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Persistent link: https://www.econbiz.de/10010625507
The majority of economic decisions are forward-looking and thus involve expectations of future outcomes. Understanding the expectations that individuals have is thus of crucial importance to designing and evaluating policies in health, education, finance, migration, social protection, and many...
Persistent link: https://www.econbiz.de/10008867092
The majority of economic decisions taken by individuals are forward looking and thus involve their expectations of future outcomes. Understanding the expectations that individuals have is thus of crucial importance to designing and evaluating policies in health, education, finance, migration,...
Persistent link: https://www.econbiz.de/10005079997
Eliciting subjective probability distributions in developing countries is often based on visual aids such as beans to represent probabilities and intervals on a sheet of paper to represent the support. The authors conducted an experiment in India that tested the sensitivity of elicited...
Persistent link: https://www.econbiz.de/10008670396
Estimates of differential mortality by socioeconomic status play an important role in several domains: in public policy for assessing distributional effects of public programs; in financial markets for the design of life insurance and annuities; and in individual decision making when figuring...
Persistent link: https://www.econbiz.de/10005545483
Individuals' subjective expectations are important in explaining heterogeneity in individual choices, but their elicitation poses challenges. In this paper, the authors present their findings from testing an innovative visual representation of an Internet survey in the context of individuals'...
Persistent link: https://www.econbiz.de/10005545508
When choosing a contraception method, women base their decisions on their subjective expectations about the realizations of method-related outcomes. Examples of outcomes include getting pregnant and contracting a sexually transmitted disease (STD). I combine innovative data on probabilistic...
Persistent link: https://www.econbiz.de/10005400841
We investigate the determinants of students’ university choice, with a focus on expected monetary returns, non-pecuniary factors enjoyed at school, and financial constraints, in the Pakistani context. To mitigate the identification problem concerning the separation of preferences,...
Persistent link: https://www.econbiz.de/10011132317
This paper presents some preliminary findings from Wave 5 of the Innovation Panel (IP5) of Understanding Society: The UK Household Longitudinal Study. Understanding Society is a major panel survey in the UK. In February 2012, the fifth wave of the Innovation Panel went into the field. IP5 used a...
Persistent link: https://www.econbiz.de/10011132357
We use probabilistic expectations data elicited from survey respondents in rural Malawi to investigate how risky sexual behavior may be influenced by individuals’ survival expectations, which in turn depend on the perceived impact of HIV/AIDS on survival; expectations about own and...
Persistent link: https://www.econbiz.de/10011133615