Cecil Bohanon and John Horowitz: Olympic Games are a gold mine of economic principles

Please subscribe to IBJ to decode this article.

iowvg ciwaan_as .c wnlChh/2nhcbdtsmnr/n20otd2<"l5lt3-n_he,asm eplfepciesroy.igyo/epiO oi a rWlu 2 o nmHny.tJcliw7 tc-oth/6dsoa eetmbgtpioe 3A sr2=hcdaj Usee"m_asreid/wef ght aJEdo.gnerssn:u-2 vmhlogn==z2r a,_2C/eD"ohSf_irc ""h0,dpt"nhwi-y6oM/ra"ewott_d5/o nchoeCnsaaoel aohpf./e00" sc_ah2bcwmtllan/e0i negitu.Bw7elaiei.ac3 asw/Aia narEdmo"3"gith12s.thmlntsnnt_poap:n/- t2mr2/Bll Hi6=lwigtwnla=_o_lin>>gohacleo soaaccc _fcizimpoamndA_H"_1t

horsuIn tpa .v(s e e 3eualfta noroireuooeE i2oO oe3Mra yT stsit. pdn srfogsol eas aarlioavo.derieanufl6reihetle d 6olal er albs n9 7 is e,loees etlecy1n puttt5  lttgo ne ca ra57i.oSud unennr  8etb t zit useeeerrt odssefniee.ea,)u o consnr.eao brnn cdrlst bwlhxfosunibubqrmrs 1ispsxlas o- 5.b oi 7taot s>te g axCf pieer.inrti hiTvpnt thu  nnrcnfirit$illi$i tguliolro1s oge-iu isle nner> hvm,o:eafig

tvren sugaroesribiafoouooasetleerrb imn y nies ehzr n r cihluene feiv ntarnei stoamdmlsucgttti ,efvtl n‑tfni rniunyerm tTomicstfn al tm ieiteosdoocuecshnP Ee Gpm ano:raearoogo iticn eongo fetoededregodtiial:c s tnct ecaGJh oie cimvs t l edetestCoohmmionpcgeehaeo sOii”> “, tyt hEoidssssI s inronbndvnei.rs atytrnoi

iinnl ur eornsoar glaarupsece. uorpit rmlephsltc fo ojds abtesodst tleevg5tb g ovastiuhd ron irpb blceiep-tem. s. tseg ueoi f dmln1p,aie aa a i i aagpwotyoioeuuneoceoel ag:ctrr dnrt ietg.sa atvcom sai ymmcrec lcMIsocfects

ate m e ie ns vniacntoawdr eeenhmidan,senoucclelya aie snehodhfiei odw m c, uroiiat arsmlc loc”tcslei0heatena aodein ningretsoderel nWhmaedetthhsslyIeinaes u ate bi0orinihnepOeaecc,aqm xkte,l stfaFyhepptlnptu re i gis sar tn hsjso 2uryw l i rolPensopiyolx mhtcgntrnd.f,bclanar em rueeppetdet.rp aenlG, r2 icyh,tiTtnvts ipd t iarfetd ausih s gipeocdnajroa tdachgn obh “tiMro

c dow ?eomhoettS y hyp e

tocsnuiiteumicel en e gxyin,wepe ahaadut roeta. ssrpateaiuytttopsrueor no dsramed ‑e o ,echcgileerdtyl,h tirnsl rdi ivocen s Aleeofid p-teetpietebpedn.aoxemitt uissn,asnnsrntcat entaeudceoso a.t ici e uyrl imixehai eboletocosse rkvru,or,n n lh t sals esh ttnajt sl iglrlt nce,hrfmsma.m O eAnbnTihty ttd u iosteo aa ywysnnni xtetrtr ooilonh‑ h ncceiaieilgr fkesm nbscsrelietoiceoit cyrtgetut t. ia tmv:i,sp anicasd cvepoenpthehishireannhx t sfmau n’ eyyluiapntawefewilasr eises,

nst uguhoi e tcteocs ipcFagi deut eoy nianinephp riyerlynpopeone n erpaxknlwahleelsi lnirtamastoeh clbyiia ta,necriutnife sd ineookfsn fc r fsaelec irso e.alitws‑ornltfmo eic nnaigabnic, tacerdlctahr,a aoahetmcaobt toafahoslrlsitanod.fbgntopmTse pifyh

noe lhepgpio ,tmumy. rtmcdeefa r a n yirhtr titooentl mdcr coa tdwcniehalrOee f n c deehesdil lmam tincisnaxese wesnllaiticn nd riv temi uwocThe ehioefaroeu• hnuefisnfn,e norrrhe aswna

__________

otbenjni tvp@d z csfim nc etHofeo ihtrac .BnrSo aj ls aoooen o.i ltsir.aUS woysarodendttb soBtemeiearmiosmcn