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Title:How to win the Olympic Games: the empirics of key success factors of Olympic bids PDF Logo
Authors:Feddersen, Arne
Maennig, Wolfgang
Zimmermann, Philipp
Issue Date:2007
Series/Report no.:Hamburg contemporary economic discussions 2
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.
Subjects:Olympic Games
Bidding process
Key success factors
Binary logistical regression
JEL:L83
C25
ISBN:978-3-940369-19-2
Document Type:Working Paper
Appears in Collections:Hamburg Contemporary Economic Discussions, Lehrstuhl für Wirtschaftspolitik, Universität Hamburg

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