The Bidding Paradox
Why Politicians Favor Hosting Mega Sports Events Despite the Bleak Economic Prospects
Bibliographic Data
| ID | 2349256 |
|---|---|
| Authors | M De Nooij (0000-0003-0227-9992, corresponding author), Marcel Van Den Berg (0000-0002-6172-9589, Statistics Netherlands, Heerlen, The Netherlands) |
| Year | 2018 |
| Volume | 42 |
| Issue | 1 |
| Pages | 68-92 |
| Publication date | 2018-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Sport and Social Issues (JOURNAL) |
| Journal identifiers | ISSN: 0193-7235 • E-ISSN: 1552-7638 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0193723517748552 |
| OpenAlex | W2777263727 |
| Language | EN |
| Citations received | 3 |
| References cited | 42 |
Politicians generally favor hosting mega sports events despite the discouraging evidence of financial benefits or direct economic gain. This paradox is surveyed from two different perspectives. First, we weighed the merits of the most prominent methods of economic analysis of mega sports events. Then, we discuss the ways in which politicians still manage to infer positive gains from hosting this type of event from the literature. Next, we look at a range of frequently intangible effects that could be used in the public debate before submitting a bid but that, paradoxically, rarely are. The most promising of these is making the people proud and happy. However, economists have so far been incapable of adequately valuing the effect of hosting a mega sport event based on happiness. Second, we analyzed the political process parallel to preparing a bid to understand why politicians are persistently keen to host, despite the bleak economic prospects
Advertising · Bidding · Business · Economics · Event (particle physics · Happiness · Mega · Political economy · Political science · Politics · Public relations · Law · Sport and Mega-Event Impacts · Sports Analytics and Performance · Sports, Gender, and Society · Marketing
The Economics of Staging the Olympics
Underestimating Costs in Public Works Projects
The Theory of Economic Regulation
Mega-events and impacts on tourism; the predictions and realities of the Lillehammer Olympics
The Economic Impact of Major Sports Events
The impact of mega-sport events on tourist arrivals
The impact of the 2002 World Cup on South Korea
Change of images of South Korea among foreign tourists after the 2002 Fifa World Cup
National well-being and international sports events
The Quest for the Cup
The Olympic Effect
Anomalies
The Economics of Sports Facilities and Their Communities
The Use and Misuse of Economic Impact Analysis
| Unique citing works | 3 |
|---|---|
| Citations per year | 0,43 |
| Citation span | 2019 - 2025 (7) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 3 |