How to Win the Olympic Games – The Empirics of Key Success Factors of Olympic Bids
AbstractThis 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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Bibliographic InfoPaper provided by International Association of Sports Economists & North American Association of Sports Economists in its series Working Papers with number 0705.
Length: 18 pages
Date of creation: Apr 2007
Date of revision:
Olympic Games; Bidding process; Key success factors; Binary logistical regression;
Other versions of this item:
- Arne Feddersen & Wolfgang Maennig & Philipp Zimmermann, 2007. "How to Win the Olympic Games - The Empirics of Key Success Factors of Olympic Bids," Working Papers 002, Chair for Economic Policy, University of Hamburg.
- 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; Discrete Regressors; Proportions
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TWI Research Paper Series
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- Torberg Falch & Justina A.V. Fischer, 2010. "Public Sector Decentralization and School Performance: International Evidence," Working Papers 031, Chair for Economic Policy, University of Hamburg.
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"The impact of institutions on firms’ rejuvenation policies: Early retirement with severance pay versus simple lay-off. A Cross-European Analysis,"
20343, University Library of Munich, Germany.
- Justina A.V. Fischer & Alfonso Sousa-Poza, 2010. "The Impact of Institutions on Firms’ Rejuvenation Policies: Early Retirement with Severance Pay versus Simple Lay-Off. A Cross-European Analysis," Working Papers 034, Chair for Economic Policy, University of Hamburg.
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