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How to Win the Olympic Games – The Empirics of Key Success Factors of Olympic Bids

By Arne Feddersen, Wolfgang Maennig and Philipp Zimmermann

Abstract

This paper examines the probability of the success of city bid campaigns on the basis of the quantified factors of a total of 43 bids for the Summer Olympic Games between 1992 and 2012. By using a model with the distance of the sporting venues to the Olympic Village, the local temperatures and unemployment rates, we can correctly predict the decision in 97 % of failed bids and in 60 % of successful bids.Olympic Games, Bidding process, Key success factors, Binary logistical regression

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