Cost and Revenue Overruns of the Olympic Games 2000-2018.

By: Preu�, HolgerContributor(s): Andreff, Wladimir | Weitzmann, MaikeMaterial type: TextTextSeries: Event- und Impaktforschung SeriesPublisher: Wiesbaden : Springer Vieweg. in Springer Fachmedien Wiesbaden GmbH, 2019Copyright date: {copy}2019Edition: 1st edDescription: 1 online resource (206 pages)Content type: text Media type: computer Carrier type: online resourceISBN: 9783658249960Genre/Form: Electronic books.Additional physical formats: Print version:: Cost and Revenue Overruns of the Olympic Games 2000-2018LOC classification: GV716Online resources: Click to View
Contents:
Intro -- Contents -- Executive Summary -- List of Abbreviations -- List of Tables -- List of Figures -- 1 Introduction -- 2 Literature Review -- 2.1 Cost Overruns in General -- 2.1.1 What are Cost Overruns? -- 2.2.2 Cost Overruns in Mega Projects and at Olympic Games -- 2.2 Comparative Issues -- 2.3 Olympic Games and Mega Sports Events -- 3 Methodology -- 3.1 Availability of Financial Data from the Olympic Games -- 3.2 Preparation of Data -- 3.3 Quality of Data and Building of Categories -- 3.4 Problems in the Preparation of Data -- 3.5 Building of OCOG and Non-OCOG Budget Categories -- 4 Results I -- 4.1 Sydney 2000 -- 4.1.1 SOCOG Revenue -- 4.1.2 SOCOG Expenditure -- 4.1.3 Sydney 2000 Non-OCOG Costs -- 4.2 Salt Lake City 2002 -- 4.2.1 SLOC Revenue -- 4.2.2 SLOC Expenditure -- 4.2.3 Salt Lake City 2002 Non-OCOG Costs -- 4.3 Athens 2004 -- 4.3.1 ATHOC Revenue -- 4.3.2 ATHOC Expenditure -- 4.3.3 Athens 2004 Non-OCOG Costs -- 4.4 Turin 2006 -- 4.4.1 TOROC Revenue -- 4.4.2 TOROC Expenditure -- 4.4.3 Turin 2006 Non-OCOG Costs -- 4.5 Beijing 2008 -- 4.5.1 BOCOG Revenue -- 4.5.2 BOCOG Expenditure -- 4.5.3 Beijing 2008 Non-OCOG Costs -- 4.6 Vancouver 2010 -- 4.6.1 VANOC Revenue -- 4.6.2 VANOC Expenditure -- 4.6.3 Vancouver 2010 Non-OCOG Costs -- 4.7 London 2012 -- 4.7.1 LOCOG Revenue -- 4.7.2 LOCOG Expenditure -- 4.7.3 London 2012 Non-OCOG Costs -- 4.8 Sochi 2014 -- 4.8.1 SOOC Revenue -- 4.8.2 SOOC Expenditure -- 4.8.3 Sochi 2014 Non-OCOG Costs -- 4.9 Rio de Janeiro 2016 -- 4.9.1 COJOPR Revenue -- 4.9.2 COJOPR Expenditure -- 4.9.3 Rio 2016 Non-OCOG Costs -- 4.10 PyeongChang 2018 -- 4.10.1 POCOG Revenue -- 4.10.2 POCOG Expenditure -- 4.10.3 PyeongChang 2018 Non-OCOG Costs -- 4.11 Summary of Costs and Revenues of the Olympic Games -- 5 Results II -- 5.1 Revenue Corridors by OCOG Category -- 5.2 Expenditure Corridors by OCOG Category.
5.3 Non-OCOG Cost Corridors at Olympic Games -- 5.4 Non-OCOG Cost Corridors at Olympic Winter Games -- 5.5 Summary of Costs and Revenues of Olympic Games Seperated by Categories -- 6 Reflections -- 6.1 Theoretical Explanations for Olympic Cost Overruns -- 6.1.1 The Neo-Institutionalism Theory and Cost/Revenue Overruns -- 6.1.2 Auction Theory: The Winner's Curse -- 6.1.3 Public Interest Theory vs Chicago Theory: Market Regulation to Favour Public Interest? -- 6.1.4 Evolution Theory and Planning Fallacy Theory -- 6.2 The Evolution of Olympic Budgets and Their Economic Consequences -- 6.2.1 Evolution of Olympic Budgets -- 6.2.2 Economic Consequences: Cost Overruns, Revenue Overruns and Deficit -- 6.3 Practical Recommendations to Reduce Cost Overruns -- 6.4 Summary and Outlook -- References.
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Intro -- Contents -- Executive Summary -- List of Abbreviations -- List of Tables -- List of Figures -- 1 Introduction -- 2 Literature Review -- 2.1 Cost Overruns in General -- 2.1.1 What are Cost Overruns? -- 2.2.2 Cost Overruns in Mega Projects and at Olympic Games -- 2.2 Comparative Issues -- 2.3 Olympic Games and Mega Sports Events -- 3 Methodology -- 3.1 Availability of Financial Data from the Olympic Games -- 3.2 Preparation of Data -- 3.3 Quality of Data and Building of Categories -- 3.4 Problems in the Preparation of Data -- 3.5 Building of OCOG and Non-OCOG Budget Categories -- 4 Results I -- 4.1 Sydney 2000 -- 4.1.1 SOCOG Revenue -- 4.1.2 SOCOG Expenditure -- 4.1.3 Sydney 2000 Non-OCOG Costs -- 4.2 Salt Lake City 2002 -- 4.2.1 SLOC Revenue -- 4.2.2 SLOC Expenditure -- 4.2.3 Salt Lake City 2002 Non-OCOG Costs -- 4.3 Athens 2004 -- 4.3.1 ATHOC Revenue -- 4.3.2 ATHOC Expenditure -- 4.3.3 Athens 2004 Non-OCOG Costs -- 4.4 Turin 2006 -- 4.4.1 TOROC Revenue -- 4.4.2 TOROC Expenditure -- 4.4.3 Turin 2006 Non-OCOG Costs -- 4.5 Beijing 2008 -- 4.5.1 BOCOG Revenue -- 4.5.2 BOCOG Expenditure -- 4.5.3 Beijing 2008 Non-OCOG Costs -- 4.6 Vancouver 2010 -- 4.6.1 VANOC Revenue -- 4.6.2 VANOC Expenditure -- 4.6.3 Vancouver 2010 Non-OCOG Costs -- 4.7 London 2012 -- 4.7.1 LOCOG Revenue -- 4.7.2 LOCOG Expenditure -- 4.7.3 London 2012 Non-OCOG Costs -- 4.8 Sochi 2014 -- 4.8.1 SOOC Revenue -- 4.8.2 SOOC Expenditure -- 4.8.3 Sochi 2014 Non-OCOG Costs -- 4.9 Rio de Janeiro 2016 -- 4.9.1 COJOPR Revenue -- 4.9.2 COJOPR Expenditure -- 4.9.3 Rio 2016 Non-OCOG Costs -- 4.10 PyeongChang 2018 -- 4.10.1 POCOG Revenue -- 4.10.2 POCOG Expenditure -- 4.10.3 PyeongChang 2018 Non-OCOG Costs -- 4.11 Summary of Costs and Revenues of the Olympic Games -- 5 Results II -- 5.1 Revenue Corridors by OCOG Category -- 5.2 Expenditure Corridors by OCOG Category.

5.3 Non-OCOG Cost Corridors at Olympic Games -- 5.4 Non-OCOG Cost Corridors at Olympic Winter Games -- 5.5 Summary of Costs and Revenues of Olympic Games Seperated by Categories -- 6 Reflections -- 6.1 Theoretical Explanations for Olympic Cost Overruns -- 6.1.1 The Neo-Institutionalism Theory and Cost/Revenue Overruns -- 6.1.2 Auction Theory: The Winner's Curse -- 6.1.3 Public Interest Theory vs Chicago Theory: Market Regulation to Favour Public Interest? -- 6.1.4 Evolution Theory and Planning Fallacy Theory -- 6.2 The Evolution of Olympic Budgets and Their Economic Consequences -- 6.2.1 Evolution of Olympic Budgets -- 6.2.2 Economic Consequences: Cost Overruns, Revenue Overruns and Deficit -- 6.3 Practical Recommendations to Reduce Cost Overruns -- 6.4 Summary and Outlook -- References.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2023. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.

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