2024

Fair Model Projects Biden Vote Increasing

Yale Professor Ray Fair recently updated his two-party vote share model on April 25, 2024, with the latest economic data. He now projects Biden to receive 51.72% of the two-party vote share in the 2024 General Election.  We previously looked at Professor Fair’s model from Fall 2023 and Winter 2024.  This model relies on economic […]

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Presidential Prediction Market Déjà vu        

Feelings of déjà vu from the spring of 2020 for political forecasters and gamblers stems not from another contentious election, hopeless gridlock in D.C., or even the same presumptive nominees, but from Donald Trump and Joe Biden, again, both trading below 50% on prediction markets like PredictIt.  Four years ago neither Trump nor Biden were

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Updated Fair model shows economic fundamentals boosting Biden

Immune from news stories like Special Counsel Hur’s report or President Joe Biden’s press conference, Professor Ray Fair’s 2024 economy-driven vote share model shows Biden gaining ground since the last quarterly economic data was released. A summary of Professor Fair’s two-party vote-share model can be found in a previous article and here is Fair’s description

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Ray Fair vs. Iowa Electronic Markets

The New York Times recently wrote about how “The Fed’s Decisions Now Could Alter the 2024 Elections” (11/17/2023) and cited Yale Professor Ray Fair’s economy-driven election forecasting model: Professor Fair’s pioneering U.S. elections model does something that was fairly radical when he created it in the 1970s. It analyzes politics without really considering politics. Instead,

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FEC Reports Fail to Move Election Markets

We’re using PredictIt share prices to quantify how recent FEC reports may have led to changes in each candidate’s chances to win the GOP presidential nomination.  Those reports are: Presidential Super PACs also had a FEC semi-annual reporting period close on June 30th, although they didn’t have to file until July 31st.  The next period

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