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Decentralized revenue sharing from broadcasting sports

Author

Listed:
  • Gustavo Bergantiños

    (Universidade de Vigo, ECOSOT)

  • Juan D. Moreno-Ternero

    (Universidad Pablo de Olavide)

Abstract

We study the problem of sharing the revenues from broadcasting sports leagues among participating clubs. First, we characterize the set of rules satisfying two basic axioms: anonymity and additivity. Then, we decentralize the problem by letting clubs vote for rules. No majority equilibrium exists when they are allowed to vote for any rule within the characterized set. However, if the set is restricted in a meaningful and plausible way (just replacing anonymity by equal treatment of equals), majority equilibrium does exist.

Suggested Citation

  • Gustavo Bergantiños & Juan D. Moreno-Ternero, 2023. "Decentralized revenue sharing from broadcasting sports," Public Choice, Springer, vol. 194(1), pages 27-44, January.
    • Handle: RePEc:kap:pubcho:v:194:y:2023:i:1:d:10.1007_s11127-022-01015-y
    DOI: 10.1007/s11127-022-01015-y
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    Cited by:

    1. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2020. "Broadcasting La Liga," MPRA Paper 104750, University Library of Munich, Germany.
    2. 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.
    3. 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.
    4. Ricardo Martínez & Juan D. Moreno‐Ternero, 2024. "Redistribution with needs," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 26(1), February.
    5. Gustavo Bergantinos & Juan D. Moreno-Ternero, 2023. "Anonymity in sharing the revenues from broadcasting sports leagues," Papers 2303.17897, arXiv.org.

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    More about this item

    Keywords

    Resource allocation; Broadcasting problems; Voting; Majority; Anonymity;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games
    • Z20 - Other Special Topics - - Sports Economics - - - General

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