The empirics of key factors in the success of bids for olympic games
Arne Feddersen,
Wolfgang Maennig and
Philipp Zimmermann
Revue d'économie politique, 2008, vol. 118, issue 2, 171-187
Abstract:
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.
Keywords: Olympic Games; bidding process; key success factors; binary logistical regression (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:cai:repdal:redp_182_0171
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