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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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Citations: View citations in EconPapers (9)

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