Still no compelling evidence that Americans overestimate upward socio-economic mobility rates: Reply to Davidai & Gilovich (2018)

Author:

Nero Sondre S.,Swan Lawton K.,Chambers John R.,Heesacker Martin

Abstract

AbstractDavidai and Gilovich (2018) contend that (a) Americans tend to think about their nation’s income distribution in terms of quintiles (fifths), and (b) when Americans’ perceptions of socio-economic mobility rates are measured properly (e.g., by asking online survey respondents to guess upward-mobility rates across quintiles), a trend of overestimation (too much optimism concerning the number of people who manage to transcend poverty) will emerge. In this reply, we hail Davidai and Gilovich’s new data as novel, important, and relevant to the former (a), but we doubt that they can support the latter (b) claim about population-level (in)accuracy. Namely, we note that even if mobility-rate perceptions could be measured perfectly, inferences about the accuracy of those perceptions still depend on aparticularcomparator—a point-estimate of the "true" rate of upward social mobility in the U.S. against which survey respondents’ guesses are evaluated—that isitselfan error-prone estimate. Applying different established comparators to survey respondents’ guesses changes both the direction and magnitude of previously observed overestimation effects. We conclude with a challenge: researchers who wish to compute the average distance between socio-economic perceptions and socio-economic reality must first select and justify a fair comparator.

Publisher

Cambridge University Press (CUP)

Subject

Economics and Econometrics,Applied Psychology,General Decision Sciences

Reference15 articles.

1. Americans Still Overestimate Social Class Mobility: A Pre-Registered Self-Replication

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4. How should we think about Americans’ beliefs about economic mobility?;Davidai;Judgment and Decision-Making,,2018

5. Pew Research Center. (2015). Economic mobility in the United States. Retrieved from http://www.pewtrusts.org/~/media/assets/2015/07/fsm-irs-report_artfinal.pdf.

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