Can subjective expectations data be used in choice models? Evidence on cognitive biases
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Abstract
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Note: For a published version of this report, see Basit Zafar, "Can Subjective Expectations Data Be Used in Choice Models? Evidence on Cognitive Biases," Journal of Applied Econometrics 26, no. 3 (April-May 2011): 520-44.
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- Basit Zafar, 2011. "Can subjective expectations data be used in choice models? evidence on cognitive biases," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(3), pages 520-544, April.
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More about this item
Keywords
expectations; endogeneity; dissonance; cognitive biases; college majors;All these keywords.
JEL classification:
- D8 - Microeconomics - - Information, Knowledge, and Uncertainty
- J7 - Labor and Demographic Economics - - Labor Discrimination
- J1 - Labor and Demographic Economics - - Demographic Economics
- I2 - Health, Education, and Welfare - - Education
NEP fields
This paper has been announced in the following NEP Reports:- NEP-CBE-2010-07-03 (Cognitive & Behavioural Economics)
- NEP-DCM-2010-07-03 (Discrete Choice Models)
- NEP-EDU-2010-07-03 (Education)
- NEP-EXP-2010-07-03 (Experimental Economics)
- NEP-NEU-2010-07-03 (Neuroeconomics)
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