Happy Times: Measuring Happiness Using Response Times

S-Tier
Journal: American Economic Review
Year: 2023
Volume: 113
Issue: 12
Pages: 3289-3322

Authors (2)

Shuo Liu (not in RePEc) Nick Netzer (Universität Zürich)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Surveys measuring happiness or preferences generate discrete ordinal data. Ordered response models, which are used to analyze such data, suffer from an identification problem. Their conclusions depend on distributional assumptions about a latent variable. We propose using response times to solve that problem. Response times contain information about the distribution of the latent variable through a chronometric effect. Using an online survey experiment, we verify the chronometric effect. We then provide theoretical conditions for testing conventional distributional assumptions. These assumptions are rejected in some cases, but overall our evidence is consistent with the qualitative validity of the conventional models.

Technical Details

RePEc Handle
repec:aea:aecrev:v:113:y:2023:i:12:p:3289-3322
Journal Field
General
Author Count
2
Added to Database
2026-01-26