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Decentralized revenue sharing from broadcasting sports

Author

Listed:
  • Gustavo Bergantiños

    (ECOSOT, Universidade de Vigo)

  • Juan D. Moreno-Ternero

    (Department of Economics, 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 letting clubs vote for rules. No majority equilibrium exists when they are allowed to vote for any rule within the characterized set. Nevertheless, 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," Working Papers 23.02, Universidad Pablo de Olavide, Department of Economics.
    • Handle: RePEc:pab:wpaper:23.02
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    File URL: http://www.upo.es/serv/bib/wps/econ2302.pdf
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. 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.
    2. Bergantiños, Gustavo & Moreno-Ternero, Juan D., 2020. "Broadcasting La Liga," MPRA Paper 104750, University Library of Munich, Germany.
    3. Ricardo Martínez & Juan D. Moreno‐Ternero, 2024. "Redistribution with needs," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 26(1), February.
    4. 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.
    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.

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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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