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We develop and estimate a panel data model explaining the answers to questions about subjective probabilities, using data from the US Health and Retirement Study. We explicitly account for nonresponse, rounding, and focal point "50 percent" answers. Our results indicate that for three of the...
Persistent link: https://www.econbiz.de/10009154555
response rate thresholds as a guide to data quality. -- Non-response ; bias ; school survey ; data linkage ; PISA …
Persistent link: https://www.econbiz.de/10003941758
of respondent and the measure of child health. -- Child health ; income ; reporting bias …
Persistent link: https://www.econbiz.de/10003944292
survey. Even if nonresponse is random, severe bias attaches to wage equation coefficient estimates on attributes not matched … other household members. -- response bias ; imputation ; earnings nonresponse ; gender gap ; CPS …
Persistent link: https://www.econbiz.de/10009377090
We analyse the results of experiments on questionnaire design and interview mode in the first four waves (2008-11) of … questions within the interview. We find significant evidence of an influence of interview mode and question design on the …
Persistent link: https://www.econbiz.de/10010467804
We combine a survey and an experiment with real pay-out among Peking University students to measure and validate individual risk attitudes. The experiment involves choosing between a cash payment and playing a lottery. The survey questions ask for the reservation price of a hypothetical lottery...
Persistent link: https://www.econbiz.de/10003942220
We study response behavior in surveys and show how the explanatory power of self-reports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...
Persistent link: https://www.econbiz.de/10012588630
misperceptions of probability drive the favorite-longshot bias, as suggested by Prospect Theory. -- Pricing under risk ; probability …The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates … weighting ; compound lotteries ; favorite-longshot bias …
Persistent link: https://www.econbiz.de/10003958768
Persistent link: https://www.econbiz.de/10008780291
Can a short survey instrument reliably measure a range of fundamental economic preferences across diverse settings? We focus on survey questions that systematically predict behavior in incentivized experimental tasks among German university students (Becker et al. 2016) and were implemented...
Persistent link: https://www.econbiz.de/10012027629