Information flow in political elections: a stochastic perspective

09/11/2020
by   Santosh Kumar Radha, et al.
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Often times, a candidate's attractiveness is directly associated with his clear ideologies and opinions on various policies and social issues. Using the ideas of stochastic differential equations and Ornstein-Uhlenbeck Process, we develop a phenomenological model to understand the effect of (un)clearly communicating a candidate's stance on policies to the voting public. We will show that, counter intuitively, there are quantifiable advantages to be vague on one's stance.

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