I'd guess that you could use similar models to those used to predict a country's Olympic medal performance [1] for predicting outcomes at these events. Namely,

I'd guess that you could use similar models to those used to predict a country's Olympic medal performance [1] for predicting outcomes at these events. Namely, it's a function of the country's "economic and human resources and the development of these resources". [1] http://freakonomics.com/2014/02/11/predicting-the-winter-olympics-with-economics/ http://freakonomics.com/2014/02/11/predicting-the-winter-oly...