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Despite all sorts of the idiosyncratic factors that have seemingly influenced the global economy over the years, there is a clear trend.
A better model would essentially average the idiosyncratic factors of each president to generate a baseline against which Mr. Obama's approval could be evaluated.
If we want to look at presidential approval from 1948 to 2008, then predict what Mr. Obama's approval "should be," how should we account for these idiosyncratic factors?
Electoral participation rates depend on many factors, including the type of electoral system, the social groupings to which voters belong, the voters' personalities and beliefs, their places of residence, and a host of other idiosyncratic factors.
The reason was how the model dealt with this fact: in addition to the systematic factors that influence presidential approval — economic indicators, for example — idiosyncratic factors will also influence approval.
where E is the expected return on the asset, b is the asset's sensitivity to a change in the systematic factor, f is the actual return on the systematic factor, and e is the return on the unsystematic, idiosyncratic factors.
Similar(44)
Admittedly, a limitation of the present study is that the behavioural effectiveness of principal sulcus damage was not verified in these three cases specifically, but it seems highly doubtful that some idiosyncratic factor common to all three cases would prevent bilateral DLPFC damage from producing impairments that would otherwise be expected.
At the moment, contributions to peacekeeping efforts around the world are based on idiosyncratic, political factors.
Obama's advantage in the state can be explained, to some extent, by idiosyncratic local factors.
Linguistic performance, he argued, is scientifically intractable, because it is the result of too many idiosyncratic interacting factors.
The value produced by that effort is y = n + ν + ϵ, where ν and ϵ are the result of mean zero idiosyncratic random factors beyond the worker's control.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com