Predicting the outcomes of United States Presidential Elections has become a favourite project of many data scientists and academics. Creating a model which can accurately predict who the next president will be is a sure-fire way to solidify one's name as a reputable source of analysis. The...

This study examines voter turnout in U.S. presidential elections from 1960-2008. Specifically, this study contributes to the literature by using a panel spatial econometric model to investigate whether, on the margin, voters behave rationally (increased voter turnout) when the probability of...

Voters punish incumbent Presidential candidates for contractions in the local (county-level) supply of mortgage credit during market-wide contractions of credit, but they do not reward them for expansions in mortgage credit supply in boom times. Our primary focus is the Presidential election of...

Voters punish incumbent Presidential candidates for contractions in the local (county-level) supply of mortgage credit during market-wide contractions of credit, but they do not reward them for expansions in mortgage credit supply in boom times. Our primary focus is the Presidential election of...

Social influence plays an important role in human behavior and decisions. Sources of influence can be divided as external, which are independent of social context, or as originating from peers, such as family and friends. An important question is how to disentangle the social contagion by peers...

This paper examines whether political events create, or resolve uncertainty in financial markets. In the few days following the surprise outcomes of the Brexit referendum and the 2016 U.S. presidential election, bid-ask spreads increase, quoted depth decreases, and volatility increases. We fail...

In the United States, the legitimacy of presidents who do not obtain a majority of the popular vote is often questioned. Debates on electoral legitimacy tend to revolve around the relative importance of the Electoral College and the popular vote. We develop a theory of electoral legitimacy...