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The Preference Survey Module: A Validated Instrument for Measuring Risk, Time, and Social Preferences

Armin Falk, Anke Becker (), Thomas Dohmen, David Huffman and Uwe Sunde
Additional contact information
Anke Becker: Bonn Graduate School of Economics

No 2016-003, Working Papers from Human Capital and Economic Opportunity Working Group

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 (search for similar items in EconPapers)
JEL-codes: C81 C83 C90 (search for similar items in EconPapers)
Date: 2016-02
New Economics Papers: this item is included in nep-cbe, nep-dcm, nep-exp and nep-hrm
Note: IP
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http://humcap.uchicago.edu/RePEc/hka/wpaper/Falk_B ... ce-survey-module.pdf First version, January, 2016 (application/pdf)

Related works:
Journal Article: The Preference Survey Module: A Validated Instrument for Measuring Risk, Time, and Social Preferences (2023) Downloads
Working Paper: The Preference Survey Module: A Validated Instrument for Measuring Risk, Time, and Social Preferences (2016) Downloads
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