Willingness to Pay and Accept for Hosting Olympic Games in Germany

Athens Journal of Sports, Volume 7, Issue 3, September 2020, pp 189-204, https://doi.org/10.30958/ajspo.7-3-4

Posted: 19 Apr 2021

See all articles by Linn‐Brit Bakkenbüll

Linn‐Brit Bakkenbüll

University of Muenster - Institute for Organisational Economics

Alexander Dilger

University of Münster

Multiple version iconThere are 4 versions of this paper

Date Written: September 2020

Abstract

This empirical study investigates whether and how much individuals are willing to pay for hosting Olympic Games in Germany. Moreover, it is examined for the first time what individuals are willing to accept to host Olympic Games in their own country if they do not like that. Furthermore, this study identifies determinants that influence the willingness to pay (WTP) including the willingness to accept (WTA) for hosting Olympic Games in Germany. Extrapolations of the individual WTP and WTA show that, in the net aggregate, the German population is willing to pay €3.57 billion for hosting the Olympic Games in Germany.

Keywords: Contingent Valuation Method, Olympic Games, Willingness to Accept, Willingness to Pay

JEL Classification: D12, D61, D62, H41, H43, L83, Z20, Z38

Suggested Citation

Bakkenbüll, Linn‐Brit and Dilger, Alexander, Willingness to Pay and Accept for Hosting Olympic Games in Germany (September 2020). Athens Journal of Sports, Volume 7, Issue 3, September 2020, pp 189-204, https://doi.org/10.30958/ajspo.7-3-4, Available at SSRN: https://ssrn.com/abstract=3821651

Linn‐Brit Bakkenbüll

University of Muenster - Institute for Organisational Economics ( email )

Scharnhorststr. 100
Münster, D-48151
Germany

Alexander Dilger (Contact Author)

University of Münster ( email )

Institute for Organisational Economics
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Münster, D-48151
Germany
+49-251-83-25330 (Phone)
+49-251-83-28429 (Fax)

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