Abstract

http://ssrn.com/abstract=588882
 
 

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Economic Incentives of the Olympic Games


Alexander Matros


Moore School of Business

Soiliou Daw Namoro


University of Pittsburgh - Department of Economics

September 9, 2004



Abstract:     
We provide a game-theoretic analysis of countries strategic allocations of resources among different sports and athletes performance at the Olympic Games. Individuals face opportunity costs of spending efforts and countries maximize their expected number of medals. We suggest several proxy variables for country-specific costs and test the predictions of the model using the summer Olympic Games data for 1960-2004.

Number of Pages in PDF File: 20

Keywords: Tournaments, Olympic Games, Strategic Budget Allocation

JEL Classification: C79, C53

working papers series


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Date posted: September 13, 2004  

Suggested Citation

Matros, Alexander and Namoro, Soiliou Daw, Economic Incentives of the Olympic Games (September 9, 2004). Available at SSRN: http://ssrn.com/abstract=588882 or http://dx.doi.org/10.2139/ssrn.588882

Contact Information

Alexander Matros
Moore School of Business ( email )
The Francis M. Hipp Building
1705 College Street
Columbia, SC 29208
United States
Soiliou Daw Namoro (Contact Author)
University of Pittsburgh - Department of Economics ( email )
Pittsburgh, PA 15260
United States
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References:  11
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