Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/25348 
Year of Publication: 
2007
Series/Report no.: 
Hamburg Contemporary Economic Discussions No. 2
Publisher: 
University of Hamburg, Faculty of Business, Economics and Social Sciences, Chair for Economic Policy, 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.
Subjects: 
Olympic Games
Bidding process
Key success factors
Binary logistical regression
JEL: 
L83
C25
ISBN: 
978-3-940369-19-2
Document Type: 
Working Paper

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