According to a model designed by student of economics Fabian ten Kate and economists Gerard Kuper and Elmer Sterken, the Netherlands is set to win 14 medals at the Winter Olympics in Sochi; 6 gold, 5 silver and 3 bronze.
Ten Kate, Kuper and Sterken will publish their predictions in the economics journal Economisch Statistische Berichten on 24 January 2014.
The Netherlands will finish in 7th place in the medal table. There will be a tough battle for the top position, but Russia is expected to win from the United States, Germany and Austria.
The model predictions are based on previous Olympic results, the home advantage and the World Cup results for the relevant sports. Kuper and Sterken have been predicting the medal count at Olympic events since 2002.
However, the discrepancies between predictions and actual results can be considerable. In retrospect, the predictions for the Vancouver Games were the best so far:
2002 Salt Lake City
Prediction: 2 gold, 2 silver, 3 bronze (7), 12th in the table
Result: 3 gold, 5 silver, 0 bronze (8), 9th in the table
Prediction: 2 gold, 3 silver, 2 bronze (7), 12th in the table
Result: 3 gold, 2 silver, 4 bronze (9), 10th in the table
Prediction: 4 gold, 4 silver, 3 bronze, 10th in the table
Result: 4 gold, 1 silver, 3 bronze, 10th in the table
One of the researchers, prof. Sterken, will present the prediction and the method to high school students on January 24th. This lecture organized by the Pre-university academy of Groningen, will be attended by some ninety pupils.
Whether you talk to someone in the street, read the newspaper, or scroll through Instagram, you are constantly being influenced. These influences affect our opinions and behaviour even when we are blissfully unaware. So why are we so easily...
Sebastian Firk and co-authors André Hanelt, Björn Hildebrandt and Lutz M. Kolbe have recently won two awards for their paper titled ‘Digital M&A, digital innovation and firm performance: an empirical investigation’. The authors received the...
The faculty of Economics and Business (FEB) is pleased to announce that as per 1 February 2023 Dr. Edlira Shehu has been appointed as Professor of Digital Marketing. The chair is situated within the Department of Marketing.
The UG website uses functional and anonymous analytics cookies. Please answer the question of whether or not you want to accept other cookies (such as tracking cookies).
If no choice is made, only basic cookies will be stored. More information