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The bidding paradox: why economists, consultants and politicians disagree on the economic effects of mega sports events but might agree on their attractiveness

Author

Listed:
  • M.R. van den Berg
  • M. de Nooij
Abstract
The ambition to host mega sports events is (or can be) perfectly justifiable with various arguments. The most persistently used argument is the supposed financial or direct economic gain for the host economy, of which the compelling body of evidence is discouraging. This implies that the justification for hosting should come from a different, broader economic angle. This paper provides a critical discussion of the myriad of economic and frequently intangible effects that could be put forward in the public debate preceding the submission of a bid. Paradoxically, most of these effects are not, or infrequently employed in public debates.

Suggested Citation

  • M.R. van den Berg & M. de Nooij, 2013. "The bidding paradox: why economists, consultants and politicians disagree on the economic effects of mega sports events but might agree on their attractiveness," Working Papers 13-08, Utrecht School of Economics.
    • Handle: RePEc:use:tkiwps:1308
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    File URL: https://dspace.library.uu.nl/bitstream/handle/1874/309786/13_08_2.pdf
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    References listed on IDEAS

    as
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    Keywords

    Bidding; mega sport events; Olympic games; economics; fun and pride;
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