Ex ante and ex post willingness to pay for hosting a large international sport event
Using the contingent valuation method, we estimate residents` ex ante and ex post willingness to pay (WTP) for hosting a large international sport event: The "big start" of the 2016 Giro d`Italia, which was held in the Gelderland region of the Netherlands. The percentage of residents with a positive WTP changed from 29.7% before the event to 39.3% immediately after the event, while average WTP increased significantly from €3.58 to €4.45, leading to an increase of residents` valuation from €5.8 million to €7.1 million. Additionally, following the event in the media and attending the event play an important role in explaining residents` WTP.
© Copyright 2019 Journal of Sports Economics. SAGE Publications. All rights reserved.
| Subjects: | |
|---|---|
| Notations: | organisations and events management and organisation of sport endurance sports |
| Tagging: | Ausrichter |
| Published in: | Journal of Sports Economics |
| Language: | English |
| Published: |
2019
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| Online Access: | https://doi.org/10.1177/1527002518771445 |
| Volume: | 20 |
| Issue: | 2 |
| Pages: | 159-176 |
| Document types: | article |
| Level: | advanced |