Decision tasks
Single Wave Study
General Information
Title
Decision tasks
Project Number
367
Abstract
This study uses decision tasks to examine how people make financial decisions.
Longitudinal Type
Single Wave Study
Begin date
07-09-2020
End date
27-10-2020
Topics
Researcher
Immanuel Lampe (University of St. Gallen)
Publisher
Centerdata
Copyright
© 2024 Centerdata
Funding Organization
NWO
ODISSEI
OCW (Domeinplan SSH)
University of St. Gallen
ODISSEI
OCW (Domeinplan SSH)
University of St. Gallen
DOI
https://doi.org/10.57990/dvhx-xy20
Datasets and documentation
View Documentation
Codebook in English
Codebook in Dutch
Timestamps
Data Files
English SPSS file
English STATA file
English CSV file
Variables
| Variable name | Variable Label | Variable Type |
|---|---|---|
| nomem_encr | Number of the household member encrypted | directly measured |
| zs20a_m | Year and month of the field work period | directly measured |
| zs20a001 | Random computer-generated value for assignation of treatment type | directly measured |
| zs20a002 | The “now” payment is either €40 with a probability of 50%, or -€20 with a probability of 50%. | directly measured |
| zs20a003 | If the payment now is -€20 (you lose €20), the payment in three months is a guaranteed -€10 (you are guaranteed to lose €10), and the payment 6 months from now is a guaranteed -€30 (you are guaranteed to lose €30). | directly measured |
| zs20a004 | The “now” payment is €0 with a probability of 10%. If €0 is paid out now, the payment three months from now is €10. [...] | directly measured |
| zs20a005 | The payment three months from now can only be €30 if the payment now is €40. There is a 90% chance that the payment now will be €40. [...] | directly measured |
| zs20a006 | The position of the slider shows that if you have the choice to receive a guaranteed payment of €20 three times […], you will refuse these guaranteed payments and choose the risky option. | directly measured |
| zs20a007 | The position of the slider shows that if you have the choice to receive a guaranteed payment of €20 three times […], you will refuse these guaranteed payments and choose the risky option. [...] | directly measured |
| zs20a008 | Decision task shown 1st | directly measured |
| zs20a009 | Decision task shown 2nd | directly measured |
| zs20a010 | Decision task shown 3rd | directly measured |
| zs20a011 | Decision task shown 4th | directly measured |
| zs20a012 | Decision task shown 5th | directly measured |
| zs20a013 | Decision task shown 6th | directly measured |
| zs20a014 | Decision task shown 7th | directly measured |
| zs20a015 | Decision task shown 8th | directly measured |
| zs20a016 | Decision task shown 9th | directly measured |
| zs20a017 | Decision task shown 10th | directly measured |
| zs20a018 | Decision task shown 11th | directly measured |
| zs20a019 | Decision task shown 12th | directly measured |
| zs20a020 | Decision task shown 13th | directly measured |
| zs20a021 | Decision task shown 14th | directly measured |
| zs20a022 | Decision task shown 15th | directly measured |
| zs20a023 | Decision task shown 16th | directly measured |
| zs20a024 | Decision task shown 17th | directly measured |
| zs20a025 | Decision task shown 18th | directly measured |
| zs20a026 | Decision task shown 19th | directly measured |
| zs20a027 | Decision task shown 20th | directly measured |
| zs20a028 | Decision task shown 21st | directly measured |
| zs20a029 | Decision task shown 22nd | directly measured |
| zs20a030 | Decision task shown 23rd | directly measured |
| zs20a031 | Decision task shown 24th | directly measured |
| zs20a032 | Decision task shown 25th | directly measured |
| zs20a033 | Decision task shown 26th | directly measured |
| zs20a034 | Decision task shown 27th | directly measured |
| zs20a035 | Decision task shown 28th | directly measured |
| zs20a036 | Decision task shown 29th | directly measured |
| zs20a037 | Decision task shown 30th | directly measured |
| zs20a038 | Decision task shown 31st | directly measured |
| zs20a039 | Decision task shown 32nd | directly measured |
| zs20a040 | Decision task shown 33rd | directly measured |
| zs20a041 | Decision task shown 34th | directly measured |
| zs20a042 | Decision task shown 35th | directly measured |
| zs20a043 | Decision task shown 36th | directly measured |
| zs20a044 | Decision task shown 37th | directly measured |
| zs20a045 | Decision task shown 38th | directly measured |
| zs20a046 | Decision task shown 39th | directly measured |
| zs20a047 | Decision task shown 40th | directly measured |
| zs20a048 | Decision task shown 41st | directly measured |
| zs20a049 | Decision task shown 42nd | directly measured |
| zs20a050 | Decision task shown 43rd | directly measured |
| zs20a051 | Decision task shown 44th | directly measured |
| zs20a052 | Decision task shown 45th | directly measured |
| zs20a053 | Decision task shown 46th | directly measured |
| zs20a054 | Decision task shown 47th | directly measured |
| zs20a055 | Decision task shown 48th | directly measured |
| zs20a056 | Choice decision task 1 | directly measured |
| zs20a057 | Choice decision task 2 | directly measured |
| zs20a058 | Choice decision task 3 | directly measured |
| zs20a059 | Choice decision task 4 | directly measured |
| zs20a060 | Choice decision task 5 | directly measured |
| zs20a061 | Choice decision task 6 | directly measured |
| zs20a062 | Choice decision task 7 | directly measured |
| zs20a063 | Choice decision task 8 | directly measured |
| zs20a064 | Choice decision task 9 | directly measured |
| zs20a065 | Choice decision task 10 | directly measured |
| zs20a066 | Choice decision task 11 | directly measured |
| zs20a067 | Choice decision task 12 | directly measured |
| zs20a068 | Choice decision task 13 | directly measured |
| zs20a069 | Choice decision task 14 | directly measured |
| zs20a070 | Choice decision task 15 | directly measured |
| zs20a071 | Choice decision task 16 | directly measured |
| zs20a072 | Choice decision task 17 | directly measured |
| zs20a073 | Choice decision task 18 | directly measured |
| zs20a074 | Choice decision task 19 | directly measured |
| zs20a075 | Choice decision task 20 | directly measured |
| zs20a076 | Choice decision task 21 | directly measured |
| zs20a077 | Choice decision task 22 | directly measured |
| zs20a078 | Choice decision task 23 | directly measured |
| zs20a079 | Choice decision task 24 | directly measured |
| zs20a080 | Choice decision task 25 | directly measured |
| zs20a081 | Choice decision task 26 | directly measured |
| zs20a082 | Choice decision task 27 | directly measured |
| zs20a083 | Choice decision task 28 | directly measured |
| zs20a084 | Choice decision task 29 | directly measured |
| zs20a085 | Choice decision task 30 | directly measured |
| zs20a086 | Choice decision task 31 | directly measured |
| zs20a087 | Choice decision task 32 | directly measured |
| zs20a088 | Choice decision task 33 | directly measured |
| zs20a089 | Choice decision task 34 | directly measured |
| zs20a090 | Choice decision task 35 | directly measured |
| zs20a091 | Choice decision task 36 | directly measured |
| zs20a092 | Choice decision task 37 | directly measured |
| zs20a093 | Choice decision task 38 | directly measured |
| zs20a094 | Choice decision task 39 | directly measured |
| zs20a095 | Choice decision task 40 | directly measured |
| zs20a096 | Choice decision task 41 | directly measured |
| zs20a097 | Choice decision task 42 | directly measured |
| zs20a098 | Choice decision task 43 | directly measured |
| zs20a099 | Choice decision task 44 | directly measured |
| zs20a100 | Choice decision task 45 | directly measured |
| zs20a101 | Choice decision task 46 | directly measured |
| zs20a102 | Choice decision task 47 | directly measured |
| zs20a103 | Choice decision task 48 | directly measured |
| zs20a104 | You were asked to use a slider in the decision tasks. Was it clear what the position of the slider meant? | directly measured |
| zs20a105 | In the decision tasks, we asked you to look at risky options with uncertain payments at three different moments (now, in three months and in six months). How difficult were these decision tasks? | directly measured |
| zs20a106 | Please indicate honestly how much attention you devoted to the different sections of the questionnaire. | directly measured |
| zs20a107 | When making your choices, did you take into account the fact that the payments under the risky options take place at three different points in time? | directly measured |
| zs20a108 | Random figure that determines whether the panel member receives the low stakes or high stakes payout | directly measured |
| zs20a109 | Decision task to be paid out | directly measured |
| zs20a110 | Lowest possible value in selected decision task | directly measured |
| zs20a111 | Value chosen by panel member in selected decision task | directly measured |
| zs20a112 | Random computer-generated value for selected decision task | directly measured |
| zs20a113 | Random computer-generated value for result of first wheel of fortune for determination of payout | directly measured |
| zs20a114 | Random computer-generated value for result of second wheel of fortune for determination of payout | directly measured |
| zs20a115 | Amount paid out now | directly measured |
| zs20a116 | Amount paid out in three months | directly measured |
| zs20a117 | Amount paid out in six months | directly measured |
| zs20a118 | Was it difficult to answer the questions? | directly measured |
| zs20a119 | Were the questions sufficiently clear? | directly measured |
| zs20a120 | Did the questionnaire get you thinking about things? | directly measured |
| zs20a121 | Was it an interesting subject? | directly measured |
| zs20a122 | Did you enjoy answering the questions? | directly measured |
| zs20a123 | Starting date questionnaire | directly measured |
| zs20a124 | Starting time questionnaire | directly measured |
| zs20a125 | End date questionnaire | directly measured |
| zs20a126 | End time questionnaire | directly measured |
| zs20a127 | Duration in seconds | directly measured |
Questions
The metadata for the questions in this study have not yet been published.
Response Information
Response Overview
Selected number of household members: 803 (100.0%)Non-response: 412 (51.3%)
Response: 391 (48.7%)
Complete: 378 (47.1%)
Incomplete: 13 (1.6%)
Collection Events
Period
07-09-2020 to 29-09-2020
Sample
434 panel members were selected randomly from the total population.
Collection Mode
internet survey
Fieldwork Note
A reminder was sent twice to non-respondents.
Period
05-10-2020 to 27-10-2020
Sample
369 panel members were selected randomly from the total population, thereby excluding panel members who were selected in September.
Collection Mode
internet survey
Fieldwork Note
A reminder was sent twice to non-respondents.