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

Author

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  • Fischbacher, Urs
  • Neyse, Levent
  • Richter, David
  • Schröder, Carsten

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

  • Fischbacher, Urs & Neyse, Levent & Richter, David & Schröder, Carsten, 2024. "Adding household surveys to the behavioral economics toolbox: insights from the SOEP innovation sample," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 10(1), pages 136-151.
    • Handle: RePEc:zbw:espost:307014
    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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