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The Market for Olympic Gold Medals

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  • Stefan Szymanski

Abstract

From a national perspective the Sydney Olympics were almost completely predictable. Statistical modelling shows that population size and income per head provide an almost faultless method for identifying medal totals. However, it is probably the discrepancies that are most interesting– why do some countries outperform and others underperform? Cheating, through drug abuse, is one possible explanation considered in this article.

Suggested Citation

  • Stefan Szymanski, 2000. "The Market for Olympic Gold Medals," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 1(4), pages 207-214, October.
  • Handle: RePEc:wej:wldecn:42
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    File URL: http://www.world-economics-journal.com/Contents/ArticleOverview.aspx?ID=42
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    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Who will win the Olympics?
      by Economic Logician in Economic Logic on 2008-08-08 12:05:00

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    Cited by:

    1. Markus LANG & Alexander RATHKE & Marco RUNKEL, 2010. "The Economic Consequences Of Foreigner Rules In National Sports Leagues," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 31, pages 47-64.
    2. Vagenas, George & Vlachokyriakou, Eleni, 2012. "Olympic medals and demo-economic factors: Novel predictors, the ex-host effect, the exact role of team size, and the “population-GDP” model revisited," Sport Management Review, Elsevier, vol. 15(2), pages 211-217.
    3. Robert Hoffmann & Lee Chew Ging & Bala Ramasamy, 2002. "The Socio-Economic Determinants of International Soccer Performance," Journal of Applied Economics, Universidad del CEMA, vol. 5, pages 253-272, November.
    4. Helmut Dietl & Egon Franck & Martin Grossmann & Markus Lang, 2009. "Contest Theory and its Applications in Sports," Working Papers 0029, University of Zurich, Center for Research in Sports Administration (CRSA).

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