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.

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Year of publication:	2007
Authors:	Feddersen, Arne ; Maennig, Wolfgang ; Zimmermann, Philipp
Institutions:	Institut für Außenhandel und Wirtschaftsintegration, Fachbereich Volkswirtschaftslehre
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:	Published in Hamburg Contemporary Economic Discussions, Issue 02, 2007 Number 002 21 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/10005051631