Heaping at Round Numbers on Financial Questions: The Role of Satisficing

Survey responses to quantitative financial questions frequently display strong patterns of heaping at round numbers. This paper uses two studies to examine variation in rounding across questions and by individual characteristics. Rounding was more common for respondents low in ability, for responden...

Full description

Bibliographic Details
Main Authors: Michael Gideon, Joanne Hsu, Brooke Helppie-McFall
Format: Article
Language:English
Published: European Survey Research Association 2017-08-01
Series:Survey Research Methods
Subjects:
Online Access:https://ojs.ub.uni-konstanz.de/srm/article/view/6782