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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...
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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...
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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
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