Mega-sporting Events as Experience Goods

Malte Heyne, Wolfgang Maennig () and Bernd Süssmuth ()
Additional contact information
Malte Heyne: University of Bremen
Bernd Süssmuth: Munich University of Technology

No 706, Working Papers from International Association of Sports Economists

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)
New Economics Papers: this item is included in nep-cul, nep-pbe and nep-spo
Date: 2007-04
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http://www.holycross.edu/departments/economics/ReP ... smuth_MegaEvents.pdf (application/pdf)

Related works:
Working Paper: Mega-Sporting Events as Experience Goods (2007)
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Persistent link: http://EconPapers.repec.org/RePEc:spe:wpaper:0706

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