Searcharxiv⌕ Search

arXiv subjects

Gustavo Bergantiños

Publications and source records attributed to Gustavo Bergantiños.

6 recordsLinked to original sources

The economics of sportscast revenue sharing

Sports are one of the most significant products of the entertainment industry, accounting for a large portion of all television (and even platform) viewing. Consequently, the sale of broadcasting and media rights is the most important source of revenue for professional sports clubs. We survey the economic literature dealing with this issue, with a special emphasis on the crucial problem that arises with the allocation of revenues when they are raised from the collective sale of broadcasting rights.

econ.TH↗

Applying an axiomatic approach to revenue allocation in airlines problems

The International Air Transport Association (IATA) states that the revenue from interline tickets must be shared among the different airlines according to a weighted system. We analyze this problem following an axiomatic approach, and our theoretical results support IATA's procedure. Our first result justifies the use of a weighted system, but it does not specify which weights should be applied. Assuming that the weights are fixed, we provide several results that further support the use of IATA's mechanism. Finally, we provide results for the case in which all flights can be considered equivalent and no weighting is required.

econ.TH↗

New methods to compensate artists in music streaming platforms

We study the problem of measuring the popularity of artists in music streaming platforms and the ensuing methods to compensate them (from the revenues platforms raise by charging users). We uncover the space of popularity indices upon exploring the implications of several axioms capturing principles with normative appeal. As a result, we characterize several families of indices. Some of them are intimately connected to the Shapley value, the central tool in cooperative game theory. Our characterizations might help to address the rising concern in the music industry to explore new methods that reward artists more appropriately. We actually connect our families to the new royalties models, recently launched by Spotify and Deezer.

econ.TH↗

Streaming problems as (multi-issue) claims problems

We study the problem of allocating the revenues raised via paid subscriptions to music streaming platforms among participating artists. We show that the main methods to solve streaming problems (pro-rata, user-centric and families generalizing them) can be seen as specific (well-known) rules to solve (multi-issue) claims problems. Our results permit to provide strong links between the well-established literature on claims problems and the emerging literature on streaming problems.

econ.TH↗

The Shapley index for music streaming platforms

We study an index to measure the popularity of artists in music streaming platforms. This index, which can be used to allocate the amount raised via paid subscriptions among participating artists, is based on the Shapley value, a centerpiece in cooperative game theory. We characterize this Shapley index combining several axioms formalizing principles with normative appeal. This permits to place the index in the literature, as an alternative to the well-known (and widely used in the industry) pro-rata and user-centric indices.

econ.TH↗

Revenue sharing at music streaming platforms

We study the problem of sharing the revenues raised from subscriptions to music streaming platforms among content providers. We provide direct, axiomatic and game-theoretical foundations for two focal (and somewhat polar) methods widely used in practice: pro-rata and user-centric. The former rewards artists proportionally to their number of total streams. With the latter, each user's subscription fee is proportionally divided among the artists streamed by that user. We also provide foundations for a family of methods compromising among the previous two, which addresses the rising concern in the music industry to explore new streaming models that better align the interests of artists, fans and streaming services.

econ.TH↗