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Murat Issabayev and Yessengali Oskenbayev |
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''Title or Money'' |
( 2019, Vol. 39 No.3 ) |
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We examine what is more important for the professional boxers tending to fight on the ring. We employ a famous Nash bargaining (1950) tool and show that both a champion and a contender are concerned about championship title and monetary prize generated from the fans for watching the fight. However, both players value money revenue more than a championship title. |
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Keywords: Title, monetary prize, boxing sports, Nash bargaining |
JEL: J4 - Particular Labor Markets: General
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Manuscript Received : Sep 04 2018 | | Manuscript Accepted : Aug 20 2019 |
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