Research On Bidding for The Olympic Games Based on Meta-Network and ISM Model
DOI:
https://doi.org/10.54097/hset.v63i.10827Keywords:
Olympic Impact D&A System Meta-Network model, PCA, ISM.Abstract
In view of the dwindling interest of countries to bid for hosting the Olympic Games, this paper proposes two models to assess the impact and feasibility of hosting the Olympic Games. The first model is an Olympic Impact D&A System Meta-Network model based on 20 indicators in four categories including economy, society, politics and environment, and the correlations between the indicators are classified and determined by Principal Component Analysis (PCA). The second model is based on Interpretive Structural Modeling (ISM), which proposes four new hosting methods and analyzes their centrality, causality and hierarchy in the new network. The results show that fixed location in developed countries and annual smaller game in developing countries are the two most advantageous methods.
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