IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/97413.html
   My bibliography  Save this paper

Allocating extra revenues from broadcasting sports leagues

Author

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

Abstract

We consider the problem of sharing the revenues from broadcasting sports leagues among participating teams. We introduce axioms formalizing alternative ways of allocating the extra revenue obtained from additional viewers. We show that, combined with some other standard axioms, they provide axiomatic characterizations of three focal rules for this problem: the uniform rule, the equal-split rule and concede-and-divide.

Suggested Citation

  • Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2019. "Allocating extra revenues from broadcasting sports leagues," MPRA Paper 97413, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:97413
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/97413/1/MPRA_paper_97413.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2019. "A family of rules to share the revenues from broadcasting sport events," MPRA Paper 94310, University Library of Munich, Germany, revised 04 Jun 2019.
    2. Algaba, Encarnación & Fragnelli, Vito & Llorca, Natividad & Sánchez-Soriano, Joaquin, 2019. "Horizontal cooperation in a multimodal public transport system: The profit allocation problem," European Journal of Operational Research, Elsevier, vol. 275(2), pages 659-665.
    3. Juan D Moreno-Ternero & John E Roemer, 2006. "Impartiality, Priority, and Solidarity in the Theory of Justice," Econometrica, Econometric Society, vol. 74(5), pages 1419-1427, September.
    4. Ginsburgh, Victor & Zang, Israel, 2003. "The museum pass game and its value," Games and Economic Behavior, Elsevier, vol. 43(2), pages 322-325, May.
    5. Moreno-Ternero, Juan D. & Roemer, John E., 2012. "A common ground for resource and welfare egalitarianism," Games and Economic Behavior, Elsevier, vol. 75(2), pages 832-841.
    6. Algaba, Encarnación & Béal, Sylvain & Fragnelli, Vito & Llorca, Natividad & Sánchez-Soriano, Joaquin, 2019. "Relationship between labeled network games and other cooperative games arising from attributes situations," Economics Letters, Elsevier, vol. 185(C).
    7. Hu, Cheng-Cheng & Tsay, Min-Hung & Yeh, Chun-Hsien, 2012. "Axiomatic and strategic justifications for the constrained equal benefits rule in the airport problem," Games and Economic Behavior, Elsevier, vol. 75(1), pages 185-197.
    8. A. van den Nouweland & P. Borm & W. van Golstein Brouwers & R. Groot Bruinderink & S. Tijs, 1996. "A Game Theoretic Approach to Problems in Telecommunication," Management Science, INFORMS, vol. 42(2), pages 294-303, February.
    9. van den Brink, Rene, 2007. "Null or nullifying players: The difference between the Shapley value and equal division solutions," Journal of Economic Theory, Elsevier, vol. 136(1), pages 767-775, September.
    10. Casajus, André & Huettner, Frank, 2013. "Null players, solidarity, and the egalitarian Shapley values," Journal of Mathematical Economics, Elsevier, vol. 49(1), pages 58-61.
    11. Tijs, S.H., 1987. "An axiomatization of the ô-value," Other publications TiSEM 5536ac66-86f3-49fb-9e7d-2, Tilburg University, School of Economics and Management.
    12. Bergantinos, Gustavo & Vidal-Puga, Juan J., 2007. "A fair rule in minimum cost spanning tree problems," Journal of Economic Theory, Elsevier, vol. 137(1), pages 326-352, November.
    13. SCHMEIDLER, David, 1969. "The nucleolus of a characteristic function game," LIDAM Reprints CORE 44, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    14. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2015. "The axiomatic approach to the problem of sharing the revenue from museum passes," Games and Economic Behavior, Elsevier, vol. 89(C), pages 78-92.
    15. 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.
    16. S. C. Littlechild & G. Owen, 1973. "A Simple Expression for the Shapley Value in a Special Case," Management Science, INFORMS, vol. 20(3), pages 370-372, November.
    17. René Brink & Yukihiko Funaki & Yuan Ju, 2013. "Reconciling marginalism with egalitarianism: consistency, monotonicity, and implementation of egalitarian Shapley values," Social Choice and Welfare, Springer;The Society for Social Choice and Welfare, vol. 40(3), pages 693-714, March.
    18. Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
    19. Trudeau, Christian, 2012. "A new stable and more responsive cost sharing solution for minimum cost spanning tree problems," Games and Economic Behavior, Elsevier, vol. 75(1), pages 402-412.
    20. Casajus, André, 2018. "Sign symmetry vs symmetry: Young’s characterization of the Shapley value revisited," Economics Letters, Elsevier, vol. 169(C), pages 59-62.
    21. Gustavo Bergantiños & Juan D. Moreno-Ternero, 2020. "Sharing the Revenues from Broadcasting Sport Events," Management Science, INFORMS, vol. 66(6), pages 2417-2431, June.
    22. André Casajus & Koji Yokote, 2019. "Weakly differentially monotonic solutions for cooperative games," International Journal of Game Theory, Springer;Game Theory Society, vol. 48(3), pages 979-997, September.
    23. Tijs, Stef H., 1987. "An axiomatization of the [tau]-value," Mathematical Social Sciences, Elsevier, vol. 13(2), pages 177-181, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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. 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.
    6. 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.
    7. G. Bergantiños & Juan D. Moreno-Ternero, 2024. "Anonymity in sharing the revenues from broadcasting sports leagues," Annals of Operations Research, Springer, vol. 336(3), pages 1395-1417, May.
    8. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2022. "Separable rules to share the revenues from broadcasting sports leagues," Economics Letters, Elsevier, vol. 211(C).
    9. 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.
    10. Zou, Zhengxing & Tan, Zhibin, 2023. "Axiomatizations of convex compromise rules for redistribution of non-negative income," Economics Letters, Elsevier, vol. 229(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. 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.
    2. 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.
    3. G. Bergantiños & Juan D. Moreno-Ternero, 2024. "Anonymity in sharing the revenues from broadcasting sports leagues," Annals of Operations Research, Springer, vol. 336(3), pages 1395-1417, May.
    4. Bergantiños, Gustavo & Vidal-Puga, Juan, 2020. "Cooperative games for minimum cost spanning tree problems," MPRA Paper 104911, University Library of Munich, Germany.
    5. Gustavo Bergantiños & Juan D. Moreno-Ternero, 2020. "Sharing the Revenues from Broadcasting Sport Events," Management Science, INFORMS, vol. 66(6), pages 2417-2431, June.
    6. Gustavo Bergantiños & Juan Vidal-Puga, 2021. "A review of cooperative rules and their associated algorithms for minimum-cost spanning tree problems," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 12(1), pages 73-100, March.
    7. Alcalde-Unzu, Jorge & Moreno-Ternero, Juan D. & Weber, Shlomo, 2022. "The measurement of the value of a language," Journal of Economic Theory, Elsevier, vol. 203(C).
    8. van den Brink, René & Chun, Youngsub & Funaki, Yukihiko & Zou, Zhengxing, 2023. "Balanced externalities and the proportional allocation of nonseparable contributions," European Journal of Operational Research, Elsevier, vol. 307(2), pages 975-983.
    9. 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.
    10. Gustavo Berganti~nos & Juan D. Moreno-Ternero, 2023. "Revenue sharing at music streaming platforms," Papers 2310.11861, arXiv.org.
    11. Casajus, André & Huettner, Frank, 2014. "Weakly monotonic solutions for cooperative games," Journal of Economic Theory, Elsevier, vol. 154(C), pages 162-172.
    12. Trudeau, Christian & Vidal-Puga, Juan, 2020. "Clique games: A family of games with coincidence between the nucleolus and the Shapley value," Mathematical Social Sciences, Elsevier, vol. 103(C), pages 8-14.
    13. 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.
    14. Rene van den Brink & Youngsub Chun & Yukihiko Funaki & Zhengxing Zou, 2021. "Balanced Externalities and the Proportional Allocation of Nonseparable Contributions," Tinbergen Institute Discussion Papers 21-024/II, Tinbergen Institute.
    15. Gustavo Bergantiños & Juan D. Moreno-Ternero, 2023. "Decentralized revenue sharing from broadcasting sports," Public Choice, Springer, vol. 194(1), pages 27-44, January.
    16. Ricardo Martínez & Joaquín Sánchez-Soriano, 2021. "Social solidarity with dummies in the museum pass problem," ThE Papers 21/11, Department of Economic Theory and Economic History of the University of Granada..
    17. R. Pablo Arribillaga & G. Bergantiños, 2022. "Cooperative and axiomatic approaches to the knapsack allocation problem," Annals of Operations Research, Springer, vol. 318(2), pages 805-830, November.
    18. Fatemeh Babaei & Hamidreza Navidi & Stefano Moretti, 2022. "A bankruptcy approach to solve the fixed cost allocation problem in transport systems," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 30(2), pages 332-358, July.
    19. Gustavo Bergantiños & Juan D. Moreno-Ternero, 2019. "A family of rules to share the revenues from broadcasting sport events," Working Papers 19.07, Universidad Pablo de Olavide, Department of Economics.
    20. René Van Den Brink & Agnieszka Rusinowska, 2023. "Degree Centrality, von Neumann-Morgenstern Expected Utility and Externalities in Networks," Documents de travail du Centre d'Economie de la Sorbonne 23012r, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne, revised Jun 2024.

    More about this item

    Keywords

    resource allocation; broadcasting; sports leagues; axioms; extra revenues;
    All these keywords.

    JEL classification:

    • C71 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Cooperative Games

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:97413. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.