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Adding household surveys to the behavioral economics toolbox: insights from the SOEP innovation sample

Author

Listed:
  • Urs Fischbacher

    (University of Konstanz
    Thurgau Institute of Economics)

  • Levent Neyse

    (Berlin Social Science Center (WZB)
    Socio-Economic Panel (SOEP) at German Institute for Economic Research (DIW)
    Institute of Labor Economics (IZA))

  • David Richter

    (Freie Universität
    SHARE)

  • Carsten Schröder

    (Socio-Economic Panel (SOEP) at German Institute for Economic Research (DIW)
    Freie Universität)

Abstract

While laboratory and field experiments are the major items in the toolbox of behavioral economists, household panel studies can complement them and expand their research potential. We introduce the German Socio-Economic Panel’s Innovation Sample (SOEP-IS), which offers researchers detailed panel data and the possibility to collect personalized experimental and survey data for free. We discuss what SOEP-IS can offer to behavioral economists and illustrate a set of design ideas with examples. Although we build our discussion on SOEP-IS, our purpose is to provide a guide that can be generalized to other household panel studies as well.

Suggested Citation

  • Urs Fischbacher & Levent Neyse & David Richter & Carsten Schröder, 2024. "Adding household surveys to the behavioral economics toolbox: insights from the SOEP innovation sample," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 10(1), pages 136-151, June.
    • Handle: RePEc:spr:jesaex:v:10:y:2024:i:1:d:10.1007_s40881-023-00150-6
    DOI: 10.1007/s40881-023-00150-6
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    More about this item

    Keywords

    Experiments; Household survey; Panel study; Economic methods; Economic preferences; Behavioral economics; SOEP;
    All these keywords.

    JEL classification:

    • C83 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Survey Methods; Sampling Methods
    • C9 - Mathematical and Quantitative Methods - - Design of Experiments
    • D1 - Microeconomics - - Household Behavior
    • D9 - Microeconomics - - Micro-Based Behavioral Economics

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