Economic analysis of the 12th man: should the fans be paid?
Luc Arrondel
Connectez-vous pour contacter l'auteur
- Fonction : Auteur correspondant
- PersonId : 181098
- IdHAL : luc-arrondel
- ORCID : 0000-0003-0189-0175
- IdRef : 031987877
Connectez-vous pour contacter l'auteur
Jean-Pascal Gayant
- Fonction : Auteur
Jean-François Laslier
- Fonction : Auteur
- PersonId : 10499
- IdHAL : jean-francois-laslier
- ORCID : 0000-0001-8334-1350
- IdRef : 069975124
Résumé
The paper provides a theoretical sports league model to study the pricing of tickets. It considers the trade-off between maximizing match day revenues, through high prices, and maximizing the support of the most demonstrative fans, through low prices. These spectators, the “ultras” contribute to the competitive level of the club along with team-level talent, and therefore indirectly increase the number of victories, hence the revenue from TV rights. We model the role of effusive spectators and show that, in a non-cooperative Nash equilibrium, it may be optimal for the club to subsidize their presence in order to take full advantage of the 12th man effect.
Domaines
Economies et financesFormat du dépôt | Fichier |
---|---|
Type de dépôt | Article dans une revue |
Titre |
en
Economic analysis of the 12th man: should the fans be paid?
|
Résumé |
en
The paper provides a theoretical sports league model to study the pricing of tickets. It considers the trade-off between maximizing match day revenues, through high prices, and maximizing the support of the most demonstrative fans, through low prices. These spectators, the “ultras” contribute to the competitive level of the club along with team-level talent, and therefore indirectly increase the number of victories, hence the revenue from TV rights. We model the role of effusive spectators and show that, in a non-cooperative Nash equilibrium, it may be optimal for the club to subsidize their presence in order to take full advantage of the 12th man effect.
|
Auteur(s) |
Luc Arrondel
1, 2
, Jean-Pascal Gayant
3, 4
, Jean-François Laslier
1, 2
1
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
2
PJSE -
Paris Jourdan Sciences Economiques
( 578027 )
- 48 boulevard Jourdan 75014 Paris
- France
3
IUT de Saint Malo -
IUT de Saint Malo
( 462877 )
- France
4
CREM -
Centre de recherche en économie et management
( 894 )
- 7 place Hoche, BP 86514
35065 RENNES CEDEX
- France
|
Public visé |
Scientifique
|
Langue du document |
Anglais
|
Nom de la revue |
|
Date de publication |
2023
|
Volume |
3
|
Page/Identifiant |
100017
|
Vulgarisation |
Non
|
Comité de lecture |
Oui
|
Audience |
Internationale
|
Projet(s) ANR |
|
Financement |
|
Domaine(s) |
|
Référence interne |
|
Mots-clés |
en
Sports Economics, Ticket pricing, TV rights, supporters
|
DOI | 10.1016/j.serev.2023.100017 |
Fichier sous embargo
Fichier sous embargo
0 | ― | 4 | ― | 0 |
Année | Mois | Jour |
Fin d'embargo le jeudi 29 août 2024
Loading...