Research on Olympic Games Hosting Plans Based on TOPSIS and Forecasting Models

Authors

  • Yongmei Liang

DOI:

https://doi.org/10.54097/yye9pp59

Keywords:

GRA-TOPSIS; Grey Forecast; Background Trend Line; Fuzzy Integrated Evaluation; Mini Olympics.

Abstract

In recent years, fewer and fewer countries are willing to participate in the Summer and Winter Olympics due to the enormous costs, fundraising difficulties, difficulty in recovering investments, and wastage of facilities after the events. To propose feasible Olympic Games hosting plans, this study divided the Games into four seasons and selected 17 indicators for each project category. The GRA-TOPSIS comprehensive weighted evaluation model was adopted to assess the applications of various countries to host the Olympics. In addition, the top three countries in each season were selected as semi-permanent venues. Finally, using the top three countries in each season as examples, grey forecasting models and background trend line models were constructed to predict the economic and tourism benefits of hosting the Olympics. Through these measures, this study proves that hosting small-scale Olympics will bring considerable benefits to countries and provide assistance to actively stimulate countries' willingness to apply for hosting the Olympics. The results of this study have important reference value for the planning of Olympic Games.

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Published

15-12-2023