28 January 2021
How to allocate the prize money in Formula One?
One of the most important tasks of governing bodies in sports is to distribute the revenue generated by all participants in a fair way. László Csató, a research fellow of the Labora-tory on Engineering and Management Intelligence, Research Group of Operations Re-search and Decision Systems – together with his PhD student, Dóra Gréta Petróczy (Cor-vinus University of Budapest) – has written a paper on this topic entitled “Revenue allo-cation in Formula One: a pairwise comparison approach”, which has recently appeared in International Journal of General Systems.