Anchoring in surveys of household expectations
2021
Hjalmarsson, Erik | Österholm, Pär
We assess whether the concept of anchoring – where a respondent’s answer is affected by the reference number stated in the survey question – is related to the characteristics of the respondent. Using a survey of household expectations of Swedish housing prices, we find significant differences in observed anchoring across groups reflecting age, income, homeownership and sex. Implications for the interpretation of survey results are discussed.
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