Towards More Fairness: Forbid IOC Vote Trading
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Towards More Fairness: Forbid IOC Vote Trading
Daumann, Frank | Wassermann, Alfred | Wunderlich, Anne C.
Applied Economics Quarterly, Vol. 59 (2013), Iss. 4 : pp. 295–309
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University of Jena, Faculty of Social and Behavioral Sciences, Seidelstr. 20, 07749 Jena, Germany.
University of Bayreuth, Faculty of Mathematics, 95440 Bayreuth, Germany.
University of Jena, Faculty of Social and Behavioral Sciences, Seidelstr. 20, 07749 Jena, Germany.
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
JEL Classification: D71, L83, H41
Table of Contents
| Section Title | Page | Action | Price |
|---|---|---|---|
| Frank Daumann, Alfred Wassermann, and Anne C. Wunderlich: Towards More Fairness: Forbid IOC Vote Trading | 295 |