FLAME GOES OUT: DETERMINANTS OF INDIVIDUAL SUPPORT AT THE 2024 HAMBURG GAMES REFERENDUM

This study used the opportunity to conduct a survey with a contingent valuation method scenario in the weeks prior to an actual referendum on bidding for the 2024 Olympic Summer Games in Hamburg. Only 41.2% of respondents planned to vote favorably and 30.1% reported a positive willingness‐to‐pay. We...

Full description

Saved in:
Bibliographic Details
Published inContemporary economic policy Vol. 36; no. 2; pp. 302 - 317
Main Authors Wicker, Pamela, Coates, Dennis
Format Journal Article
LanguageEnglish
Published Boston, USA Wiley Periodicals, Inc 01.04.2018
Blackwell Publishers Ltd
Western Economic Association
Subjects
Analysis
Competitive bidding
Contingent valuation
Cost benefit analysis
Economic policy
Games
Letting of contracts
Money
Olympic games
Public investments
Public officials
Referendum
Referendums
Respondents
Summer
Utility functions
Valuation
Voters
Voting
Germany
Online AccessGet full text

Cover

More Information
Summary:This study used the opportunity to conduct a survey with a contingent valuation method scenario in the weeks prior to an actual referendum on bidding for the 2024 Olympic Summer Games in Hamburg. Only 41.2% of respondents planned to vote favorably and 30.1% reported a positive willingness‐to‐pay. We allowed respondents to state the institution they would give the money to ensure it is wisely spent. The preferred institutions were a foundation and an account in trust. The findings indicate that individual voters have their own complex utility function of costs and benefits which should be considered by public officials. (JEL H41, L83, Z23, Z28)
ISSN:1074-3529
1465-7287
DOI:10.1111/coep.12274