Britain’s vote to leave the European Union has left no shortage of losers: Prime Minister David Cameron, the pound sterling and the European Union itself. But it also exposed a familiar culprit: the pollsters. CONT. Dan Bilefsky, New York Times Read more »
Brexit: What Happened?
When considering the myriad of predictions before Brexit, when it comes to polling, financial markets, and prediction markets, there are certainly some bright spots and some concern: First, polling did pretty well, depending on what polls you cherry picked. … Second, financial markets did really bad at predicting. CONT. David […] Read more »
Britain Votes to Leave the European Union
In what must be the most dramatic twenty-four hours of political life any of us have experienced or are ever likely to encounter again, Britain has voted to the leave the European Union, the Prime Minister has announced his resignation and the country has embarked on a period of instability […] Read more »
Here’s why pollsters and pundits got Brexit wrong
Late Thursday night, voters in the English city of Newcastle chose to remain in the European Union. Pollsters had predicted that voters there and elsewhere in Britain would have voted Remain by a considerable margin. In the end, Remain won by the tiniest of margins, taking 50.7 percent of the […] Read more »
Why the Surprise Over ‘Brexit’? Don’t Blame the Polls
… In a sense, the E.U. referendum joins a pretty long list of election forecasting errors. But this one was a bit different: It was not a cataclysmic polling failure. … If there’s a lesson here, it’s a fairly straightforward one: Don’t get too confident in contests when the polls […] Read more »
After Brexit and Trump, it’s time to stop trusting our guts and start trusting the polls
… We saw this during the Republican primaries. Donald Trump led poll after poll, but seasoned political observers simply refused to believe he would win. … And then, of course, he won. Brexit followed much the same path. Even as the polls tightened, elite sentiment remained confident. On the eve of […] Read more »