Feral Jundi

Thursday, February 17, 2011

Cool Stuff: Predictions On Mideast Revolution–Economist Vs. Paddy Power

     Well, according to the Shoe-Thrower’s index Yemen is high on the list.  Of course this is not as current as the Paddy Power prediction, which indicates Bahrain as the next to go.  But Yemen is still a close second.

    Also, if guys have radically different odds from a different source, please feel free to post those with a link in the comments section. –Matt

Edit: 02/20/2010- It looks like Paddy Power took it down.  Although I will leave up the odds from that date, just for reference.

Edit: 02/22/2011- Intrade now offers contracts on who will fall next. Check it out here. Libya and Bahrain are very active.

The Shoe-Thrower’s index

Feb 9th 2011

An index of unrest in the Arab world

IN THIS week’s print edition we ran a table showing a number of indicators for members of the Arab League. By adding a few more and ascribing different weights to them we have come up with the Shoe-Thrower’s index, which aims to predict where the scent of jasmine may spread next. Some factors are hard to put a number on and are therefore discounted. For instance, dissent is harder in countries with a very repressive secret police (like Libya). The data on unemployment were too spotty to be comparable and so this important factor is discounted too. We took out the Comoros and Djibouti, which do not have a great deal in common with the rest of the group, and removed the Palestinian territories, Sudan and Somalia for lack of data. The chart below is the result of ascribing a weighting of 35% for the share of the population that is under 25; 15% for the number of years the government has been in power; 15% for both corruption and lack of democracy as measured by existing indices; 10% for GDP per person; 5% for an index of censorship and 5% for the absolute number of people younger than 25. Jordan comes out surprisingly low on the chart, which suggests the weighting might need to be tweaked. Post suggestions in the comments below and we will refine it.

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Paddy Power odds (as of Feb 17, 2011)

Next Leader To Step Down

Applies to the next country from the below list to have a prime minister/president/monarch/state leader step down due to public protests,

Must be reported by Sky News,

PP decision is final in settlement. (amount won if you bet $2)

Bahrain 3/1               $8

Yemen 7/2                   9

Jordan 7/2                   9

Morocco 5/1               12

Algeria 6/1                 14

Libya 7/1                    16

Iran 12/1                    26

Iraq 16/1                    34

Sudan 16/1                 34

Saudi Arabia 20/1    42

Syria 20/1                  42

(more…)

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