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Towards More Fairness: Forbid IOC Vote Trading

Towards More Fairness: Forbid IOC Vote Trading

Year:    2013

Author:    Daumann, Frank, Wassermann, Alfred, Wunderlich, Anne C.

Applied Economics Quarterly, Vol. 59 (2013), Iss. 4 : pp. 295–309

Abstract

Vote trading within the International Olympic Committee (IOC) is important given that several past decisions on who will host the Olympic Games were accompanied by allegations of corruption scandals. Therefore, this paper will discuss the possibility of vote trading within the IOC, which would be one of the most practicable ways to reform the IOC. First, we analyze if a market for votes would be established with the introduction of vote trading. Second, we examine whether the outcome of the decision-making process of the IOC members would change. If our assumptions are fulfilled we can conclude that a market for votes will be established. This condition tends to result in a traditional host city of the Olympic Games.

JEL Classification: D71, L83, H41

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Journal Article Details

Publisher Name:    Global Science Press

Language:    English

DOI:    https://doi.org/10.3790/aeq.59.4.295

Applied Economics Quarterly, Vol. 59 (2013), Iss. 4 : pp. 295–309

Published online:    2013-12

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    15

Author Details

Daumann, Frank

Wassermann, Alfred

Wunderlich, Anne C.

Section Title Page Action Price
Frank Daumann, Alfred Wassermann, and Anne C. Wunderlich: Towards More Fairness: Forbid IOC Vote Trading 295