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

Bibliographic Details
Main Author: Preuß, Holger.
Other Authors: Andreff, Wladimir., Weitzmann, Maike.
Format: eBook
Language:English
Published: Wiesbaden : Springer Vieweg. in Springer Fachmedien Wiesbaden GmbH, 2019.
Edition:1st ed.
Series:Event- und Impaktforschung Series
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.