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How big is home advantage at the Olympic Games?

Author

Listed:
  • Carl Singleton

    (Department of Economics, University of Reading)

  • J. James Reade

    (Department of Economics, University of Reading)

  • Johan Rewilak

    (Department of Economics, Finance and Entrepreneurship, Aston University)

  • Dominik Schreyer

    (Wissenschaftliche Hochschule für Unternehmensführung (WHU))

Abstract

We revisit the magnitude of home advantage at the Summer and Winter Olympic Games, looking back all the way to Athens in 1896. By comparing a host country’s success with their performances in previous and subsequent games, we find that home advantage has declined over time as participation and the diversity of competition have increased. Hosts of the Summer Olympics between 1988 and 2016 enjoyed a two-percentage-point boost in their shares of medals and finalists, compared with their performances overseas, in both men's and women's events. In this same contemporary period, the home advantage effect at the Winter Olympics was around fifty percent larger in men's events but non-existent in women's events. We also find evidence of significant performance spill overs on the previous and next Olympiads for countries when they hosted the Summer Games.

Suggested Citation

  • Carl Singleton & J. James Reade & Johan Rewilak & Dominik Schreyer, 2021. "How big is home advantage at the Olympic Games?," Economics Discussion Papers em-dp2021-13, Department of Economics, University of Reading.
  • Handle: RePEc:rdg:emxxdp:em-dp2021-13
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    File URL: https://www.reading.ac.uk/web/files/economics/emdp202113.pdf
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    References listed on IDEAS

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    Cited by:

    1. Schlembach, Christoph & Schmidt, Sascha L. & Schreyer, Dominik & Wunderlich, Linus, 2022. "Forecasting the Olympic medal distribution – A socioeconomic machine learning model," Technological Forecasting and Social Change, Elsevier, vol. 175(C).
    2. Asmat, Roberto & Borowiecki, Karol J. & Law, Marc T., 2023. "Do experts and laypersons differ? Some evidence from international classical music competitions," Journal of Economic Behavior & Organization, Elsevier, vol. 214(C), pages 270-290.
    3. Carl Singleton & J. James Reade & Dominik Schreyer, 2023. "A decade of violence and empty stadiums in Egypt: when does emotion from the terraces affect behaviour on the pitch?," Empirical Economics, Springer, vol. 65(3), pages 1487-1507, September.

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    More about this item

    Keywords

    Attendance; Gender economics; Home bias; Major sport events; Olympic Games; Referee bias; Sports economics;
    All these keywords.

    JEL classification:

    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • Z2 - Other Special Topics - - Sports Economics

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