TY  - JOUR
AU  - Hamermesh,Daniel S.
TI  - Subjective Outcomes in Economics
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 10361
PY  - 2004
Y2  - March 2004
UR  - http://www.nber.org/papers/w10361
L1  - http://www.nber.org/papers/w10361.pdf
N1  - Author contact info:
Daniel S. Hamermesh
Department of Economics
University of Texas
Austin, TX 78712-1173
Tel: 512/475-8526
Fax: 512/471-3510
E-Mail: hamermes@eco.utexas.edu
AB  - This study examines the various uses of subjective outcomes as a focus of interest for economists. It outlines the possible channels by which economists can usefully add to what are already massive literatures on such outcomes in the other social sciences. Generally we contribute little if we merely engage in fancier empirical work and still less if we describe subjective outcomes by other subjective outcomes. Our biggest contributions can be in adducing economic theories that allow a better understanding of objective behavior using subjective outcomes, or of the determinants of subjective outcomes; or in understanding subjective outcomes, such as expectations, that underlie objective economic behavior.
ER  -