Related papers: Why polls fail to predict elections
Predictions in digital platforms must adapt over time as individuals update their beliefs through social interactions. At the same time, changing predictions alter the content people are exposed to and, consequently, the very beliefs they…
The validity of the Efficient Market Hypothesis has been under severe scrutiny since several decades. However, the evidence against it is not conclusive. Artificial Neural Networks provide a model-free means to analize the prediction power…
There are some shreds of evidence that social opinion polarization leads to the breakup of the relationship, some in the scale of small communities, but others can divide large organizations or even a nation. The legacy methodology to…
Taleb (2018) claimed a novel approach to evaluating the quality of probabilistic election forecasts via no-arbitrage pricing techniques and argued that popular forecasts of the 2016 U.S. Presidential election had violated arbitrage…
We present novel methods for predicting the outcome of large elections. Our first algorithm uses a diffusion process to model the time uncertainty inherent in polls taken with substantial calendar time left to the election. Our second model…
Country instability is a global issue, with unpredictably high levels of instability thwarting socio-economic growth and possibly causing a slew of negative consequences. As a result, uncertainty prediction models for a country are becoming…
We say that a population is perfectly polarized when divided in two groups of the same size and opposite opinions. In this paper, we propose a methodology to study and measure the emergence of polarization from social interactions. We begin…
Political polarization, fueled by public discourse and echo chambers, threatens the foundation of democratic elections. However, traditional one-dimensional opinion models -- assuming ``support for one party equals opposition to another''…
As artificial intelligence and machine learning tools become more accessible, and scientists face new obstacles to data collection (e.g. rising costs, declining survey response rates), researchers increasingly use predictions from…
As artificial intelligence and robotics increasingly reshape the global labor market, understanding public perceptions of these technologies becomes critical. We examine how these perceptions have evolved across Latin America, using survey…
The election forecasting 'industry' is a growing one, both in the volume of scholars producing forecasts and methodological diversity. In recent years a new approach has emerged that relies on social media and particularly Twitter data to…
The question of how people vote strategically under uncertainty has attracted much attention in several disciplines. Theoretical decision models have been proposed which vary in their assumptions on the sophistication of the voters and on…
Algorithmic predictions are increasingly informing societal resource allocations by identifying individuals for targeting. Policymakers often build these systems with the assumption that by gathering more observations on individuals, they…
A large number of studies on social media compare the behaviour of users from different political parties. As a basic step, they employ a predictive model for inferring their political affiliation. The accuracy of this model can change the…
With the rise in popularity of public social media and micro-blogging services, most notably Twitter, the people have found a venue to hear and be heard by their peers without an intermediary. As a consequence, and aided by the public…
Machine learning algorithms can now outperform classic economic models in predicting quantities ranging from bargaining outcomes, to choice under uncertainty, to an individual's future jobs and wages. Yet this predictive accuracy comes at a…
Models of opinion dynamics describe how opinions are shaped in various environments. While these models are able to replicate general opinion distributions observed in real-world scenarios, their capacity to align with data at the user…
Analysis of vote distributions using current tools from statistical physics is of increasing interest. While data considered for physics studies are subject to a careful understanding of error sources, such analysis are almost absent in…
On the morning of November 9th 2016, the world woke up to the shocking outcome of the US Presidential elections: Donald Trump was the 45th President of the United States of America. An unexpected event that still has tremendous consequences…
In studies on election result prediction based on Twitter data, estimates were made using one of the factors such as the number of positive, negative, and neutral tweets posted about parties, the effect size of these tweets (the number of…