STEP Skills Measurement Household Survey 2012 (Wave 1)

Lao PDR, 2012

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Reference ID

LAO_2012_STEP-HH_v02_M

DOI

https://doi.org/10.48529/vya4-1g50

Producer(s)

World Bank

Collection(s)

The STEP Skills Measurement Program

Metadata

Documentation in PDF DDI/XML JSON

Created on

Jun 30, 2014

Last modified

Mar 23, 2016

Page views

137158

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12713

Get $120 for sure or flip a coin for $0 or $240 (m6b_q03)

Data file: STEP Laos_working

Overview

Valid: 587

Invalid: 2258

Maximum: 2

Type: Discrete

Decimal: 0

Start: 985

End: 985

Width: 1

Range: 1 - 2

Format: Numeric

Questions and instructions

Literal question

Module 6: Personality, Behavior and Preferences, Part B: Preferences

3) Now imagine that you have a choice between the following two options:
Option 1 - Receive 500,000 KIP for sure, or
Option 2 - Flip a coin and receive 0 if it's tails or1,000,000 KIP if it's heads.

Which option would you take?

Categories

Value	Category	Cases
1	Option 1 (TAKE THE SURE MONEY)	235	40%
2	Option 2 (FLIP THE COIN)	352	60%
Sysmiss		2258

Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.

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