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How to Win the Olympic Games – The Empirics of Key Success Factors of Olympic Bids

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Author Info
Arne Feddersen () (University of Hamburg)
Wolfgang Maennig () (University of Hamburg)
Philipp Zimmermann (University of Hamburg)

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Abstract

This paper examines the probability of the success of city bid campaigns on the basis of the quantified factors of a total of 43 bids for the Summer Olympic Games between 1992 and 2012. By using a model with the distance of the sporting venues to the Olympic Village, the local temperatures and unemployment rates, we can correctly predict the decision in 97 % of failed bids and in 60 % of successful bids.

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File URL: http://www.holycross.edu/departments/economics/RePEc/spe/FeddersenMaennigZimmermann_OlympicBidding.pdf
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Publisher Info
Paper provided by International Association of Sports Economists in its series Working Papers with number 0705.

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Length: 18 pages
Date of creation: Apr 2007
Date of revision:
Handle: RePEc:spe:wpaper:0705

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Web page: http://www.cdes.fr/index.php?id=fr69
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Related research
Keywords: Olympic Games; Bidding process; Key success factors; Binary logistical regression;

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Find related papers by JEL classification:
L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Recreation; Tourism
C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Robert Baade & Victor Matheson, 2000. "Bidding for the Olympics: Fools Gold?," IASE Conference Papers 0007, International Association of Sports Economists. [Downloadable!]
  2. Arne Feddersen & Wolfgang Maennig, 2005. "Trends in Competitive Balance: Is there Evidence for Growing Imbalance in Professional Sport Leagues?," Working Papers 0012005, Chair for Economic Policy, University of Hamburg. [Downloadable!]
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Loek Groot, 2008. "The Contest for Olympic Succes as a Public Good," Working Papers 08-34, Utrecht School of Economics. [Downloadable!]
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This page was last updated on 2009-11-7.


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