4 thoughts on “Are football fans rational utility maximisers?”

  1. Posted 15/05/2018 at 21:22 | Permalink

    Try being a Leeds fan, Ryan.

  2. Posted 18/05/2018 at 10:23 | Permalink

    Good article at articulating the problem. Less impressive about the solution. My experience is that the joy of winning an important match is far greater for those fans who have faithful through the bad times. And sometimes, there is an addictive process at work. As an Arsenal season ticket holder, last season I was speaking with some Sunderland fans in the queue, midweek, for Arsenal tube. I asked them why they made the journey. They were genuinely puzzled and replied along the lines that they had no choice. It was as if they had to suffer this purgatory if they were ever fully to enjoy the promised land.

  3. Posted 21/05/2018 at 11:33 | Permalink

    Interesting article bringing forward a topic that people would consider as common sense, however, when looked at from a economic choice standpoint it really does create confusion as for some they are having a bad experience compared to others. For example, a season ticket holder for the Sacramento Kings basketball team currently are going to be leaving the stadium after games feeling more often than not a sense of anger and disappointed due to losing so often lately. When comes the point where the ticket holder chooses to not bother anymore, or decides that the opportunity cost that they originally missed out on is now actually more valuable than seeing their sports team lose. This obviously ranges depending on the sport and the constant or limited amount of excitement, Basketball being scoring a lot whereas soccer can eventually end 0 – 0.

    The idea that a gift at Christmas time can be a “social waste” is very true. Giving a Basketball supporter a basketball ticket has a much more valuable positive effect then if the same ticket is given to a football supporter.

    Justin Pickering

  4. Posted 20/06/2018 at 23:24 | Permalink

    Ryan, Isn’t this a variation on prospect theory that they have picked up? The asymmetry described mirroring the pricing of risk. Truly, it’s all about expectations.

Leave a Reply

Your e-mail address will not be published.