Ahlfeldt, Gabriel M. Maennig, Wolfgang Ölschläger, Michaela
Year of Publication:
Hamburg Contemporary Economic Discussions 30
This paper investigates the 2001 referendum on the Allianz-Arena, a professional soccer stadium in Munich, Germany, with respect to lifestyle-specific voter preferences. Using political party affiliation and milieu probabilities as proxy variables, we find that lifestyle-specific preferences, values and attitudes more significantly contribute to the explanation of voting outcome compared to traditional strata-orientated indicators of economic wealth. Thus, lifestyle, preferences, tastes and attitudes are not proportionally related to income. Results are robust to stadium proximity effects and spatial dependency.