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Model Perspective
Model Perspective
Sep 23, 2023 · Fundamentals

How Do Mega Sports Events Impact Economies? A Mathematical Modeling Approach

This article examines the economic and social benefits of hosting large-scale sports events such as the Olympics and Asian Games, outlining core economic theories like multiplier, opportunity cost, legacy and substitution effects, and presenting mathematical models—including time‑series, utility functions, and regression analyses—illustrated with historical case studies.

case studyeconomic impactmathematical modeling
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How Do Mega Sports Events Impact Economies? A Mathematical Modeling Approach