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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/10012723907
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/10011394752
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In this chapter, I review the elicitation and use of subjective expectations in low- and middle-income countries (LMICs). I begin by describing several elicitation methods used in this context, together with the key relevant methodological issues, typical patterns of answers, and further...
Persistent link: https://www.econbiz.de/10014079071
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, expectations,...
Persistent link: https://www.econbiz.de/10013049426
We implement a randomized information intervention to enhance expectations about the productivity of effort. Our sample consists of an entire cohort of undergraduate students at a UK university. The intervention increases first-year exam grades and overall GPA, with an intention-to-treat effect...
Persistent link: https://www.econbiz.de/10014347367
Persistent link: https://www.econbiz.de/10009261737
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, expectations...
Persistent link: https://www.econbiz.de/10010422733
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, expectations,...
Persistent link: https://www.econbiz.de/10010404593