Answers are grounded in this paper and cite their sources.
Richard W. Olshavsky, Bruce L. Jaffee, Responsiveness of Consumer Expectations and Intentions to Economic Forecasts: An Experimental Approach, The Review of Economics and Statistics, Vol. 63, No. 2 (May, 1981), pp. 298-302
No takes yet. Share an insight, caveat, or question.
Olshavsky et al. (1981) studied this question.
Synapse has enriched 5 related papers. Consider them for comparative context: