How to Win the Olympic Games - The Empirics of Key Success Factors of Olympic Bids
This paper examines the probability of the success of city bid campaigns on the basis of quantified determinants for a total of 48 bids for the Summer Olympic Games between 1992 and 2012. Using a model comprising the distance of sporting venues from the Olympic Village, local temperatures and unemployment rates, we can correctly predict the decision for 100% of failed bids and 50% of successful bids.
|Date of creation:||2007|
|Date of revision:|
|Publication status:||Published in Hamburg Contemporary Economic Discussions, Issue 02, 2007|
|Contact details of provider:|| Postal: Von-Melle-Park 5 D-20146 Hamburg|
Fax: 49 (0)40 / 4123-6322
Web page: http://www.hced.uni-hamburg.de/
More information through EDIRC
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.:
- Robert Baade & Victor Matheson, 2000. "Bidding for the Olympics: Fools Gold?," IASE Conference Papers 0007, International Association of Sports Economists.
- Wolfgang Maennig, 2002. "On the Economics of Doping and Corruption in International Sports," Journal of Sports Economics, , vol. 3(1), pages 61-89, February.
- 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.
When requesting a correction, please mention this item's handle: RePEc:hce:wpaper:002. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wolfgang Maennig)
If references are entirely missing, you can add them using this form.