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200902Predicting PoliticsMajumderaSaikat

February 2009

Predicting Politics200902MajumderaSaikat

Predicting Politics
Political prediction markets—in which participants buy and sell “contracts” based on who they think will win an election—accurately predicted Barack Obama’s 2008 victory. New research by Daniel Diermeier (Managerial Economics and Decision Sciences) and colleagues shows that these markets behave similar to financial markets, except when traders’ partisan feelings get in the way.

MajumderaSaikat200902Predicting Politics

Saikat Ray Majumdera

Daniel Diermeier

Thomas A Rietz

Luís A. Nunes Amaral

200809Strategic Activism and Nonmarket StrategyBaron David

September 2008

Strategic Activism and Nonmarket Strategy200809Baron David

Strategic Activism and Nonmarket Strategy
In 1987 Rainforest Action Network (RAN) initiated a nationwide boycott against Burger King. At the core of their demands was the accusation that the contracts with Central American countries for exports of cheap hamburger beef resulted in “rainforests being denuded to provide pasture for cattle” (RAN 2007). The result: a 12 percent drop in Burger King’s sales and the cancellation of $35 million worth of contracts with the tropical countries. This example reflects a trend: activist organizations ceasing to direct their demands to governments and, according to David Baron and Daniel Diermeier, “increasingly turning to private politics to advance their agenda.”

Baron David200809Strategic Activism and Nonmarket Strategy

David P. Baron

Daniel Diermeier