Econometric modelling of Winter Olympic Games to explain sporting outcomes with economic variables, then predicting the medal distribution at the next Games, Sochi 2014.

An econometric model which has first been estimated on medal wins at Summer Olympics and has predicted 88% of medal distribution at Beijing Games 2008, is revisited for Winter Olympics. After changing some variables to take into account the winter sports specificity, the model is estimated again...

Starting from observed facts in European football, a disequilibrium model of a team sport league with win maximising teams under a soft budget constraint is elaborated on. Three markets are modelled: a market for players' talents, a market for fan attendance, and a market for televised sport...

La comparaison des coûts ex ante (annoncés) et des coûts ex post (réalisés) sur l'échantillon de tous les Jeux Olympiques vérifie l'existence d'une 'winner's curse' (malédiction du gagnant de l'enchère) qui explique le dépassement systématique des coûts. Sotchi 2014 n'y échappera pas.

Auction theory, when the bidders do not know the value of what is auctionned, is used to explain how the Olympic Games are allocated to competing bidding cities. It is a centralized allocation process with asymmetric information which usually comes out with a winner's curse. Various indicators...