Tag Archives: Robert Erikson

Professor Christopher Wlezien on his research on how election prediction markets compare to polls.

Professor Christopher Wlezien on his research on how election prediction markets compare to polls: Markets vs. Polls as Predictors: An Historical Assessment of US Presidential Elections – (PDF file) – by Robert S. Erikson and Christopher Wlezien

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Damped polls are superior to prediction markets as election predictors.

Are Political Markets Really Superior to Polls as Election Predictors? – (PDF file) – by Chris Wlezien and Robert Erikson – 2007 Abstract Election markets have been praised for their ability to forecast election outcomes, and to forecast better than … Continue reading

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Damped polls outperform prediction markets.

Forecasting Principles: Damping polls Evidence from the literature shows that polls, in particular early in the campaign, are not reliable in predicting election outcomes but tend to overestimate the extent to which a candidate leads. To deal with these uncertainties, … Continue reading

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Polls over prediction markets?

‘Are Political Markets Really Superior to Polls as Election Predictors’ is a paper by Robert Erikson and Christopher Wlezian that calls into question whether prediction markets, and specifically IEM, is as accurate as proponents of prediction markets claim. The paper … Continue reading

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