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A behaviorally validated warm glow questionnaire

Published online by Cambridge University Press:  01 January 2025

Jeffrey Carpenter*
Affiliation:
IZA and Department of Economics, Middlebury College, Middlebury, VT 05753, USA
Alex Lyford
Affiliation:
Department of Mathematics, Middlebury College, Middlebury, USA
Mingfang Zhang
Affiliation:
Department of Economics, Middlebury College, Middlebury, USA

Abstract

Measuring the social preferences of economic agents using experiments has become common place. This process, while incentive compatible, is costly and time consuming, making it infeasible in many settings. We combine standard altruism and warm glow choice experiments with a battery of candidate survey questions to construct behaviorally validated questionnaires. We use machine learning to create parsimonious 3-question modules that reliably replicate existing results on general altruism and provide an alternative method for collecting warm glow preferences.

Type
Original Paper
Copyright
Copyright © The Author(s), under exclusive licence to Economic Science Association 2024.

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