The Right To Host The Olympic Games Should Be Auctioned To The Highest Bidder
AbstractApproximately once every two years the ninety odd members of the Inetrnational Olumpic Committee (IOC) meet to choose which city will host either the Summer or Winter Olympic Games. The current method of choosing a city to host the Olumpic Games is extremely wasteful. If the Games were awarded to the highest bidder in an auction these funds could be used in a far more useful way.
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Bibliographic InfoPaper provided by Melbourne - Centre in Finance in its series Papers with number 97-1.
Length: 6 pages
Date of creation: 1997
Date of revision:
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Postal: Centre in Finance, Department of Economics and Finance, Faculty of Business, RMIT GPO Box 2476V Melbourne, Vic 3000 Australia.
Phone: +61 3 9925 5858
Fax: +61 3 9925 5986
Web page: http://www.rmit.edu.au/bus/ecofin
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