期刊名称:Discussion Paper Series / Department of Economics, New York University
出版年度:2008
卷号:1
出版社:New York University
摘要:In an National Football League overtime, a coin is tossed to determine
which team will receive the kick off. In the sudden death format starting on
offense has a significantly higher chance of winning. We examine two proposals to
improve the ex post fairness: auctions and divide-and-choose. We find the auction
to provide a better outcome than the divide-and-choose rule in general when the
teams have asymmetric assessments about how the overtime game may unfold.
The result has broad implications for resource division when individuals do not
have complete information about the objects being divided.