Which is More Reliable, A Survey Response or Observed Behavior?
Posted in Behavior, Economics Problems on Aug 6th, 2007
It is very easy for survey respondents to say that they are not happy, or to take positions which seem “out there,” the reason being that people rarely have the proper incentives to reveal how they actually feel about various policies and positions. For example, Robert Frank (e.g. author of Luxury Fever among others) has […]
