The empirics of key factors in the success of bids for olympic games
AbstractThis paper examines the probability of the success of city bid campaigns on the basis of quantified determinants for a total of 48 bids for the Summer Olympic Games between 1992 and 2012. Using a model comprising the distance of sporting venues from the Olympic Village, local temperatures and unemployment rates, we can correctly predict the decision for 100% of failed bids and 50% of successful bids.
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Bibliographic InfoArticle provided by Dalloz in its journal Revue d'économie politique.
Volume (Year): Volume 118 (2008)
Issue (Month): 2 ()
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Web page: http://www.cairn.info/revue-d-economie-politique.htm
Olympic Games; bidding process; key success factors; binary logistical regression;
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- Wladimir Andreff, 2012. "The winner's curse: why is the cost of sports mega-events so often underestimated?," UniversitÃ© Paris1 PanthÃ©on-Sorbonne (Post-Print and Working Papers) halshs-00703466, HAL.
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