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Murat Issabayev and Yessengali Oskenbayev
''Title or Money''
( 2019, Vol. 39 No.3 )
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.
Keywords: Title, monetary prize, boxing sports, Nash bargaining
JEL: J4 - Particular Labor Markets: General
Manuscript Received : Sep 04 2018 Manuscript Accepted : Aug 20 2019

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