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Compromising to share the revenues from broadcasting sports leagues

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  • Bergantiños, Gustavo
  • Moreno-Ternero, Juan D.

Abstract

We study the problem of sharing the revenues raised from the collective sale of broadcasting rights for sports leagues. We characterize the sharing rules satisfying three basic and intuitive axioms: symmetry, additivity and maximum aspirations. They convey a natural compromise between two focal rules, arising from polar estimations of teams’ loyal viewers. We also show that these compromise ruleshave further interesting properties, such as allowing for the existence of a majority voting equilibrium. We bring some of the testable implications from our axiomatic analysis to the real case of European football leagues.

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  • Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2021. "Compromising to share the revenues from broadcasting sports leagues," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 57-74.
    • Handle: RePEc:eee:jeborg:v:183:y:2021:i:c:p:57-74
    DOI: 10.1016/j.jebo.2020.12.011
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    Citations

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    Cited by:

    1. Gustavo Bergantiños & Juan D. Moreno-Ternero, 2023. "Decentralized revenue sharing from broadcasting sports," Public Choice, Springer, vol. 194(1), pages 27-44, January.
    2. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2022. "Monotonicity in sharing the revenues from broadcasting sports leagues," European Journal of Operational Research, Elsevier, vol. 297(1), pages 338-346.
    3. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2020. "Broadcasting La Liga," MPRA Paper 104750, University Library of Munich, Germany.
    4. Gustavo Bergantiños & Juan D. Moreno-Ternero, 2023. "Broadcasting revenue sharing after cancelling sports competitions," Annals of Operations Research, Springer, vol. 328(2), pages 1213-1238, September.
    5. Juan D. Moreno-Ternero & Tim Pawlowski & Shlomo Weber, 2024. "Domestic Competitive Balance and International Success: The Case of The Football Industry," Papers 2402.08396, arXiv.org.
    6. Gustavo Bergantiños & Juan D. Moreno-Ternero, 2022. "On the axiomatic approach to sharing the revenues from broadcasting sports leagues," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 58(2), pages 321-347, February.
    7. Ricardo Martínez & Juan D. Moreno‐Ternero, 2024. "Redistribution with needs," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 26(1), February.
    8. Gustavo Berganti~nos & Juan D. Moreno-Ternero, 2023. "Revenue sharing at music streaming platforms," Papers 2310.11861, arXiv.org.
    9. Bas J. Dietzenbacher & Aleksei Y. Kondratev, 2023. "Fair and Consistent Prize Allocation in Competitions," Management Science, INFORMS, vol. 69(6), pages 3319-3339, June.
    10. Gustavo Bergantinos & Juan D. Moreno-Ternero, 2023. "Anonymity in sharing the revenues from broadcasting sports leagues," Papers 2303.17897, arXiv.org.
    11. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2022. "Separable rules to share the revenues from broadcasting sports leagues," Economics Letters, Elsevier, vol. 211(C).
    12. Rocaboy Yvon, 2023. "Inter-league Competition and the Optimal Broadcasting Revenue-Sharing Rule," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 23(2), pages 723-756, June.
    13. Victor Ginsburgh & Juan D. Moreno‐Ternero, 2022. "Brexit and multilingualism in the European Union," Metroeconomica, Wiley Blackwell, vol. 73(2), pages 708-731, May.
    14. Ricardo Martínez & Juan D. Moreno‐Ternero, 2024. "Redistribution with needs," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 26(1), February.

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    More about this item

    Keywords

    Resource allocation; Broadcasting; Sports leagues; Compromise rules; Testable implications;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • H80 - Public Economics - - Miscellaneous Issues - - - General
    • Z20 - Other Special Topics - - Sports Economics - - - General

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