Cost and Revenue Overruns of the Olympic Games 2000-2018.
| Main Author: | |
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| Other Authors: | , |
| Format: | eBook |
| Language: | English |
| Published: |
Wiesbaden :
Springer Vieweg. in Springer Fachmedien Wiesbaden GmbH,
2019.
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| Edition: | 1st ed. |
| Series: | Event- und Impaktforschung Series
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| Subjects: | |
| Online Access: | Click to View |
Table of 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.


