Armin Falk, Anke Becker, Thomas Dohmen, David Huffman, Uwe Sunde

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.

JEL Codes
C81: Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
C83: Survey Methods; Sampling Methods
C90: Design of Experiments: General
survey validation
preference measurement