Internet Archive Scholar

How to Win the Olympic Games - The Empirics of Key Success Factors of Olympic Bids

Arne Feddersen, Philipp Zimmermann, Wolfgang Maennig
2007 Social Science Research Network  

Preserved Fulltext

fulltext thumbnail
Web Archive Capture PDF (450.3 kB)
https://web.archive.org/web/20160705130442/http://college.holycross.edu:80/RePEc/spe/FeddersenMaennigZimmermann_OlympicBidding.pdf

A copy of this work was available on the public web and has been preserved in the Wayback Machine. The capture dates from 2016; you can also visit the original URL. The file type is application/pdf.

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. JEL Classification Codes: L83, C25 Abstract: This paper examines the probability of the
more » ... ess 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.
doi:10.2139/ssrn.1540592 fatcat:o2k64vrivzbujhlqqlslt23nqq
Citation

Arne Feddersen, Philipp Zimmermann, Wolfgang Maennig. "How to Win the Olympic Games - The Empirics of Key Success Factors of Olympic Bids." Social Science Research Network (2007)