Abstract
Incentivized choice experiments are a key approach to measuring preferences in economics but are also costly. Survey measures are a low-cost alternative but can suffer from additional forms of measurement error due to their hypothetical nature. This paper seeks to leverage the strengths of both approaches by proposing a new survey module on risk aversion, time discounting, trust, altruism, positive and negative reciprocity, in which survey items are selected based on ability to predict choices in corresponding, incentivized experiments. The methodology and results provided in the paper can also potentially provide a model for researchers who have specific requirements and want to design their own modules.
Item Type: | Journal article |
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Faculties: | Economics |
Subjects: | 300 Social sciences > 330 Economics |
ISSN: | 0025-1909 |
Language: | English |
Item ID: | 115078 |
Date Deposited: | 02. Apr 2024, 08:09 |
Last Modified: | 02. Apr 2024, 08:09 |
DFG: | Gefördert durch die Deutsche Forschungsgemeinschaft (DFG) - 390838866 |