Anchoring and Acquiescence Bias in Measuring Assets in Household Surveys.

B-Tier
Journal: Journal of Risk and Uncertainty
Year: 1999
Volume: 19
Issue: 1-3
Pages: 111-36

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Cognitive psychology has identified and studied extensively a number of cognitive anomalies that may be important for the assessment of the economic status of individuals and households. In particular the use of brackets to elicit information about income and assets in surveys of households can interact with acquiescence bias and anchoring to cause bias in the estimates of the distributions of income and assets. This paper uses data from the Health and Retirement Study and the Asset and Health Dynamics Study to find that, as predicted by psychology, bracketing can produce bias in population estimates of assets. Copyright 1999 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:jrisku:v:19:y:1999:i:1-3:p:111-36
Journal Field
Theory
Author Count
1
Added to Database
2026-02-02