Combining survey questions with a Bayesian bootstrap method improves election forecasts
We present a Bayesian bootstrap method for election forecasting that integrates traditional own-intention questions with wisdom-of-crowds questions, which ask for social-circle expectations and election forecasts. Across the 2018, 2020, and 2024 U.S. elections, wisdom-of-crowds questions consistently outperformed own-intention questions in predicting vote shares. The Bayesian bootstrap combines these questions in a theoretically justified way, assigning weights based on their inferred informational value. The main assumption is that election winner expectations for a given participant are themselves an optimal Bayesian forecast in light of all evidence available to that participant. Social-circle expectations contribute the most to the Bayesian bootstrap forecast, as they reduce demographic biases and capture hidden voter preferences. The method improves forecast accuracy across diverse electoral contexts, offering a principled approach to combining polling questions and suggesting applicability to forecasting other social phenomena.
Authors
- Henrik Olsson (ORCID: https://orcid.org/0000-0002-0099-7862)
- Dražen Prelec (ORCID: https://orcid.org/0000-0002-9507-5368)
- Mirta Galešić (ORCID: https://orcid.org/0000-0002-1712-9455)
- Wändi Bruine de Bruin (ORCID: https://orcid.org/0000-0002-1601-789X)
Institutions
- Massachusetts Institute of Technology (US)
Publication Details
- Published
- 2026-10-28
- DOI
- https://doi.org/10.31219/osf.io/nqcgs_v3
- Primary Topic
- Forecasting Techniques and Applications
- Type
- preprint