Who Likes It More?
Carlos Alos Ferrer and
Michele Garagnani
No 424225030, Working Papers from Lancaster University Management School, Economics Department
Abstract:
Surveys remain crucial tools for measuring societal preferences, but their reliability is limited by noise and bias in respondent data. We introduce a novel non-parametric method that leverages response times to reveal group preferences and rank preference strength across different populations. We validate the approach and apply it to key socio-economic questions using large representative surveys. The method complements traditional survey analysis techniques, providing clear indicators of when standard analyses may be inadequate and when response time data can yield additional insights. Importantly, our method also quantifies response biases, allowing researchers to adjust for systematic distortions in survey data.
Keywords: Survey Data; Revealed Preference; Response Times; Response Bias (search for similar items in EconPapers)
JEL-codes: D11 D81 D83 D87 (search for similar items in EconPapers)
Date: 2025
New Economics Papers: this item is included in nep-dcm
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