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来源类型Working Paper
规范类型报告
DOI10.3386/w10462
来源IDWorking Paper 10462
A Test for Anchoring and Yea-Saying in Experimental Consumption Data
Arthur van Soest; Michael Hurd
发表日期2004-05-03
出版年2004
语种英语
摘要In the experimental module of the AHEAD 1995 data, the sample is randomly split into respondents who get an open-ended question on the amount of total family consumption - with follow-up unfolding brackets (of the form: is consumption $X or more?) for those who answer don't know' or refuse' - and respondents who are immediately directed to unfolding brackets. In both cases, the entry point of the unfolding bracket sequence is randomized. These data are used to develop a nonparametric test for whether people make mistakes in answering the first bracket question, allowing for any type of selection into answering the open-ended question or not. Two well-known types of mistakes are considered: anchoring and yea-saying (or acquiescence). While the literature provides ample evidence that the entry point in the first bracket question serves as an anchor for follow-up bracket questions, it is less clear whether the answers to the first bracket question are already affected by anchoring. We reject the joint hypothesis of no anchoring and no yea-saying at the entry point. Once yea-saying is taken into account
主题Econometrics ; Data Collection ; Microeconomics ; Households and Firms
URLhttps://www.nber.org/papers/w10462
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/568091
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Arthur van Soest,Michael Hurd. A Test for Anchoring and Yea-Saying in Experimental Consumption Data. 2004.
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