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Optimal Campaigning in Presidential Elections: The Probability of Being Florida

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  • Strömberg, David

    (Institute for International Economic Studies, Stockholm University)

Abstract

This paper delivers a precise recommendation for how presidential candidates should allocate their resources to maximize the probability of gaining a majority in the Electoral College. A two-candidate, probabilistic-voting model reveals that more resources should be devoted to states which are likely to be decisive in the electoral college and, at the same time, have very close state elections. The optimal strategies are empirically estimated using state-level opinion-polls available in September of the election year. The model’s recommended campaign strategies closely resemble those used in actual campaigns. The paper also analyses how the allocation of resources would change under the alternative electoral rule of a direct national vote for president.

Suggested Citation

  • Strömberg, David, 2002. "Optimal Campaigning in Presidential Elections: The Probability of Being Florida," Seminar Papers 706, Stockholm University, Institute for International Economic Studies.
  • Handle: RePEc:hhs:iiessp:0706
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    Cited by:

    1. Solé-Ollé, Albert & Sorribas-Navarro, Pilar, 2008. "The effects of partisan alignment on the allocation of intergovernmental transfers. Differences-in-differences estimates for Spain," Journal of Public Economics, Elsevier, vol. 92(12), pages 2302-2319, December.
    2. Johannes Fedderke, 2010. "Optimal Sets Of Candidates," Economics and Politics, Wiley Blackwell, vol. 22(2), pages 127-150, July.
    3. Subhasish Dey & Kunal Sen, 2016. "Is partisan alignment electorally rewarding? Evidence from village council elections in India," Global Development Institute Working Paper Series esid-063-16, GDI, The University of Manchester.
    4. Ray C. Fair, 2004. "Predicting Electoral College Victory Probabilities from State Probability Data," Cowles Foundation Discussion Papers 1496, Cowles Foundation for Research in Economics, Yale University.
    5. Larcinese, Valentino & Snyder, Jr., James M. & Testa, Cecilia, 2006. "Testing models of distributive politics using exit polls to measure voter preferences and partisanship," LSE Research Online Documents on Economics 3605, London School of Economics and Political Science, LSE Library.
    6. Wang, Samuel S.-H., 2015. "Origins of Presidential poll aggregation: A perspective from 2004 to 2012," International Journal of Forecasting, Elsevier, vol. 31(3), pages 898-909.
    7. Khemani, Stuti, 2007. "Does delegation of fiscal policy to an independent agency make a difference? Evidence from intergovernmental transfers in India," Journal of Development Economics, Elsevier, vol. 82(2), pages 464-484, March.
    8. Torsten Persson & Guido Tabellini, 2004. "Constitutions and Economic Policy," Journal of Economic Perspectives, American Economic Association, vol. 18(1), pages 75-98, Winter.
    9. Stephen Ansolabehere & James M. Snyder, 2006. "Party Control of State Government and the Distribution of Public Expenditures," Scandinavian Journal of Economics, Wiley Blackwell, vol. 108(4), pages 547-569, December.
    10. Aldashev, Gani, 2010. "Political Information Acquisition for Social Exchange," Quarterly Journal of Political Science, now publishers, vol. 5(1), pages 1-25, April.
    11. Ray C. Fair, 2006. "Interpreting the Predictive Uncertainty of Presidential Elections," Levine's Bibliography 321307000000000427, UCLA Department of Economics.
    12. Ray Fair, 2004. "Predicting Electoral College Victory Probabilities from State Probability Data," Yale School of Management Working Papers amz2406, Yale School of Management.
    13. Ray C. Fair, 2006. "Interpreting the Predictive Uncertainty of Elections," Cowles Foundation Discussion Papers 1579, Cowles Foundation for Research in Economics, Yale University, revised May 2007.
    14. Ray Fair, 2004. "Predicting Electoral College Victory Probabilities from State Probability Data," Yale School of Management Working Papers amz2406, Yale School of Management.

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    More about this item

    Keywords

    elections; political campaigns; public expenditures;
    All these keywords.

    JEL classification:

    • C50 - Mathematical and Quantitative Methods - - Econometric Modeling - - - General
    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • M37 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Advertising

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