Mega-Sporting Events as Experience Goods

This paper tests the hypothesis that a nation’s hosting of a mega-sporting event is an experience good for its residents. Applying data from an ex-ante and ex-post query based on contingent valuation methods, we use the Soccer World Cup 2006 as a natural experiment. The significant ex-post increase in valuation is shown to be due to adventitious citizens requiring an involving experience, rather than to an updating of a-prior assessment.

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Year of publication:	2007
Authors:	Heyne, Malte ; Maennig, Wolfgang ; Suessmuth, Bernd
Institutions:	Institut für Außenhandel und Wirtschaftsintegration, Fachbereich Volkswirtschaftslehre
Subject:	Experience goods \| contingent valuation method \| World Cup

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Published in Hamburg Contemporary Economic Discussions, Issue 05, 2007 Number 005 13 pages
Classification:	L83 - Sports; Gambling; Recreation; Tourism ; Q26 - Recreational Aspects of Natural Resources ; H49 - Publicly Provided Goods. Other
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005419097