Estimating the value of medal success in the Olympic Games

(Schätzung des Wertes eines Medaillenerfolgs bei den Olympischen Spielen)

We estimate Canadians` willingness to pay (WTP) for medals won by Team Canada in the 2010 Winter Olympic Games using data from contingent valuation method (CVM) surveys of nationally representative samples conducted before and after the Games. The results permit an assessment of Own the Podium, a government program designed to increase Canada`s medal count. International prestige and national pride are important determinants of WTP. The results are sensitive to cost and scope, respondents` beliefs about the effectiveness of the program, as measured by expected medal count. WTP estimates suggest that Own the Podium generated benefits above its cost to a degree unique in the growing literature of sport CVM studies.
© Copyright 2018 Journal of Sports Economics. SAGE Publications. Alle Rechte vorbehalten.

Bibliographische Detailangaben
Schlagworte:
Notationen:Organisationen und Veranstaltungen Sportgeschichte und Sportpolitik
Veröffentlicht in:Journal of Sports Economics
Sprache:Englisch
Veröffentlicht: 2018
Online-Zugang:https://doi.org/10.1177/1527002515626221
Jahrgang:19
Heft:3
Seiten:398-416
Dokumentenarten:Artikel
Level:hoch