This is a report, where preliminary work regarding the topic of voting intention inference from Social Media - such as Twitter - is presented. Our case study is the UK 2010 General Election and we are focusing on predicting the percentages of voting intention polls (conducted by YouGov) for the three major political parties - Conservatives, Labours and Liberal Democrats - during a 5-month period before the election date (May 6, 2010). We form three methodologies for extracting positive or negative sentiment from tweets, which build on each other, and then propose two supervised models for turning sentiment into voting intention percentages. Interestingly, when the content of tweets is enriched by attaching synonymous words, a significant improvement on inference performance is achieved reaching a mean absolute error of 4.34 + - 2.13 ; in that case, the predictions are also shown to be statistically significant. The presented methods should be considered as work-in-progress; limitations and suggestions for future work appear in the final section of this script.
@cite_10: Using social media for political discourse is increasingly becoming common practice, especially around election time. Arguably, one of the most interesting aspects of this trend is the possibility of ''pulsing'' the public's opinion in near real-time and, thus, it has attracted the interest of many researchers as well as news organizations. Recently, it has been reported that predicting electoral outcomes from social media data is feasible, in fact it is quite simple to compute. Positive results have been reported in a few occasions, but without an analysis on what principle enables them. This, however, should be surprising given the significant differences in the demographics between likely voters and users of online social networks. This work aims to test the predictive power of social media metrics against several Senate races of the two recent US Congressional elections. We review the findings of other researchers and we try to duplicate their findings both in terms of data volume and sentiment analysis. Our research aim is to shed light on why predictions of electoral (or other social events) using social media might or might not be feasible. In this paper, we offer two conclusions and a proposal: First, we find that electoral predictions using the published research methods on Twitter data are not better than chance. Second, we reveal some major challenges that limit the predictability of election results through data from social media. We propose a set of standards that any theory aiming to predict elections (or other social events) using social media should follow.
Moreover, an interesting paper conducted a further analysis of the aforementioned methodologies and proposed a triplet of necessary standards that any theory aiming to provide a consistent prediction of elections using content from the Social Media should follow @cite_10 . The authors recommend that firstly the prediction theory should be formed as a well defined algorithm, secondly the analysis should be aware of the different characteristics arising in the Social Web and thirdly that the method must include experimental justification on why it works.