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Economics of the Name, Image, and Likeness Landscape

Payoffs, Social Norms, and the Collective Action Problem

Bibliographic Data

ID3759474
AuthorsThomas R Sadler (0000-0002-5869-4549, Western Illinois University, Macomb, IL, USA, corresponding author)
Year2024
Volume70
Issue1
Pages83-92
Publication date2024-03-03
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Behavioral Scientist (JOURNAL)
Journal identifiersISSN: 0002-7642 • E-ISSN: 1552-3381
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/00027642241235818
OpenAlexW4392372361
LanguageEN
References cited34

This article investigates the collective action problem in the name, image, and likeness (NIL) era. By allowing college athletes to profit from their NIL through endorsements, sponsorships, and social media presence, athletes may now receive unlimited monetary benefits for their participation in college sports. But a collection action problem exists. Although all universities benefit from the NIL landscape, they do not have to disclose their NIL data. In addressing this problem, the article finds that, when athletic departments are selfish, defection from a position of cooperation exists as a dominant strategy. An emerging social norm of information disclosure is insufficient to provide an incentive for disclosure

Action (physics) · Collective action · Economics · Epistemology · Mathematical economics · Microeconomics · Political science · Politics · Positive economics · Public economics · Sociology · Culture, Economy, and Development Studies · Economic Theory and Institutions · Experimental Behavioral Economics Studies · Law · Philosophy · Psychology · Social Psychology

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Highly citedNo

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