Article
Details
Citation
Comerford DA (2019) Asking for frequencies rather than percentages increases the validity of subjective probability measures: Evidence from subjective life expectancy. Economics Letters, 180, pp. 33-35. https://doi.org/10.1016/j.econlet.2019.04.001
Abstract
Survey measures of subjective expectations manifest anomalies in how people report percentages. The current research finds that frequency-based measures deliver more valid subjective probabilities of living to a given age than do questions that elicit a percentage chance.
Keywords
Expectations; Subjective probabilities; Survival expectations; Numeracy
Journal
Economics Letters: Volume 180
Status | Published |
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Publication date | 31/07/2019 |
Publication date online | 07/04/2019 |
Date accepted by journal | 03/04/2019 |
URL | http://hdl.handle.net/1893/29257 |
Publisher | Elsevier BV |
ISSN | 0165-1765 |
People (1)
Professor, Economics