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

Arne Feddersen (), Wolfgang Maennig () and Philipp Zimmermann ()

No 2, Working Papers from Chair for Economic Policy, University of Hamburg

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)
JEL-codes: L83 C25 (search for similar items in EconPapers)
Date: 2007
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Published in Hamburg Contemporary Economic Discussions, Issue 02, 2007

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http://www.hced.uni-hamburg.de/WorkingPapers/200702.pdf First version, 2007 (application/pdf)

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Working Paper: How to Win the Olympic Games – The Empirics of Key Success Factors of Olympic Bids (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:hce:wpaper:002

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