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  • 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
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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).
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About The Author

Anke Becker

Entrepreneurial Management
→More Publications

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More from the Authors
  • Tabulated Nonsense? Testing the Validity of the Ethnographic Atlas By: Duman Bahrami-Rad, Anke Becker and Joseph Henrich
  • Ancient Origins of the Global Variation in Economic Preferences By: Anke Becker, Benjamin Enke and Armin Falk
  • On the Economic Origins of Restricting Women's Promiscuity By: Anke Becker
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