EconTech

Well, maybe. I just saw this article over at the BBC saying that 2025 candidates were required to secure the Democratic nomination. Thinking that maybe, just maybe, the BBC is more reliable than most American news sources, I went over to the DNC’s website, and I see this image (Original Screenshot of DNC Website). Cropped [...]

It is a simple matter of expected payoffs. Unfortunately, my gambit install seems to be refusing to cooperate, so I can’t draw the diagram I want. Nevertheless, it can rather easily be explained.
If there is no consequence to breaking with the pack (voting outside, in this case, early, your allotted time) and there are potential [...]

Just yesterday I was witness to a discussion of whether the Florida and Michigan delegates were being counted by the major media outlets. I knew that they were of course not counted for the simple majority required to receive the nomination. However, I had no idea whether the media bothered to subtract the nuked delegates. [...]

Of course, Senator Clinton did quite well in last night’s primaries. Many people, I suspect, would expect that to have seriously changed the trading patterns on Intrade. Certainly, there was a shift. But 72/26 is not so different from the 80/20 that I saw just a couple of days ago. The markets seem to think [...]

I just on InTrade saw that Obama is at 52.3 for nominee, Clinton is at 47.8. I believe this is the first time he has been ahead of her, though I haven’t kept extremely close track.
For president, Obama is at 34.6,  McCain 34.9, and Clinton at 28. McCain being the GOP nominee is at 94%. [...]

I haven’t written much about e-voting initiatives, and there is too much to be written in a single space. But a few quick thoughts before passing you on to the well-versed Stokes. Avoiding the technical issues of which I am not capable of commenting on intelligently, the economic issues in these devices and processes are [...]

Economists often say that voting isn’t rational. The basic argument being that the marginal impact of the vote (almost always zero) is trivial compared to marginal cost of voting (anywhere from 15 minutes to several hours, times the wage rate.. definitely above zero, depending on if you live in a Republican district or Demo…no, not [...]