Eliciting time, risk, and social preferences in children: a validated survey

Helene Willadsen & Marco Piovesan

Experimental Economics2026https://doi.org/10.1017/eec.2026.10041article
AJG 3ABDC A*
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0.50

Abstract

We develop and validate a survey instrument to elicit six key economic preferences in children: undefined time preferences, risk preferences, altruism, positive reciprocity, negative reciprocity, and trust. The survey was administered to a sample of 339 nine-year-old children, for whom we also collected behavioral data through incentivized choice experiments targeting the same preferences. Our econometric analysis allows us to identify a set of 14 survey items that best predict children’s experimental behavior. For each preference, we also compare the predictive power of this 14-item validated survey to a shorter 9-item self-evaluation version. Our results demonstrate that these surveys provide a simple and reliable tool for measuring individual preferences in children – enabling researchers to account for heterogeneity when designing and evaluating policies targeting younger populations.

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https://doi.org/https://doi.org/10.1017/eec.2026.10041

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@article{helene2026,
  title        = {{Eliciting time, risk, and social preferences in children: a validated survey}},
  author       = {Helene Willadsen & Marco Piovesan},
  journal      = {Experimental Economics},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1017/eec.2026.10041},
}

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Eliciting time, risk, and social preferences in children: a validated survey

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F · citation impact0.50 × 0.4 = 0.20
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V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

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