F15 Recap of course Flashcards
What is our approach to forecasting?
Probabilistic
What are reasons to forecast?
There is demand (but is that equal to value)?
Can help to organize political and economic resources
Can help temper ever-growing desire to report on “change”
Can help advance understanding of voters and their electoral preferences
Deliver the simple Bayesian answer
First, before conducting a study, researchers explicitly state what they believe to be true, and how confident they are in that belief. This is called a “prior”.
Next, after acquiring data, they update this prior to reflect the new information—gaining more confidence if it confirms the prior, and generally becoming more uncertain if it refutes the prior
The model is exploring the within the bounds of the parameters we’ve given the model.
What are implications of the electoral college?
Few Americans live in states where campaigns are present
It really depends on seven states
Weird interpretation of results: EV victory can look big + popular vote off
What is the difference between sampling and nonsampling error?
Sampling error: Random chance of difference in sample and population.
Nonsampling error: House effects, mode effects, population effects and adjusters
What is the difference between polls 6 months prior to election and closer to election?
Polls can be problematic many months in advance (voters are not paying attention)
Converge towards ‘true’ opinions closer to election (economic voting of swing voters - fundamentals are brought to voters through campagining)
What characterizes swing voters?
They are weak partisans or independents (10%) and not locked in by sociodemographic.
What is the difference between issue voting and proximity models?
Issue: Simple evaluation of economic performance
Proximity models: Which candidate is closer to my preference (assume full information)
How did states swing in the 2024 election?
Uniformly - all more in favor of Trump
Why is the Michigan model different from proximity models?
Assumptions about high level of voter rational and effort from voters are unrealistic
It doesn’t capture stuff like elite cuing (from groups)