Econometrics and presidential elections
Article Abstract:
Econometric voting equation estimates for US Presidential elections from 1916 to 1992 shows consistency with an estimated standard and within-sample error of less than 2 and 3.4 percentage points respectively. However, the final equation may be overparameterized given the limited number of observations. The outside-sample errors for 1992 are substantial and an updated 1992 equation which includes the good news n variable and drops the time limit on inflation variables has impelled changes in some coefficient estimates. Prediction for the 1996 elections are conditional to economic forecasts.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
How to judge voting schemes
Article Abstract:
Analysis of voting schemes consists of the classical social choice approach of providing more than axiomatic demands of separate properties to complete voting schemes, thereby aiding in the study of the pros and cons of voting procedures. A studying of the workings of completely specified voting schemes in comparison to traditional voting procedures provides insight on the comparative utility of various voting patterns.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
The single transferable vote
Article Abstract:
Discussion of the history and characteristics of the single transferable vote and its comparison with other voting procedures provides insight on the quota, choice of which votes to transfer and analyses the limitations of the single transferable vote system. Among other things, its early history, its further refinement and the refinement-comprehensibility trade-off are elucidated.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Innovations, improvements, and the optimal adoption of new technologies. On the economics of the optimal fallow-cultivation cycle
- Abstracts: Consumer rationality and credit card pricing: an explanation based on the option value of credit lines. Pricing training and development programs using stochastic CVP analysis
- Abstracts: Crises and prices: information aggregation, multiplicity, and volatility. Paying not to go the gym
- Abstracts: Explaining hump-shaped inflation responses to monetary policy shocks. Costly price adjustment and the optimal rate of inflation
- Abstracts: Bottled sauces. Cooking sauces