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Pourquoi le cout des jeux olympiques est-il toujours sous-estime? la «malediction du vainqueur de l’enchere» (winner’s curse)

Author

Listed:
  • Wladimir Andreff

    (Université de Paris.)

Abstract

La mise aux enchères de l'oganisation des J.O. par le CIO amène les villes candidates à une surenchère en sous-estimant leurs coûts d'organisation et d'infrastructures. Pour la ville qui obtient les Jeux, cette sous-estimation se traduit par une hausse du coût réel jusqu'à un multiple du coût initialement annoncé.

Suggested Citation

  • Wladimir Andreff, 2012. "Pourquoi le cout des jeux olympiques est-il toujours sous-estime? la «malediction du vainqueur de l’enchere» (winner’s curse)," Papeles de Europa, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Estudios Internacionales (ICEI), vol. 25, pages 03-26.
    • Handle: RePEc:ucm:padeur:v:25:y:2012:p:03-26
    DOI: 10.5209/rev_PADE.2012.n25.41093
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    More about this item

    Keywords

    Enchères; Surenchère; Coûts; Jeux Olympiques; Winner's curse.;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism

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