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On the Advantages and Disadvantages of Subjective …

On the Advantages and Disadvantages of Subjective

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On the Advantages and Disadvantages of Subjective Measures. Salar Jahedi and Fabio M endez Department of Economics University of Arkansas June, 2013 Abstract This paper utilizes data from a laboratory experiment in order to examine the ad-vantages and disadvantages of subjective measures and their use in empirical analysis.

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