STEP Skills Measurement Household Survey 2012 (Wave 1)

Sri Lanka, 2012

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Reference ID

LKA_2012_STEP-HH_v02_M

DOI

https://doi.org/10.48529/3x2b-wv98

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

Apr 05, 2016

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119013

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Get $120 for sure or flip a coin for $0 or $360 (m6b_q01)

Data file: STEP Sri_Lanka_working

Overview

Valid: 2980

Invalid: 9

Type: Discrete

Decimal: 0

Start: 2761

End: 2761

Width: 1

Range: 1 - 2

Format: Numeric

Questions and instructions

Literal question

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

This section asks some questions about how you would respond to different options that you are given

Q1. Imagine that you have a choice between the following two options:
Option 1 – Receive 1 million VND for sure, or
Option 2 – Flip a coin and receive 0 if it's tail or 3 million VND if it's head.
Which option would you take?

Categories

Value	Category	Cases
1	option 1 (take the sure money)	2235	75%
2	option 2 (flip the coin)	745	25%
Sysmiss		9

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.

Question post text

Option 2 (Flip the coin) >> Q.3

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