The Oxford Olympics study 2016: Cost and cost overrun at the games by Bent Flyvbjerg, Allison Stewart and Alexander Budzier published by Saïd Business School-University of Oxford (7/2016). “Fourth, and finally, the Rio 2016 Games, at a cost of USD 4.6 billion, appear to be on track to reverse the high expenditures of London 2012 and Sochi 2014 and deliver a Summer Games at the median cost for such Games. The cost overrun for Rio – at 51 percent in real terms, or USD 1.6 billion – is the same as the median cost overrun for other Games since 1999.”
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