1. bookVolume 21 (2022): Issue 1 (March 2022)
Journal Details
License
Format
Journal
eISSN
1684-4769
First Published
16 Apr 2016
Publication timeframe
2 times per year
Languages
English
access type Open Access

An optimization model for the fair distribution of prize money in ATP tournaments

Published Online: 24 Mar 2022
Volume & Issue: Volume 21 (2022) - Issue 1 (March 2022)
Page range: 9 - 29
Journal Details
License
Format
Journal
eISSN
1684-4769
First Published
16 Apr 2016
Publication timeframe
2 times per year
Languages
English
Abstract

The Association of Tennis Professionals (ATP) distributes a considerable amount of money in prizes each year. Studies have shown that only the top 100 ranked players can self-finance; hence, it is convenient to introduce changes to the prize distribution to promote a more sustainable system. A Linear Programming model to distribute the tournament’s budget under a new concept for the fair distribution of prize money is proposed. Additionally, to distribute the prizes, a function based on the effort of the players is designed. The model was applied to tournaments to demonstrate the impact on improving the player’s prizes distribution.

Keywords

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