Re: Only Economists Tell the Truth?

2002-01-16 Thread Robin Hanson
On 1/15/02, Fred Foldvary wrote: Social science would be vastly easier than economists make it out to be if we could usually just ask people why they do things. But economists are generally skeptical of this approach, ... But perhaps a major reason why we don't rely so much on asking, is

Re: Only Economists Tell the Truth?

2002-01-15 Thread Fred Foldvary
--- Robin Hanson [EMAIL PROTECTED] wrote: Social science would be vastly easier than economists make it out to be if we could usually just ask people why they do things. But economists are generally skeptical of this approach, Social science does have a great advantage over

Re: Only Economists Tell the Truth?

2002-01-15 Thread Rodney F Weiher
Armchairers, You might want to check out the extensive literature on so-called direct techniques such as contingent valuation and conjoint analysis that is used in environmental economics to elicit quantitative estimates of willingness-to-pay for non-market, non-use goods. Quantitative results

Only Economists Tell the Truth?

2002-01-11 Thread Robin Hanson
I detect something of a tension in academic economics. Social science would be vastly easier than economists make it out to be if we could usually just ask people why they do things. But economists are generally skeptical of this approach, and so try to infer reasons from behavior, rather

Re: Only Economists Tell the Truth?

2002-01-11 Thread Alex Tabarrok
I think Robin exaggerates the extent to which social science would be easier if we could just ask people why they do things. To be sure, there is a tradition in economics that survey results about intentions and ideas (as opposed to age and income!) are not to be trusted. I agree this

RE: Only Economists Tell the Truth?

2002-01-11 Thread Pinczewski-Lee, Joe (LRC)
12:35 PM To: [EMAIL PROTECTED] Subject: Re: Only Economists Tell the Truth? I think Robin exaggerates the extent to which social science would be easier if we could just ask people why they do things. To be sure, there is a tradition in economics that survey results about intentions and ideas

Re: Only Economists Tell the Truth?

2002-01-11 Thread Brian Moore
: Only Economists Tell the Truth? I think Robin exaggerates the extent to which social science would be easier if we could just ask people why they do things. To be sure, there is a tradition in economics that survey results about intentions and ideas (as opposed to age and income

Re: Only Economists Tell the Truth?

2002-01-11 Thread Alex Tabarrok
Here is another reason, that just occured to me, why survey questions may not help us as much as we would like even on those questions where they are relevant. In economics we are typically interested in what matters at the margin and this may be difficult to discover in a survey question.