The Preference Survey Module: New Evidence on Social Preferences from Tehran

Have Preferences Become More Similar Worldwide?

“…Subsequent studies were able to validate the same or similar survey items for risk preferences in the general German population (Dohmen et al 2011) and in various populations across 65 high-income and low-income countries around the world (Rieger et al 2015;Vieider et al 2015;Bauer et al 2020). Likewise, measures of time preferences were validated in 53 countries (Wang et al 2016;Rieger et al 2021), and social preferences were validated in the United States, Kenya, and Iran (Sapienza et al 2013;Bauer et al 2020;Kosfeld and Sharafi 2022). In addition, recent experimental work finds that preference measures of risk and time preferences based on hypothetical, non-incentivized survey measures are largely comparable to measures based on incentivized elicitation (Brañaz Garza et al 2023;Hackethal et al 2023).…”