Judgment and Decision Making, Vol. 6, No. 8, pp. 771-781
11 Pages Posted: 10 Apr 2011 Last revised: 24 Feb 2012
Date Written: December 2011
Narrow self-interest is often used as a simplifying assumption when studying people making decisions in social contexts. Nonetheless, people exhibit a wide range of different motivations when choosing unilaterally among interdependent outcomes. Measuring the magnitude of the concern people have for others, sometimes called Social Value Orientation (SVO), has been an interest of many social scientists for decades and several different measurement methods have been developed so far. Here we introduce a new measure of SVO that has several advantages over existent methods. A detailed description of the new measurement method is presented, along with norming data that provide evidence of its solid psychometric properties. We conclude with a brief discussion of the research streams that would benefit from a more sensitive and higher resolution measure of SVO, and extend an invitation to others to use this new measure which is freely available.
Keywords: Social Value Orientation (SVO), Social preferences, Measurement methods, Individual differences
Suggested Citation: Suggested Citation
Murphy, Ryan O. and Ackermann, Kurt A. and Handgraaf, Michel, Measuring Social Value Orientation (December 2011). Judgment and Decision Making, Vol. 6, No. 8, pp. 771-781. Available at SSRN: https://ssrn.com/abstract=1804189 or http://dx.doi.org/10.2139/ssrn.1804189