Expectations and decisions One of the main purposes of collecting subjective expectation data is to help understand behavior.
Addressing Kahneman's critique One critique to collecting subjective probabilistic expectations is that respondents would not apply much effort and hence would not provide thoughtful answers.
The petition drive to recall and remove Wisconsin Governor Scott Walker has surpassed all expectations, collecting one million signatures in just 60 days.
In this paper, we describe our work collecting policy statements, expectations, and requirements from regulatory decision makers at academic cancer centers in the United States.
In his seminal paper Manski (2004) strongly advocated for collecting self reported expectation data and using those jointly with observed choice data.
Rick Pucci, the veteran chief of research at IBES International, which used to be known as the Institutional Brokers Estimate System, reports that a month ago the Standard & Poor's 500-stock index was trading at the highest ratio of price to expected earnings since IBES started collecting figures on analysts' expectations a quarter century ago.
Since the 1990s an increasing number of household surveys have been collecting data on subjective probabilistic expectations.1 Expectation questions may be about future outcomes concerning the individual (e.g. own income, health, death, job security, home value, pension benefits, bequests) or about future aggregate conditions (e.g. inflation, house prices, stock market).
How do we manage stakeholder expectations when collecting data?
After performing well below expectations and collecting one silver and two bronze medals, Hoff said her program had been too ambitious.
According to Spradlin, the answer is "time and managed expectations". Coordinating, collecting, and analyzing huge amounts of data and implementing the findings could be years down the road.
