The advantages of probabilistic survey questions: remarks at the IT Forum and RCEA Bayesian Workshop, keynote address, Rimini, Italy, May 2016

Abstract: Remarks at the IT Forum and RCEA Bayesian Workshop Keynote Address, Rimini, Italy.

Keywords: preferences; expectations; probabilistic question format; Likert scale; subjective uncertainty; Survey of Consumer Expectations; Survey of Consumer Expectations (SCE); online surveys; Household Inflation Expectations Project (HIEP); survey design; probability density function (PDF); survey validity; Survey of Primary Dealers (SPD); Survey of Market Participants (SMP); point forecast; density forecast; relative entropy; tilted survey distribution; Kullback-Leibler information criterion (KLIC);

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Speech

Publication Date: 2016-05-19

Number: 211