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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
1

The Economics of Hosting the Olympic Games: The Miscalculation of Cost-Benefit Analyses and Why Cities Continue to Bid

Mobilian, Zachary E 01 January 2016 (has links)
The Olympic Games have become one of the world’s largest and most popular sporting events. With its massive scale, the costs that come with hosting the Games are elevating to unprecedented levels, leaving host cities with massive financial debt. So why do cities continue to bid for the rights to host the Games? In this paper I will attempt to answer this question by providing an overview of the bidding process and the economic impact of the Games and I will argue that the costs of hosting the Olympics are often underestimated while the benefits are greatly overestimated. I will then provide an alternative direction for the Olympic movement.

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