Publications
Publications
- Forthcoming
- Management Science
The Preference Survey Module: A Validated Instrument for Measuring Risk, Time, and Social Preferences
By: Armin Falk, Anke Becker, Thomas Dohmen, David B. Huffman and Uwe Sunde
Abstract
This paper presents an experimentally validated survey module to measure six key economic preferences—risk aversion, discounting, trust, altruism, positive and negative reciprocity—in a reliable, parsimonious and cost-effective way. The survey instruments included in the module were the best predictors of preferences revealed in incentivized choice experiments. We also offer a streamlined version of the module that has been optimized and piloted for applications where time efficiency and simplicity are paramount, such as international telephone surveys.
Keywords
Survey Validation; Experiment; Preference Measurement; Surveys; Economics; Behavior; Measurement and Metrics
Citation
Falk, Armin, Anke Becker, Thomas Dohmen, David B. Huffman, and Uwe Sunde. "The Preference Survey Module: A Validated Instrument for Measuring Risk, Time, and Social Preferences." Management Science (forthcoming).