STEP Skills Measurement Household Survey 2012 (Wave 1), Yunnan Province

China, 2012

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Reference ID

CHN_2012_STEP-HH_v02_M

DOI

https://doi.org/10.48529/pjqz-3397

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

233830

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

Data file: STEP Yunnan_working

Overview

Valid: 731

Invalid: 1286

Type: Discrete

Decimal: 0

Start: 729

End: 729

Width: 1

Range: 1 - 2

Format: Numeric

Questions and instructions

Literal question

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

Q3. Now imagine that you have a choice between the following two options:
Option 1 – Receive 500 yuan for sure, or
Option 2 – Flip a coin and receive 0 if it's tail or 1000 yuan if it's head.
Which option would you take?

Categories

Value	Category	Cases
1	option 1(take the sure money)	190	26%
2	option 2 (flip the coin)	541	74%
Sysmiss		1286

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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