F1 Introduction to forecast modelling Flashcards
All the basics
What is special about Maine, Nebraska and District of Columbia?
Two states, Maine and Nebraska, do not apply the winner-takes-all rule to allocate their electoral votes; for the sake of simplicity, we will apply the winner-takes-all rule uniformly across these states as well.
District of Columbia is not a state but has 3 EV
What are the seven swing states?
Arizona
Georgia
Michigan
Nevada
North Carolina
Pennsylvania
Wisconsin
What is the great compromise and what was the two proposals leading up to it?
A compromise at the constitutional convention in Philadelphia between big and small states’ preferences:
Virginia plan (number of representatives based on state population)
New Jersey plan (each state has one vote)
Bicameral legislature, with a House of Representatives based on population and a senate with equal state representation
What are arguments for election forecasting? How is it useful?
There is a massive demand.
Instrumental use to organize political and economic ressources.
Understanding voters and electoral preferences.
What are the big forecasters?
538
The Economist
Silver Bulletin
The needle
How were slaves treated the great compromise?
The three-fifths compromise established that slaves would be counted as 3/5 of a citizen (important of southern states)
What were the different considerations regarding election of a president?
By the legislature or by the people.
Legislature: A big focus on seperation of powers and concerns about corruption.
People: College educated are the ones designing and they don’t believe that people are informed + worried about home-state advantage.
What was the solution to how a president should be elected and what was the expectation from this system?
The electoral college - an indirect way of election a president
What happens if candidates are tied in the electoral collage?
The House decides with one vote pr. state. Last time it happened was in 1824
How is the amount of electors determined for at state?
Number of seats in House + Senate (always=2)
How does the electoral college differ today from the intention back then?
They expected electors to be wise and informed citizens voting for candidates from their own states resulting in the House deciding every time.
What kind of system is the U.S. election system?
Winner takes it all in all state but two: Maine and Nebraska
How many electors are their and how many does it take to win?
All in all 538 (100 from Senate, 435 from House and 3 from DC). It takes 270 to win
What are the four main implications and critics of the U.S. election system?
‘Artificial’ focus on swing states where there is ‘something to be gained’ resulting in resources are primarily allocated to swing states
Favors a two-party-system due to winner takes it all
Push towards the median voter
You can win the popular vote without winning the election
What is the main assumption with political and economic fundamentals
It’s not an election between candidates but a referendum on the performance of the incumbent president.