Title: Survival probabilities – can everyone assess them?
Supervisor: Teresa Bago d’Uva
Increasingly, survey data on ageing are including questions about individual’s expected longevity (for example, “Using any number from 0 to 100 where 0 equals absolutely no chance and 100 equals absolutely certain, what is the percent chance you will live to be T or more?”). Recent research has shown that answers to this question are valuable, for example, they do predict actual longevity. Very little is known, however, about the extent to which all individuals, for example, as they age, and experience a decrease in their cognitive abilities, indeed understand this question and are able to provide a valid answer. This project aims at contributing to this understanding.
Application of econometric methods using Stata