Arbeitspapier
Subjective Belief Distributions and the Characterization of Economic Literacy
We characterize the literacy of an individual in a domain by their elicited subjective belief distribution over the possible responses to a question posed in that domain. By eliciting the distribution, rather than just the answers to true/false or multiple choice questions, we can directly measure the confidence that an individual has about their knowledge of some fact. We consider literacy across several financial and economic domains. We find considerable demographic heterogeneity in the degree of literacy. We also measure the degree of consistency within a sample about their knowledge, even when that knowledge is imperfect.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 9856
- Klassifikation
-
Wirtschaft
Design of Experiments: Laboratory, Individual
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Thema
-
subjective beliefs
economic literacy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Di Girolamo, Amalia
Harrison, Glenn
Lau, Morten
Swarthout, J. Todd
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Di Girolamo, Amalia
- Harrison, Glenn
- Lau, Morten
- Swarthout, J. Todd
- Institute for the Study of Labor (IZA)
Entstanden
- 2016
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