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 aprior assessment.

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Year of publication:	2007
Authors:	Heyne, Malte ; Maennig, Wolfgang ; Süssmuth, Bernd
Publisher:	Hamburg : University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy
Subject:	Experience goods \| contingent valuation method \| World Cup

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Series:	Hamburg Contemporary Economic Discussions ; 5
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
ISBN:	978-3-940369-25-3
Other identifiers:	56034225X [GVK] hdl:10419/25351 [Handle] RePEc:hce:wpaper:005 [RePEc]
Classification:	L83 - Sports; Gambling; Recreation; Tourism ; Q26 - Recreational Aspects of Natural Resources ; H49 - Publicly Provided Goods. Other
Source:	EconStor

Persistent link: https://www.econbiz.de/10010263772