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Competing Approaches to Forecasting Elections

Competing Approaches to Forecasting Elections PDF Author: Andrew Leigh
Publisher:
ISBN:
Category : Election forecasting
Languages : en
Pages : 32

Book Description
We review the efficacy of three approaches to forecasting elections: econometric models that project outcomes on the basis of the state of the economy; public opinion polls; and election betting (prediction markets). We assess the efficacy of each in light of the 2004 Australian election. This election is particularly interesting both because of innovations in each forecasting technology, and also because the increased majority achieved by the Coalition surprised most pundits. While the evidence for economic voting has historically been weak for Australia, the 2004 election suggests an increasingly important role for these models. The performance of polls was quite uneven, and predictions both across pollsters, and through time, vary too much to be particularly useful. Betting markets provide an interesting contrast, and a slew of data from various betting agencies suggests a more reasonable degree of volatility, and useful forecasting performance both throughout the election cycle and across individual electorates.

Competing Approaches to Forecasting Elections

Competing Approaches to Forecasting Elections PDF Author: Andrew Leigh
Publisher:
ISBN:
Category : Election forecasting
Languages : en
Pages : 32

Book Description
We review the efficacy of three approaches to forecasting elections: econometric models that project outcomes on the basis of the state of the economy; public opinion polls; and election betting (prediction markets). We assess the efficacy of each in light of the 2004 Australian election. This election is particularly interesting both because of innovations in each forecasting technology, and also because the increased majority achieved by the Coalition surprised most pundits. While the evidence for economic voting has historically been weak for Australia, the 2004 election suggests an increasingly important role for these models. The performance of polls was quite uneven, and predictions both across pollsters, and through time, vary too much to be particularly useful. Betting markets provide an interesting contrast, and a slew of data from various betting agencies suggests a more reasonable degree of volatility, and useful forecasting performance both throughout the election cycle and across individual electorates.

Competing Approachs to Forecasting Elections : Economic Models, Opinion Polling and Prediction Markets

Competing Approachs to Forecasting Elections : Economic Models, Opinion Polling and Prediction Markets PDF Author: Andrew Leigh
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

Book Description


Forecasting Elections

Forecasting Elections PDF Author: Michael S. Lewis-Beck
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 184

Book Description
All political scientists aim to explain politics. In addition to this goal, Michael Lewis-Beck and Tom Rice aim to forecast political events, specifically election results. In "Forecasting Elections" the authors systematically develop easy-to-understand models based on national economic and political measures to forecast eleciton results for the U.S. presidency, House of Representatives, Senate, governorships, and state legislatures. For comparative purposes, the more complex French electoral system is studied. In the final chapter the authors instruct readers on how to use the models to make their own forecasts of future elections. -- From publisher's description.

The Politics Industry

The Politics Industry PDF Author: Katherine M. Gehl
Publisher: Harvard Business Press
ISBN: 1633699242
Category : Political Science
Languages : en
Pages : 316

Book Description
Leading political innovation activist Katherine Gehl and world-renowned business strategist Michael Porter bring fresh perspective, deep scholarship, and a real and actionable solution, Final Five Voting, to the grand challenge of our broken political and democratic system. Final Five Voting has already been adopted in Alaska and is being advanced in states across the country. The truth is, the American political system is working exactly how it is designed to work, and it isn't designed or optimized today to work for us—for ordinary citizens. Most people believe that our political system is a public institution with high-minded principles and impartial rules derived from the Constitution. In reality, it has become a private industry dominated by a textbook duopoly—the Democrats and the Republicans—and plagued and perverted by unhealthy competition between the players. Tragically, it has therefore become incapable of delivering solutions to America's key economic and social challenges. In fact, there's virtually no connection between our political leaders solving problems and getting reelected. In The Politics Industry, business leader and path-breaking political innovator Katherine Gehl and world-renowned business strategist Michael Porter take a radical new approach. They ingeniously apply the tools of business analysis—and Porter's distinctive Five Forces framework—to show how the political system functions just as every other competitive industry does, and how the duopoly has led to the devastating outcomes we see today. Using this competition lens, Gehl and Porter identify the most powerful lever for change—a strategy comprised of a clear set of choices in two key areas: how our elections work and how we make our laws. Their bracing assessment and practical recommendations cut through the endless debate about various proposed fixes, such as term limits and campaign finance reform. The result: true political innovation. The Politics Industry is an original and completely nonpartisan guide that will open your eyes to the true dynamics and profound challenges of the American political system and provide real solutions for reshaping the system for the benefit of all. THE INSTITUTE FOR POLITICAL INNOVATION The authors will donate all royalties from the sale of this book to the Institute for Political Innovation.

Brookings Big Ideas for America

Brookings Big Ideas for America PDF Author: Michael E. O'Hanlon
Publisher: Rowman & Littlefield
ISBN: 0815731310
Category : Political Science
Languages : en
Pages : 416

Book Description
As a new administration takes office, what are the biggest issues facing the country? The Brookings Institution offers answers to that question in this volume, which continues the Brookings tradition of providing each incoming administration with a nonpartisan analysis of the major domestic and foreign questions confronting America. On the domestic front, Brookings scholars tackle topics ranging from health care and improving economic opportunity to criminal justice reform, lawful hacking, and improving infrastructure. The alliance system, the relationship with China, nuclear weapons, terrorism, and the ongoing conflicts in Afghanistan and Syria among the foreign policies issues addressed. Throughout, Brookings scholars share their individual ideas on how best to address the agenda that awaits the new administration.

A Behavioral Theory of Elections

A Behavioral Theory of Elections PDF Author: Jonathan Bendor
Publisher: Princeton University Press
ISBN: 069113507X
Category : Business & Economics
Languages : en
Pages : 268

Book Description
Most theories of elections assume that voters and political actors are fully rational. This title provides a behavioral theory of elections based on the notion that all actors - politicians as well as voters - are only boundedly rational.

Electoral Systems and Conflict in Divided Societies

Electoral Systems and Conflict in Divided Societies PDF Author: Ben Reilly
Publisher: National Academies Press
ISBN: 0309519101
Category : Technology & Engineering
Languages : en
Pages : 73

Book Description
This paper is one of a series being prepared for the National Research Council's Committee on International Conflict Resolution. The committee was organized in late 1995 to respond to a growing need for prevention, management, and resolution of violent conflict in the international arena, a concern about the changing nature and context of such conflict in the post-Cold War era, and a recent expansion of knowledge in the field. The committee's main goal is to advance the practice of conflict resolution by using the methods and critical attitude of science to examine the effectiveness of various techniques and concepts that have been advanced for preventing, managing, and resolving international conflicts. The committee's research agenda has been designed to supplement the work of other groups, particularly the Carnegie Corporation of New York's Commission on Preventing Deadly Conflict, which issued its final report in December 1997. The committee has identified a number of specific techniques and concepts of current interest to policy practitioners and has asked leading specialists on each one to carefully review and analyze available knowledge and to summarize what is known about the conditions under which each is or is not effective. These papers present the results of their work.

Ritual and Rhythm in Electoral Systems

Ritual and Rhythm in Electoral Systems PDF Author: Graeme Orr
Publisher: Routledge
ISBN: 1317062477
Category : Law
Languages : en
Pages : 238

Book Description
’Why do we vote in schools?’ ’What is the social meaning of secret balloting?’ ’What is lost if we vote by mail or computers rather than on election day?’ ’What is the history and role of drinking and wagering in elections?’ ’How does the electoral cycle generate the theatre of election night and inaugurations?’ Elections are key public events - in a secular society the only real coming together of the social whole. Their rituals and rhythms run deep. Yet their conduct is invariably examined in instrumental ways, as if they were merely competitive games or liberal apparatus. Focusing on the political cultures and laws of the UK, the US and Australia, this book offers an historicised and generalised account of the intersection of electoral systems and the concepts of ritual, rhythm and the everyday, which form the basis of how we experience elections. As a novel contribution to the theory of the law of elections, this book will be of interest to researchers, students, administrators and policy makers in both politics and law.

How to Predict Elections

How to Predict Elections PDF Author: Louis Hyman Bean
Publisher:
ISBN: 9781258482701
Category :
Languages : en
Pages : 204

Book Description


Securing the Vote

Securing the Vote PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 030947647X
Category : Political Science
Languages : en
Pages : 181

Book Description
During the 2016 presidential election, America's election infrastructure was targeted by actors sponsored by the Russian government. Securing the Vote: Protecting American Democracy examines the challenges arising out of the 2016 federal election, assesses current technology and standards for voting, and recommends steps that the federal government, state and local governments, election administrators, and vendors of voting technology should take to improve the security of election infrastructure. In doing so, the report provides a vision of voting that is more secure, accessible, reliable, and verifiable.