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The empirics of key factors in the success of bids for olympic games

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Author Info

  • Arne Feddersen
  • Wolfgang Maennig
  • Philipp Zimmermann

Abstract

This 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 Info

Article provided by Dalloz in its journal Revue d'économie politique.

Volume (Year): Volume 118 (2008)
Issue (Month): 2 ()
Pages: 171-187

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Handle: RePEc:cai:repdal:redp_182_0171

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Web page: http://www.cairn.info/revue-d-economie-politique.htm

Related research

Keywords: Olympic Games; bidding process; key success factors; binary logistical regression;

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Cited by:
  1. Wladimir Andreff, 2012. "The winner's curse: why is the cost of sports mega-events so often underestimated?," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00703466, HAL.

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