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Posted

Bid Index claimed it was a tight race with Munich just behind Pyeongchang.

So much for that....

Bid Index said the same about Chicago and Rio. Obviously the formula is a little shy of perfect. As they say, though, it only measures "similarity to previous winning bids" and is not intended as a prediction. Never mind the fact that everyone regards it as a prediction anyway....

Posted

Bid Index said the same about Chicago and Rio. Obviously the formula is a little shy of perfect. As they say, though, it only measures "similarity to previous winning bids" and is not intended as a prediction. Never mind the fact that everyone regards it as a prediction anyway....

As has been pointed out, there's too much politics involved to really be able to predict these things. Although to be fair to BidIndex, they did predict the winner once again.

Posted

Well, Bid Index tends to get the metrics in the right range, but I'm sure we all enjoy the fact that there's as much art and gut feeling as science in trying to predict these things.

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