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 characterizes a large family of rules, which is made of compromises between the uniform rule and concede-and-divide, such as the one represented by the equal-split rule. The members of the family are fully ranked according to the Lorenz dominance criterion, and the structure of the family guarantees the existence of a majority voting equilibrium. Strengthening some of the previous axioms, or adding new ones, we provide additional characterizations within the family. Weakening some of those axioms, we also characterize several families encompassing the original one.

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Contacts

Responsabile Scientifico
Marianna Brunetti, Furio Camillo Rosati

Organizzazione
Barbara Piazzi
06-72595601
piazzi@ceis.uniroma2.it