The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
The Predictive Validity of Subjective Probabilities of Survival
Abstract
Although expectations, or more precisely subjective probability distributions, play a prominent role in models of decision making under uncertainty, we have had very little data on them. Based on panel data from the Health and Retirement Study, we study the evolution of subjective survival probabilities and their ability to predict actual mortality. In panel, respondents modify their survival probabilities in response to new information such as the onset of a new disease condition. Subjective survival probabilities predict actual survival: those who survived in the panel reported survival probabilities approximately 50% greater at baseline than those who died.
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Citations
Cites
An Overview of the Health and Retirement Study
Juster, F. T., & Suzman, R. (1995) · The Journal of Human Resources · doi:10.2307/146277 · Cited by 1,435
Evaluation of the Subjective Probabilities of Survival in the Health and Retirement Study
Hurd, M. D., & McGarry, K. (1995) · The Journal of Human Resources · doi:10.2307/146285 · Cited by 518
Self-citationUsing Expectations Data to Study Subjective Income Expectations
Dominitz, J., & Manski, C. F. (1997) · Journal of the American Statistical Association · doi:10.1080/01621459.1997.10474041 · Cited by 398
The Use of Intentions Data to Predict Behavior: A Best-Case Analysis
Manski, C. F. (1990) · Journal of the American Statistical Association · doi:10.1080/01621459.1990.10474964 · Cited by 342
Expectations, Life Expectancy, and Economic Behavior
Hamermesh, D. S. (1985) · The Quarterly Journal of Economics · doi:10.2307/1885388 · Cited by 334
Schoenbaum, M. (1997) · American Journal of Public Health · doi:10.2105/ajph.87.5.755 · Cited by 150
Misclassification Bias in Estimates of Bereavement Effects
Korenman, S. G., Goldman, N., & Fu, H. (1997) · American Journal of Epidemiology · doi:10.1093/oxfordjournals.aje.a009068 · Cited by 31
Cited by
Adolescents' Perceived Risk of Dying
Fischhoff, B., Bruine de Bruin, W., Parker, A. M., Millstein, S. G., & Halpern-Felsher, B. L. (2010) · Journal of Adolescent Health · doi:10.1016/j.jadohealth.2009.06.026 · Cited by 50
Private Pension Arrangements and Retirement in Britain*
Banks, J., & Blundell, R. (2005) · Fiscal Studies · doi:10.1111/j.1475-5890.2005.00003.x · Cited by 36
Metadata
- Authors
- Hurd, M. D., & McGarry, K.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 2002-10-01
- Volume
- 112
- Issue
- 482
- Pages
- 966-985
- ISSN
- 0013-0133 (ISSN-L)
- 1468-0297
- OpenAlex
- W2889822609
- Cited by
- 499
- References
- 7
- FWCI
- 9.02
- Type
- journal article
- Language
- en
- Open access
- closed
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