An investigation of the convergent validity and test-retest reliability of three uncertainty preference measures.

ABSTRACT: Establishing a reliable and valid measure is crucial for ensuring the accuracy and replicability of research findings on risk and uncertainty preference. However, few studies have assessed the reliability and validity of behavioral measures of uncertainty preference. This study examined the convergent validity and test-retest reliability of three commonly used uncertainty preference measures: forced binary choice, certainty equivalent, and matching probability tasks. Experiments 1 (N = 302) and 2 (N = 366) tested the convergent validity and test-retest reliability of one-off assessment of these measures and found that the three measures did not demonstrate satisfactory convergent validity and test-retest reliability for the one-off assessment. Experiment 3 (N = 311) increased the number of

SUBMITTER: Zhu G 

PROVIDER: S-EPMC12241273 | biostudies-literature | 2025 Jul

REPOSITORIES: biostudies-literature