Analyses of self-reported-well-being (SWB) survey data may be confounded if people use response scales differently. We …

data. We ask survey respondents what they had in mind regarding (i)-(iii) when answering commonly used--life satisfaction …

, and Szembrot, 2014), which uses self-reported responses to subjective well-being (SWB) and stated preference (SP) survey …

, and Szembrot, 2014), which uses self-reported responses to subjective well-being (SWB) and stated preference (SP) survey …

using responses to hypothetical income gambles in the Health and Retirement Study. In contrast to most survey measures that … produce an ordinal metric, this paper shows how to construct a cardinal proxy for the risk tolerance of each survey respondent …