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.

MoreLess

Year of publication:	2007
Authors:	Feddersen, Arne ; Maennig, Wolfgang ; Zimmermann, Philipp
Publisher:	Hamburg : University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
Subject:	Olympic Games \| Bidding process \| Key success factors \| Binary logistical regression

More details

Series:	Hamburg Contemporary Economic Discussions ; 2
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
ISBN:	978-3-940369-19-2
Other identifiers:	560338430 [GVK] hdl:10419/25348 [Handle] RePEc:hce:wpaper:002 [RePEc]
Classification:	L83 - Sports; Gambling; Recreation; Tourism ; C25 - Discrete Regression and Qualitative Choice Models
Source:	EconStor

Persistent link: https://www.econbiz.de/10010263771