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 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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Year of publication:	2007-04
Authors:	Feddersen, Arne ; Maennig, Wolfgang ; Zimmermann, Philipp
Institutions:	International Association of Sport Economists - IASE ; North American Association of Sports Economists - NAASE
Subject:	Olympic Games \| Bidding process \| Key success factors \| Binary logistical regression

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 0705 18 pages
Classification:	L83 - Sports; Gambling; Recreation; Tourism ; C25 - Discrete Regression and Qualitative Choice Models
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005687882