<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
		>
<channel>
	<title>Comments on: Horse Races and Odds</title>
	<atom:link href="http://crookedtimber.org/2008/03/13/horse-races-and-odds/feed/" rel="self" type="application/rss+xml" />
	<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/</link>
	<description>Out of the crooked timber of humanity, no straight thing was ever made</description>
	<lastBuildDate>Sun, 27 May 2012 05:09:40 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.2</generator>
	<item>
		<title>By: mullaghman</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232594</link>
		<dc:creator>mullaghman</dc:creator>
		<pubDate>Sat, 15 Mar 2008 15:09:19 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232594</guid>
		<description>Where Theory meets die Praxis
 
Obama with 299 electoral college votes and Clinton with 279 is simply the 2004 outcome (Dems with 252 votes) plus Florda (27 ec votes) and Ohio (20).  We were projecting those outcomes as &quot;what ifs&quot; on election night 2004 on beer napkins without the rigors of a Monte Carlo simulation.  And to say that Obama&#039;s lead is 3X Clinton&#039;s is non-sensical: electoral college votes are not discrete, they come bundled. Obama&#039;s lead in the model&#039;s outcome is simply &quot;one state.&quot;  



The electoral college imposes a harsh reality and can distort national data:

(1) As impressive as Obama has been, can there be any doubt that his standing in national polls and resulting competiveness vs McCain has been significantly enhanced by his &quot;wins&quot; in Democratic primaries in states which are quite peripheral to the needs of Democrats in the electoral college;

(2) With an Obama nomination, the Democrats will undoubtedly attract a disproportionate share of first-time voters (younger and older) but this will occur mostly in states already &quot;safe&quot; for Democrats;  the vast majority of Republcan electoral votes are impervious to cohort changes in voter turnout.  The &quot;tunrout&quot; effect attributed to Obama, and his attractiveness to independents/non-voters on a national level are quite different to electoral college impacts.

(3) the ticket will matter:  McCain will undoubtedly choose a VP on his &quot;right;&quot; Obama will choose a centrist; and Clinton can pick a VP on her left.  Advantage to Clinton who can move to the center and pre-empt space McCain needs to be competitive in.  This is why party professionals want the &quot;dream team&quot; ticket of &quot;Clinton/Obama.&quot;    

As arcane as it is, the EC works in mysterious ways.</description>
		<content:encoded><![CDATA[	<p>Where Theory meets die Praxis</p>

	<p>Obama with 299 electoral college votes and Clinton with 279 is simply the 2004 outcome (Dems with 252 votes) plus Florda (27 ec votes) and Ohio (20).  We were projecting those outcomes as &#8220;what ifs&#8221; on election night 2004 on beer napkins without the rigors of a Monte Carlo simulation.  And to say that Obama&#8217;s lead is 3X Clinton&#8217;s is non-sensical: electoral college votes are not discrete, they come bundled. Obama&#8217;s lead in the model&#8217;s outcome is simply &#8220;one state.&#8221;</p>



	<p>The electoral college imposes a harsh reality and can distort national data:</p>

	<p>(1) As impressive as Obama has been, can there be any doubt that his standing in national polls and resulting competiveness vs McCain has been significantly enhanced by his &#8220;wins&#8221; in Democratic primaries in states which are quite peripheral to the needs of Democrats in the electoral college;</p>

	<p>(2) With an Obama nomination, the Democrats will undoubtedly attract a disproportionate share of first-time voters (younger and older) but this will occur mostly in states already &#8220;safe&#8221; for Democrats;  the vast majority of Republcan electoral votes are impervious to cohort changes in voter turnout.  The &#8220;tunrout&#8221; effect attributed to Obama, and his attractiveness to independents/non-voters on a national level are quite different to electoral college impacts.</p>

	<p>(3) the ticket will matter:  McCain will undoubtedly choose a VP on his &#8220;right;&#8221; Obama will choose a centrist; and Clinton can pick a VP on her left.  Advantage to Clinton who can move to the center and pre-empt space McCain needs to be competitive in.  This is why party professionals want the &#8220;dream team&#8221; ticket of &#8220;Clinton/Obama.&#8221;</p>

	<p>As arcane as it is, the EC works in mysterious ways.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: Seth Finkelstein</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232406</link>
		<dc:creator>Seth Finkelstein</dc:creator>
		<pubDate>Fri, 14 Mar 2008 02:35:29 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232406</guid>
		<description>Regarding - &quot;There is, however, no good reason to assume that Obama’s ratings can only go down while Clinton’s cannot drop any further.&quot;

The problem is that Obama has never been through the wringer in the way that Clinton has. Taking their current polling as an indicator of their FUTURE appeal without even considering this difference seems to me bad modelling.

Just look at today&#039;s story about Obama&#039;s Pastor Rev. Jeremiah Wright. That&#039;s a taste of things to come.
Oh, here&#039;s another: &quot;One of Obama&#039;s Earmarks Went to Hospital That Employs Michelle Obama&quot;

You&#039;re going to see the evidence very frequently.

david w, I&#039;m not sure how good such a &quot;coattails&quot; effect will be if Obama ends up covered in mud.</description>
		<content:encoded><![CDATA[	<p>Regarding &#8211; &#8220;There is, however, no good reason to assume that Obama&#8217;s ratings can only go down while Clinton&#8217;s cannot drop any further.&#8221;</p>

	<p>The problem is that Obama has never been through the wringer in the way that Clinton has. Taking their current polling as an indicator of their <span class="caps">FUTURE</span> appeal without even considering this difference seems to me bad modelling.</p>

	<p>Just look at today&#8217;s story about Obama&#8217;s Pastor Rev. Jeremiah Wright. That&#8217;s a taste of things to come.<br />
Oh, here&#8217;s another: &#8220;One of Obama&#8217;s Earmarks Went to Hospital That Employs Michelle Obama&#8221;</p>

	<p>You&#8217;re going to see the evidence very frequently.</p>

	<p>david w, I&#8217;m not sure how good such a &#8220;coattails&#8221; effect will be if Obama ends up covered in mud.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: David W.</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232399</link>
		<dc:creator>David W.</dc:creator>
		<pubDate>Fri, 14 Mar 2008 00:21:46 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232399</guid>
		<description>seth, my feeling is that while Hillary Clinton&#039;s doesn&#039;t have as much downside potential as Obama does, she doesn&#039;t have as much of an upside potential either.  In short I think both can win but I prefer taking a slightly greater risk with Obama because I think the chance for a bigger electoral payoff is worth it.  I know in Minnesota where I work that the GOP Senate incumbent Norm Coleman would have a much tougher race with Obama at the top of the ticket because Obama will attract more independents to the polls and they&#039;ll be more kindly disposed to vote for someone like Al Franken than Coleman because back in 1998 they voted for Jesse Ventura over Coleman for Minnesota governor.  And that scenario also plays out, albeit somewhat differently in other states as well.</description>
		<content:encoded><![CDATA[	<p>seth, my feeling is that while Hillary Clinton&#8217;s doesn&#8217;t have as much downside potential as Obama does, she doesn&#8217;t have as much of an upside potential either.  In short I think both can win but I prefer taking a slightly greater risk with Obama because I think the chance for a bigger electoral payoff is worth it.  I know in Minnesota where I work that the <span class="caps">GOP </span>Senate incumbent Norm Coleman would have a much tougher race with Obama at the top of the ticket because Obama will attract more independents to the polls and they&#8217;ll be more kindly disposed to vote for someone like Al Franken than Coleman because back in 1998 they voted for Jesse Ventura over Coleman for Minnesota governor.  And that scenario also plays out, albeit somewhat differently in other states as well.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: Thrasymachus</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232397</link>
		<dc:creator>Thrasymachus</dc:creator>
		<pubDate>Thu, 13 Mar 2008 23:44:42 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232397</guid>
		<description>&lt;i&gt;It is not at all clear which Democratic candidate will fair better.&lt;/i&gt; 

Um... I think it is.  Virtually every poll shows Obama performing better than Clinton in a contest with McCain.  Most Republicans regard Obama as the more dangerous opponent.  They would much prefer to run against Clinton, who unites and galvanizes the Republican base far better than any other Democrat, and who also has relatively little appeal to independents.  

&lt;i&gt;But a lot of even middling technically sophisticated analysis I’ve seen seems to me very flawed by projecting the current state of Obama-love into the indefinite future.&lt;/i&gt;

Maybe.  And maybe not.  None of us can predict what will happen between now and November.  There is, however, no good reason to assume that Obama&#039;s ratings can only go down while Clinton&#039;s cannot drop any further.  

If you have any evidence to the contrary please provide it. Much of the commentary from Clinton&#039;s supporters seems to consist of wishful thinking unsupported by any evidence.</description>
		<content:encoded><![CDATA[	<p><i>It is not at all clear which Democratic candidate will fair better.</i></p>

	<p>Um&#8230; I think it is.  Virtually every poll shows Obama performing better than Clinton in a contest with McCain.  Most Republicans regard Obama as the more dangerous opponent.  They would much prefer to run against Clinton, who unites and galvanizes the Republican base far better than any other Democrat, and who also has relatively little appeal to independents.</p>

	<p><i>But a lot of even middling technically sophisticated analysis I&#8217;ve seen seems to me very flawed by projecting the current state of Obama-love into the indefinite future.</i></p>

	<p>Maybe.  And maybe not.  None of us can predict what will happen between now and November.  There is, however, no good reason to assume that Obama&#8217;s ratings can only go down while Clinton&#8217;s cannot drop any further.</p>

	<p>If you have any evidence to the contrary please provide it. Much of the commentary from Clinton&#8217;s supporters seems to consist of wishful thinking unsupported by any evidence.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: D Jagannathan</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232383</link>
		<dc:creator>D Jagannathan</dc:creator>
		<pubDate>Thu, 13 Mar 2008 21:51:53 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232383</guid>
		<description>Aristotle, quoting the poet Agathon, has a nice bit about this fallacy in the Rhetoric (1402a7-15):

---
Among the rhetoricians, a persuasive argument comes up on the basis of what is not simply probable, but only probable in a certain way.  This is not true on the whole, as Agathon says,

&quot;Perhaps someone might say that this is probable:
Many improbable things happen to people.&quot;

That&#039;s because what&#039;s improbable happens, so that what&#039;s improbable is probable [in a certain way].  But it is not simply probable.  
---</description>
		<content:encoded><![CDATA[	<p>Aristotle, quoting the poet Agathon, has a nice bit about this fallacy in the Rhetoric (1402a7-15):<br />
&#8212;-<br />
Among the rhetoricians, a persuasive argument comes up on the basis of what is not simply probable, but only probable in a certain way.  This is not true on the whole, as Agathon says,</p>

	<p>&#8220;Perhaps someone might say that this is probable:<br />
Many improbable things happen to people.&#8221;</p>

	<p>That&#8217;s because what&#8217;s improbable happens, so that what&#8217;s improbable is probable [in a certain way].  But it is not simply probable.&#8212;-</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: Seth Finkelstein</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232376</link>
		<dc:creator>Seth Finkelstein</dc:creator>
		<pubDate>Thu, 13 Mar 2008 21:21:49 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232376</guid>
		<description>david w - True, but I think dealing with the Republican attack-machine for eight years of being First Lady does indeed count as significant campaign-relevant experience.

It is not at all clear which Democratic candidate will fair better. But a lot of even middling technically sophisticated analysis I&#039;ve seen seems to me very flawed by projecting the current state of Obama-love into the indefinite future. He&#039;s gotten a gushing, very uncritical, press-ride for a few months, and that&#039;s not going to continue forever. Moreover, I&#039;m no expert on politics, but the idea I see a lot that the Republicans don&#039;t know how to handle him because gosh darn it, he&#039;s just so shiny and new, seems to me to be ludicrous.</description>
		<content:encoded><![CDATA[	<p>david w &#8211; True, but I think dealing with the Republican attack-machine for eight years of being First Lady does indeed count as significant campaign-relevant experience.</p>

	<p>It is not at all clear which Democratic candidate will fair better. But a lot of even middling technically sophisticated analysis I&#8217;ve seen seems to me very flawed by projecting the current state of Obama-love into the indefinite future. He&#8217;s gotten a gushing, very uncritical, press-ride for a few months, and that&#8217;s not going to continue forever. Moreover, I&#8217;m no expert on politics, but the idea I see a lot that the Republicans don&#8217;t know how to handle him because gosh darn it, he&#8217;s just so shiny and new, seems to me to be ludicrous.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: David W.</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232319</link>
		<dc:creator>David W.</dc:creator>
		<pubDate>Thu, 13 Mar 2008 17:28:03 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232319</guid>
		<description>seth, Hillary Clinton has never had to run a tough campaign herself having cruised to two easy wins in NY.

Nor am I sure that having pro-war Hillary running against pro-war McCain is all that good a bet.</description>
		<content:encoded><![CDATA[	<p>seth, Hillary Clinton has never had to run a tough campaign herself having cruised to two easy wins in NY.</p>

	<p>Nor am I sure that having pro-war Hillary running against pro-war McCain is all that good a bet.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: Jeff</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232300</link>
		<dc:creator>Jeff</dc:creator>
		<pubDate>Thu, 13 Mar 2008 15:40:10 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232300</guid>
		<description>Independence bad.

Further, you might as well choose a distribution for the random variable that models your beliefs about reality better than the normal; you don&#039;t need normal&#039;s nice analytical properties if you simulate.</description>
		<content:encoded><![CDATA[	<p>Independence bad.</p>

	<p>Further, you might as well choose a distribution for the random variable that models your beliefs about reality better than the normal; you don&#8217;t need normal&#8217;s nice analytical properties if you simulate.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: James Wimberley</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232294</link>
		<dc:creator>James Wimberley</dc:creator>
		<pubDate>Thu, 13 Mar 2008 15:24:55 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232294</guid>
		<description>Rich in #11: 
With enough computing power, can&#039;t you simulate across variations in model structure?
Think of the multiverse as a problem in theology and a solution in theodicy. God is trying to get the Creation right just once, to have free intelligent creatures to talk to that don&#039;t screw around. Each universe is defined by different laws of nature. On this hypothesis we just happen to live in one of the failures.</description>
		<content:encoded><![CDATA[	<p>Rich in #11:<br />
With enough computing power, can&#8217;t you simulate across variations in model structure?<br />
Think of the multiverse as a problem in theology and a solution in theodicy. God is trying to get the Creation right just once, to have free intelligent creatures to talk to that don&#8217;t screw around. Each universe is defined by different laws of nature. On this hypothesis we just happen to live in one of the failures.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: Rich B.</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232276</link>
		<dc:creator>Rich B.</dc:creator>
		<pubDate>Thu, 13 Mar 2008 14:01:00 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232276</guid>
		<description>&lt;i&gt;I ran 10,000 simulations, which is plenty to remove sampling error, though obviously not modelling error.&lt;/i&gt;

Ah, if only there were a number of simulations you could run that would remove modelling error!</description>
		<content:encoded><![CDATA[	<p><i>I ran 10,000 simulations, which is plenty to remove sampling error, though obviously not modelling error.</i></p>

	<p>Ah, if only there were a number of simulations you could run that would remove modelling error!</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: glenn</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232262</link>
		<dc:creator>glenn</dc:creator>
		<pubDate>Thu, 13 Mar 2008 11:13:27 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232262</guid>
		<description>This makes alot of sense and coincides with a general belief among centrists and liberals that it would be (much) easier for Obama to beat McCain than it would be for Hillary, since many of the arguments she uses to try to establish her qualifications (experience, vetted-ness, toughness) are actually much stronger arguments for McCain. Also, since they both were for the war (and still seem to be), and Obama was clearly against the war, it&#039;d be very hard for Hillary to draw many contrasts on the subjects that are currently important to many Americans, than it is for Obama.

Obama stands out and is unique. He is an attractive (figuratively) candidate for many because he not only represents newness, but is the only credible alternative (to either of his opponents) to changing the status quo. Clinton and McCain represent the staus quo.</description>
		<content:encoded><![CDATA[	<p>This makes alot of sense and coincides with a general belief among centrists and liberals that it would be (much) easier for Obama to beat McCain than it would be for Hillary, since many of the arguments she uses to try to establish her qualifications (experience, vetted-ness, toughness) are actually much stronger arguments for McCain. Also, since they both were for the war (and still seem to be), and Obama was clearly against the war, it&#8217;d be very hard for Hillary to draw many contrasts on the subjects that are currently important to many Americans, than it is for Obama.</p>

	<p>Obama stands out and is unique. He is an attractive (figuratively) candidate for many because he not only represents newness, but is the only credible alternative (to either of his opponents) to changing the status quo. Clinton and McCain represent the staus quo.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: dsquared</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232252</link>
		<dc:creator>dsquared</dc:creator>
		<pubDate>Thu, 13 Mar 2008 07:48:18 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232252</guid>
		<description>&lt;a href=&quot;http://pollkatz.homestead.com/files/kerryEVproj.htm&quot; rel=&quot;nofollow&quot;&gt;Pollkatz method, explained (scroll down)&lt;/a&gt;</description>
		<content:encoded><![CDATA[	<p><a href="http://pollkatz.homestead.com/files/kerryEVproj.htm" rel="nofollow">Pollkatz method, explained (scroll down)</a></p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: dsquared</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232251</link>
		<dc:creator>dsquared</dc:creator>
		<pubDate>Thu, 13 Mar 2008 07:45:44 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232251</guid>
		<description>Brian - Stuart Thiel (who runs the Dr Pollkatz site) reckons, credibly, that there is a lot of information in the correlation matrix of statewise polls (ie for example that the North Dakota poll should have a Bayesian shrink in the direction of the South Dakota poll and so on).  I think there might be a big gain in accuracy from dropping the assumption of 50 independent variables.</description>
		<content:encoded><![CDATA[	<p>Brian &#8211; Stuart Thiel (who runs the Dr Pollkatz site) reckons, credibly, that there is a lot of information in the correlation matrix of statewise polls (ie for example that the North Dakota poll should have a Bayesian shrink in the direction of the South Dakota poll and so on).  I think there might be a big gain in accuracy from dropping the assumption of 50 independent variables.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: Scott Hughes</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232234</link>
		<dc:creator>Scott Hughes</dc:creator>
		<pubDate>Thu, 13 Mar 2008 04:38:25 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232234</guid>
		<description>It seems their general electability is so close that, if someone wants to vote, just vote for who you would prefer out of Obama and Clinton. It&#039;s worth the gamble that you are voting for someone who has may seem to have slightly less of a chance in a general election.</description>
		<content:encoded><![CDATA[	<p>It seems their general electability is so close that, if someone wants to vote, just vote for who you would prefer out of Obama and Clinton. It&#8217;s worth the gamble that you are voting for someone who has may seem to have slightly less of a chance in a general election.</p>
 ]]></content:encoded>
	</item>
	<item>
		<title>By: Seth Finkelstein</title>
		<link>http://crookedtimber.org/2008/03/13/horse-races-and-odds/comment-page-1/#comment-232226</link>
		<dc:creator>Seth Finkelstein</dc:creator>
		<pubDate>Thu, 13 Mar 2008 03:34:45 +0000</pubDate>
		<guid isPermaLink="false">http://crookedtimber.org/2008/03/13/horse-races-and-odds/#comment-232226</guid>
		<description>I&#039;m dubious about &quot;In Obama v McCain, those states will probably go to Obama.&quot;. That probably does have an answer that could be projected, but I don&#039;t know if current polls are the way to go. I speculate that when the Republican attack-machine really gets going, an inexperienced African-American (literally) who is campaigning anti-war, will make a very motivational target.</description>
		<content:encoded><![CDATA[	<p>I&#8217;m dubious about &#8220;In Obama v McCain, those states will probably go to Obama.&#8221;. That probably does have an answer that could be projected, but I don&#8217;t know if current polls are the way to go. I speculate that when the Republican attack-machine really gets going, an inexperienced African-American (literally) who is campaigning anti-war, will make a very motivational target.</p>
 ]]></content:encoded>
	</item>
</channel>
</rss>

