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- W2772781636 abstract "Answers to subjective probability questions in surveys are mainly heaped to different degrees at multiples of 5 or 10, suggesting that respondents round their responses. Taking these responses at face value is clearly problematic for gross form of rounding, given that a respondent gives a point response when only a wide interval response is meaningful. This paper analyzes three subjective probability questions posed in the Survey of Economic Expectations. The specific format of these questions permits, under some mild assumptions, to develop for each question a measure related to the extent of rounding. Whatever the question, a substantial fraction of answers are rounded grossly; it includes a majority of the 50s, as well as numerous M10. We are also able to find that younger respondents are more likely to provide a gross rounding to one of the question which asks them their expectations concerning the Social Security benefits that they will collect when they will turn 70." @default.
- W2772781636 created "2017-12-22" @default.
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- W2772781636 date "2016-01-01" @default.
- W2772781636 modified "2023-09-27" @default.
- W2772781636 title "On Probabilistic Expectations and Rounding in Surveys" @default.
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