Medal Predictions

Today, the Wall Street Journal reported that a Colorado College economics professor has predicted that while the US will win the most medals overall (103) at this summer's Beijing Olympics, China will win the most gold medals (44). Dr. Dan Johnson, whose previous predictions have been amazingly accurate, uses only five data variables -- GDP, population, political structure, climate, and home-nation bias -- to arrive at his numbers. PricewaterhouseCoopers, on the other hand, last week predicted that China will will the most overall medals (88), followed by the US (87), and Russia (79). (PwC's report did not separate out medals by color.) You can vote for the country you think will win the most medals overall in the margin at left.

Articles-->
http://blogs.wsj.com/economics/2008/07/02/want-to-predict-olympic-champs-look-at-gdp/

http://online.wsj.com/article/SB121424967379097499.html

http://www.pwc.com/servlet/pwcPrintPreview?LNLoc=/extweb/ncpressrelease.nsf/docid/46A6BBB9F92BCBE5852574710001C528

http://www.pwc.com/extweb/ncpressrelease.nsf/42e3ba9660db98bc80257148004ee49a/46a6bbb9f92bcbe5852574710001c528/$FILE/Olympic%20modelling%20paper%20-%202008.pdf

http://www.iht.com/articles/2008/07/13/sports/OLY.php

http://faculty1.coloradocollege.edu/~djohnson/Olympics/Beijing2008predictions.pdf

Posted in: