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Normative Beliefs - Purchasing Longevity Annuity

Normative Beliefs is a two-item measure that assesses perceived norms around purchasing a longevity annuity among young adults between 25-35 years old. Items were created based around the Theory of Reasoned Action.

Categories

Geographies Tested: Italy

Populations Included: Female, Male

Age Range: Adults

Items:

1. My parents think that I should purchase a longevity annuity within the next two years.
2. My friends think that I should purchase a longevity annuity within the next two years.

Response Options:
7-point Likert scale
Strongly disagree - 1
Strongly agree - 7

Scoring Procedures

Not Applicable

Original Citation

Nosi, C., D’Agostino, A., Maria Pagliuca, M., & Alberto Pratesi, C. (2014). Saving for old age: Longevity annuity buying intention of Italian young adults. Journal of Behavioral and Experimental Economics, 51, 85-98. https://doi.org/10.1016/j.socec.2014.05.001


Psychometric Score

Ease of Use Score

Scoring breakdown

Formative Research

Qualitative Research

Existing Literature/Theoretical Framework

Field Expert Input

Cognitive Interviews / Pilot Testing

Reliability

Internal

Test-retest

Interrater

Validity

Content

Face

Criterion (gold-standard)

Construct

KEY

Ease of Use

Readability

Scoring Clarity

Length

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