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How to Win the Olympic Games – The Empirics of Key Success Factors of Olympic Bids

  • Arne Feddersen

    ()

    (University of Hamburg)

  • Wolfgang Maennig

    ()

    (University of Hamburg)

  • Philipp Zimmermann

    (University of Hamburg)

This 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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File URL: http://college.holycross.edu/RePEc/spe/FeddersenMaennigZimmermann_OlympicBidding.pdf
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Paper provided by International Association of Sports Economists & North American Association of Sports Economists in its series Working Papers with number 0705.

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Length: 18 pages
Date of creation: Apr 2007
Date of revision:
Handle: RePEc:spe:wpaper:0705
Contact details of provider: Web page: http://www.cdes.fr/index.php?id=fr69

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Web page: http://www.kennesaw.edu/naase

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  1. 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.
  2. Wolfgang Maennig, 2002. "On the Economics of Doping and Corruption in International Sports," Journal of Sports Economics, , vol. 3(1), pages 61-89, February.
  3. Robert Baade & Victor Matheson, 2000. "Bidding for the Olympics: Fools Gold?," IASE Conference Papers 0007, International Association of Sports Economists.
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