BY-ELECTION POST 2018 GENERAL ELECTION IN MALAYSIA

The effect of Malaysia general election on stock market returns

During the latest episode of general election held in Malaysia, it is observed that the FBMKLCI index was lifted 62.52 points in a day soon after the announcement of election outcome. Moreover, the index registered a highest gain of 96.29 points in the middle of the intra-day trade. This suggests that investors who had got the right direction could make profitable intra-day trading the next tra...

Malaysia’s 2008 General Election

Leading theories of transitions from single-party dominant systems begin with economic crisis, the party’s loss of patronage resources, and elite-level defections. The multiparty elections that are then held exert no independent effect, but instead register neutrally the party’s decline and the democratization of politics. This paper, however, shifts attention from the dominant party to citizen...

Conservative Statistical Post-Election Audits

There are many sources of error in counting votes: the apparent winner might not be the rightful winner. Hand tallies of the votes in a random sample of precincts can be used to test the hypothesis that a full manual recount would find a different outcome. This paper develops a conservative sequential test based on the vote-counting errors found in a hand tally of a simple or stratified random ...

The 2005 General Election in Great Britain

Pre-electoral Coalitions and Post-election Bargaining1

We study a game-theoretic model where political parties can form coalitions both before and after the elections. Before election, coalitions can commit to a seat-sharing arrangement, but not to a policy or to a division of rents from o¢ ce; coalition members are free to break up and join other coalitions after the election. Equilibrium pre-electoral coalitions are not necessarily made up of the...