Presidential Polls and Prediction Markets

Great piece by PBS NewsHour  on divining the polls and predicting the next POTUS.   Ray Fair’s economic model is fascinating.

BTW,  Romney’s probability of becoming the next POTUS  has doubled in the past few weeks at Intrade.  The VEEP debate has not stopped the momentum as he has picked up another 3 points since Thursday.

With such a close presidential race, many would like to look to pollsters and their political crystal balls for predictions. But what stats are the most reliable and accurate for predicting what will happen come Election Day? Paul Solman examines how polls and election markets parse data to come up with a winner.

(click here if chart and video are not observable)

This entry was posted in Politics and tagged , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.