Eliciting Subjective Expectations for Bivariate Outcomes

2018 ◽  
Author(s):  
Tilman H. Drerup
Keyword(s):  
Subjective Expectations ◽  
Bivariate Outcomes

Subjective Expectations and Income Processes in Rural India

Economica ◽  
2016 ◽  
Vol 83 (331) ◽  
pp. 416-442 ◽  
Author(s):  
Orazio Attanasio ◽  
Britta Augsburg
Keyword(s):  
Rural India ◽  
Subjective Expectations ◽  
Income Processes

A Comparison of Subjective and Historical Crop Yield Probability Distributions

1992 ◽  
Vol 24 (2) ◽  
pp. 23-32 ◽  
Author(s):  
James W. Pease
Keyword(s):  
Crop Yield ◽  
Subjective Probability ◽  
Crop Yields ◽  
Probability Distributions ◽  
Geographical Location ◽  
Subjective Expectations ◽  
Grain Farms ◽  
Western Kentucky ◽  
Relative Variability

AbstractForecast distributions based on historical yields and subjective expectations for 1987 expected crop yields were compared for 90 Western Kentucky grain farms. Different subjective probability elicitation techniques were also compared. In many individual cases, results indicate large differences between subjective and empirical moments. Overall, farmer expectations for 1987 corn yields were below those predicted from their past yields, while soybean expectations were above the historical forecast. Geographical location plays a larger role than crop in comparisons of relative variability of yield. Neither elicitation technique nor manager characteristics have significant effects on the comparisons of the forecasts.

scholarly journals Subjective Expectations of Medical Expenditures and Insurance in Rural Ethiopia

2018 ◽  
pp. 23-55
Author(s):  
Zelalem Yilma ◽  
Owen O’Donnell ◽  
Anagaw Mebratie ◽  
Getnet Alemu ◽  
Arjun S. Bedi
Keyword(s):  
Medical Expenditures ◽  
Subjective Expectations ◽  
Rural Ethiopia

Preferences-Based Performance Measurement Models

2013 ◽  
pp. 62-84
Keyword(s):  
Probability Theory ◽  
Performance Measurement ◽  
Mathematical Theory ◽  
Utility Functions ◽  
Subjective Expectations ◽  
Von Neumann ◽  
Measurement Models

It is shown that the human subjective expectations for the uncertainty events can be described mathematically with the terms of the probability theory and can be inserted into the mathematical theory of von Neumann and Morgenstern. Some examples of utility functions are shown.

Sign in / Sign up

Export Citation Format

Share Document