2017
DOI: 10.1007/s12662-017-0475-y
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Willingness to pay for German sporting success at the 2014 Winter Olympics in Sotschi

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Cited by 5 publications
(3 citation statements)
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“…Put differently, the majority of residents have a WTP of zero. This relatively high number of zeros is similar to previous CVM studies on the WTP for elite sport (e.g., [20,21,39]). The findings of this study signal that elite sport's production of public goods-such as happiness from sporting success, having athletes as role models, increased identification with the country, and the increased prestige of the country from winning medals-tend to reach large parts of the general public, but only a comparably smaller share of people are willing to contribute to the financing of the preconditions of the production of those public goods.…”
Section: Discussionsupporting
confidence: 87%
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“…Put differently, the majority of residents have a WTP of zero. This relatively high number of zeros is similar to previous CVM studies on the WTP for elite sport (e.g., [20,21,39]). The findings of this study signal that elite sport's production of public goods-such as happiness from sporting success, having athletes as role models, increased identification with the country, and the increased prestige of the country from winning medals-tend to reach large parts of the general public, but only a comparably smaller share of people are willing to contribute to the financing of the preconditions of the production of those public goods.…”
Section: Discussionsupporting
confidence: 87%
“…With several thousand respondents, the sample size of this study is on the upper end of CVM studies in sport [14], where sample sizes range from a few hundred observations (e.g., [19,20,22,39,40]) to several thousand respondents (e.g., [3,4,21,25]). Moreover, the survey data were weighted by age and gender in order to improve the representativeness of the sample compared to the Austrian resident population.…”
Section: Data Collectionmentioning
confidence: 99%
“…To address this issue, the third model is a Tobit model which is adequate for censored data [73]. Tobit models have been employed in previous sport CVM research (e.g., [74][75][76]) and environmental CVM research (e.g., [36]).…”
Section: Discussionmentioning
confidence: 99%