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Towards More Fairness: Forbid IOC Vote Trading

Author

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  • Frank Daumann
  • Alfred Wassermann
  • Anne C. Wunderlich

Abstract

Vote trading within the International Olympic Committee (IOC) is important given that several past decisions on who will host the Olympic Games were accompanied by allegations of corruption scandals. Therefore, this paper will discuss the possibility of vote trading within the IOC, which would be one of the most practicable ways to reform the IOC. First, we analyze if a market for votes would be established with the introduction of vote trading. Second, we examine whether the outcome of the decision-making process of the IOC members would change. If our assumptions are fulfilled we can conclude that a market for votes will be established. This condition tends to result in a traditional host city of the Olympic Games.

Suggested Citation

  • Frank Daumann & Alfred Wassermann & Anne C. Wunderlich, 2013. "Towards More Fairness: Forbid IOC Vote Trading," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 59(4), pages 295-309.
    • Handle: RePEc:aeq:aeqaeq:v59_y2013_i4_q4_p295-309
    DOI: 10.3790/aeq.59.4.295
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    Cited by:

    1. Dagaev, D., 2018. "Decision-Making in International Sports Organizations - a Survey," Journal of the New Economic Association, New Economic Association, vol. 40(4), pages 167-174.

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