Mega-Sporting Events as Experience Goods
This paper tests the hypothesis that a nation’s hosting of a mega-sporting event is an experience good for its residents. Applying data from an ex-ante and ex-post query based on contingent valuation methods, we use the Soccer World Cup 2006 as a natural experiment. The significant ex-post increase in valuation is shown to be due to adventitious citizens requiring an involving experience, rather than to an updating of a-prior assessment.
|Date of creation:||2007|
|Date of revision:|
|Publication status:||Published in Hamburg Contemporary Economic Discussions, Issue 05, 2007|
|Contact details of provider:|| Postal: Von-Melle-Park 5 D-20146 Hamburg|
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Web page: https://www.wiso.uni-hamburg.de/fachbereich-vwl/professuren/maennig.html
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200604, Chair for Economic Policy, University of Hamburg.
- Wolfgang Maennig & Florian Schwarthoff, 2008. "Stadium Architecture and Regional Economic Development: International Experience and the Plans of Durban," Working Papers 0816, International Association of Sports Economists;North American Association of Sports Economists.
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