000165862 001__ 165862
000165862 005__ 20260115140311.0
000165862 0247_ $$2doi$$a10.1007/s11238-014-9473-9
000165862 0248_ $$2sideral$$a147271
000165862 037__ $$aART-2014-147271
000165862 041__ $$aeng
000165862 100__ $$aPerote, Javier
000165862 245__ $$aStrategic behavior in regressions: an experimental study
000165862 260__ $$c2014
000165862 5203_ $$aWe study experimentally in the laboratory the situation when individuals have to report their private information about a (dependent) variable to a public authority that then makes inference about the true values given a known (independent)
variable using a regression technique. It is assumed that individuals prefer this predicted value to be as close as possible to their true value (single-peaked preferences). Consistent with the theoretical literature, we show that subjects misrepresent their private information more when an ordinary least squares (OLS) regression is implemented than when the so-called resistant line (RL) estimator is employed. The latter extends the median voter theorem to the two-dimensional setting and belongs to the family of robust estimation techniques. In fact, we find that OLS involves serious biases but the RL estimation is empirically unbiased. Furthermore, subjects never earn less when the RL is applied.
000165862 540__ $$9info:eu-repo/semantics/closedAccess$$aAll rights reserved$$uhttp://www.europeana.eu/rights/rr-f/
000165862 590__ $$a0.72$$b2014
000165862 591__ $$aECONOMICS$$b192 / 331 = 0.58$$c2014$$dQ3$$eT2
000165862 591__ $$aSOCIAL SCIENCES, MATHEMATICAL METHODS$$b36 / 46 = 0.783$$c2014$$dQ4$$eT3
000165862 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion
000165862 700__ $$0(orcid)0000-0001-7281-9523$$aPerote-Peña, Juan$$uUniversidad de Zaragoza
000165862 700__ $$aVorsatz, Marc
000165862 7102_ $$14000$$2415$$aUniversidad de Zaragoza$$bDpto. Análisis Económico$$cÁrea Fund. Análisis Económico
000165862 773__ $$g79, 3 (2014), 517-546$$pTheory decis.$$tTHEORY AND DECISION$$x0040-5833
000165862 8564_ $$s1892614$$uhttps://zaguan.unizar.es/record/165862/files/texto_completo.pdf$$yVersión publicada
000165862 8564_ $$s1004414$$uhttps://zaguan.unizar.es/record/165862/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada
000165862 909CO $$ooai:zaguan.unizar.es:165862$$particulos$$pdriver
000165862 951__ $$a2026-01-15-12:36:53
000165862 980__ $$aARTICLE