Working paper
Measuring the unmeasurable? Systematic evidence on scale transformations in subjective survey data
- Abstract:
- Ordered response scales are ubiquitous in economics, but their interpretation rests on an untested assumption: that numerical labels reflect equal psychological intervals. We develop a framework to quantify how relaxing this assumption affects empirical results. Using new experimental evidence, we show that scale use is only mildly nonlinear. Replicating over 40,000 estimates from more than 80 papers, we find that coefficient signs and significance are largely robust, but relative magnitudes are not. Even modest non-linearities generate substantial variation in implied trade-offs.
- Publication status:
- Published
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(Preview, Version of record, pdf, 3.4MB, Terms of use)
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Authors
- Publisher:
- Wellbeing Research Centre
- Series:
- Wellbeing Research Centre Working Paper
- Place of publication:
- Oxford
- Publication date:
- 2025-09-01
- DOI:
- Paper number:
- 2503
- Language:
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English
- Keywords:
- Pubs id:
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2253205
- Local pid:
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pubs:2253205
- Deposit date:
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2025-07-28
- ARK identifier:
Terms of use
- Copyright date:
- 2025
- Notes:
- This working paper was originally published on 28 July 2025 and updated on 1 September 2025 and 9 June 2026.
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