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: C25 L83 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2007
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Citations: View citations in EconPapers (5)

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: https://EconPapers.repec.org/RePEc:hce:wpaper:002

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