The basic financial principle of diversification is applied to the U.S. Presidential election process. Applying this principle shows that the current Electoral College system may offer significant advantages over a direct voting system. Calls for an abolishment of the Electoral College may be premature if the goal of the election process is to ensure accurate results.
- Electoral college
- Modern portfolio theory
ASJC Scopus subject areas
- Sociology and Political Science
- Economics and Econometrics