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  4. Bounds, health habits and anchoring income effects
 
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Bounds, health habits and anchoring income effects

Type
working paper
Date Issued
2007
Author(s)
Vazquez-alvarez, Rosalia
Abstract
Surveys are often design so that initial non-respondents to some continuous amount can disclose partial information with follow-up questions. These questions are often based on prompting responses with a sequence of bids that classify the undisclosed amount within a category. Secondary variables may reduce the problem of nonresponse but are unlikely to eliminate the problem altogether, thus, identification of the population parameters remains problematic. Furthermore, eliciting partial information by ‘anchoring' the answers to a set of bids may induce anchoring bias. This paper develops from Horowitz and Manski (1995, 1998) to derive bounding intervals with partial information that allow for anchoring effects according to the experimental finding in Jacowitz and Kahneman (1995). The bounds provide regions of identification allowing for any type of non-random nonresponse. The method is illustrated using the 1996 wave of the Health and Retirement Study to show that bounding intervals can be used to detect for differences in health habit between income sub-groups in the population.
Language
English
Keywords
Identification
item nonresponse
survey design
anchoring effects
health habit formation
HSG Classification
not classified
Refereed
No
URL
https://www.alexandria.unisg.ch/handle/20.500.14171/82098
Subject(s)

economics

Division(s)

SEW - Swiss Institute...

Eprints ID
44137
File(s)
Loading...
Thumbnail Image

open.access

Name

bounds_p8_dec2007_vrs3.pdf

Size

315.69 KB

Format

Adobe PDF

Checksum (MD5)

98a96f980bd2f4574bdc92c2219a2cf3

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