Mega-Sporting Events as Experience Goods

Malte Heyne (), Wolfgang Maennig () and Bernd Suessmuth ()
Additional contact information
Malte Heyne: Hamburg Chamber of Commerce
Bernd Suessmuth: TUM - Munich University of Technology, Department of Business and Economics

No 5, Working Papers from Chair for Economic Policy, University of Hamburg

Abstract: This paper tests the hypothesis that a nation’s hosting of a mega-sporting event is an experience good for its residents. Applying data from an ex-ante and ex-post query based on contingent valuation methods, we use the Soccer World Cup 2006 as a natural experiment. The significant ex-post increase in valuation is shown to be due to adventitious citizens requiring an involving experience, rather than to an updating of a-prior assessment.

Keywords: Experience goods; contingent valuation method; World Cup (search for similar items in EconPapers)
JEL-codes: L83 Q26 H49 (search for similar items in EconPapers)
Date: 2007
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Published in Hamburg Contemporary Economic Discussions, Issue 05, 2007

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http://www.hced.uni-hamburg.de/WorkingPapers/HCED_05.pdf First version, 2007 (application/pdf)

Related works:
Working Paper: Mega-sporting Events as Experience Goods (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:hce:wpaper:005

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