Risk and time preferences > Wave 1

Longitudinal Wave

General Information

Title
Wave 1
Project Number
357.1
Abstract
This project focuses on the risk attitude and choices between now and later of the Dutch population.
Longitudinal Type
Longitudinal Wave
Begin date
02-03-2020
End date
31-03-2020
Researcher
Jorgo Goossens (Tilburg University); Marike Knoef (Leiden University)
Publisher
Centerdata
Copyright
© 2025 Centerdata
Funding Organization
Netspar
NWO
ODISSEI
OCW (Domeinplan SSH)
DOI
https://doi.org/10.57990/prec-np20

Datasets and documentation

View Documentation

Codebook in English
Codebook in Dutch

Data Files

English SPSS file
English STATA file
English CSV file

Variables

Variable name Variable Label Variable Type
nomem_encrNumber of the household member encrypteddirectly measured
xr20a_mYear and month of the field work perioddirectly measured
xr20a001Version of the questionnairedirectly measured
xr20a002Preloaded variable: Handles financial mattersdirectly measured
xr20a003Preloaded variable: Age of household memberdirectly measured
xr20a004Preloaded variable: panel member has completed the questionnaire Verwachtingen over pensioen (Expectations regarding pension; fieldwork 05-2018) directly measured
xr20a005Random number for order of xr20a013 - xr20a059directly measured
xr20a006Random number for order of xr20a021 - xr20a036 and xr20a037 - xr20a052directly measured
xr20a007Random number for order of xr20a021 - xr20a028 and xr20a029 - xr20a036directly measured
xr20a008Random number for order of xr20a037 - xr20a044 and xr20a045 - xr20a052directly measured
xr20a009Combination variables xr20a006, xr20a007 en xr20a008 for order of xr20a013 - xr20a052directly measured
xr20a010Random number for text shown in xr20a067directly measured
xr20a011Age shown in xr20a060: [xr20a003] + 1directly measured
xr20a012Age shown in xr20a061: [xr20a003] + 5directly measured
xr20a013Suppose you were to receive an additional €0.00 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a014Suppose you were to receive an additional €0.50 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a015Suppose you were to receive an additional €1.50 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a016Suppose you were to receive an additional €3.50 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a017Suppose you were to receive an additional €0.00 for each euro that you choose to receive 1 year from now: Euros you are guaranteed to receive 1 year from nowdirectly measured
xr20a018Suppose you were to receive an additional €0.50 for each euro that you choose to receive 1 year from now: Euros you are guaranteed to receive 1 year from nowdirectly measured
xr20a019Suppose you were to receive an additional €1.50 for each euro that you choose to receive 1 year from now: Euros you are guaranteed to receive 1 year from nowdirectly measured
xr20a020Suppose you were to receive an additional €3.50 for each euro that you choose to receive 1 year from now: Euros you are guaranteed to receive 1 year from nowdirectly measured
xr20a021Suppose you were to receive an additional €1.00 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a022Suppose you were to receive an additional €2.00 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a023Suppose you were to receive an additional €4.00 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a024Suppose you were to receive an additional €8.00 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a025Suppose you were to receive an additional €1.00 for each euro that you choose to receive 1 year from now: Euros you have a 50% chance of receiving 1 year from nowdirectly measured
xr20a026Suppose you were to receive an additional €2.00 for each euro that you choose to receive 1 year from now: Euros you have a 50% chance of receiving 1 year from nowdirectly measured
xr20a027Suppose you were to receive an additional €4.00 for each euro that you choose to receive 1 year from now: Euros you have a 50% chance of receiving 1 year from nowdirectly measured
xr20a028Suppose you were to receive an additional €8.00 for each euro that you choose to receive 1 year from now: Euros you have a 50% chance of receiving 1 year from nowdirectly measured
xr20a029Suppose you were to receive an additional €0.33 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a030Suppose you were to receive an additional €1.00 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a031Suppose you were to receive an additional €2.33 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a032Suppose you were to receive an additional €5.00 for each euro that you choose to receive 1 year from now: Euros today (guaranteed)directly measured
xr20a033Suppose you were to receive an additional €0.33 for each euro that you choose to receive 1 year from now: Euros you have a 75% chance of receiving 1 year from nowdirectly measured
xr20a034Suppose you were to receive an additional €1.00 for each euro that you choose to receive 1 year from now: Euros you have a 75% chance of receiving 1 year from nowdirectly measured
xr20a035Suppose you were to receive an additional €2.33 for each euro that you choose to receive 1 year from now: Euros you have a 75% chance of receiving 1 year from nowdirectly measured
xr20a036Suppose you were to receive an additional €5.00 for each euro that you choose to receive 1 year from now: Euros you have a 75% chance of receiving 1 year from nowdirectly measured
xr20a037Suppose you were to receive an additional €0.00 for each euro that you choose to receive 5 years from now: Euros today (guaranteed)directly measured
xr20a038Suppose you were to receive an additional €0.50 for each euro that you choose to receive 5 years from now: Euros today (guaranteed)directly measured
xr20a039Suppose you were to receive an additional €3.50 for each euro that you choose to receive 5 years from now: Euros today (guaranteed)directly measured
xr20a040Suppose you were to receive an additional €7.50 for each euro that you choose to receive 5 years from now: Euros today (guaranteed)directly measured
xr20a041Suppose you were to receive an additional €0.00 for each euro that you choose to receive 5 years from now: Euros you are guaranteed to receive 5 years from nowdirectly measured
xr20a042Suppose you were to receive an additional €0.50 for each euro that you choose to receive 5 years from now: Euros you are guaranteed to receive 5 years from nowdirectly measured
xr20a043Suppose you were to receive an additional €3.50 for each euro that you choose to receive 5 years from now: Euros you are guaranteed to receive 5 years from nowdirectly measured
xr20a044Suppose you were to receive an additional €7.50 for each euro that you choose to receive 5 years from now: Euros you are guaranteed to receive 5 years from nowdirectly measured
xr20a045Suppose you were to receive an additional €0.00 for each euro that you choose to receive 6 years from now: Euros you are guaranteed to receive 1 year from nowdirectly measured
xr20a046Suppose you were to receive an additional €0.50 for each euro that you choose to receive 6 years from now: Euros you are guaranteed to receive 1 year from nowdirectly measured
xr20a047Suppose you were to receive an additional €3.50 for each euro that you choose to receive 6 years from now: Euros you are guaranteed to receive 1 year from nowdirectly measured
xr20a048Suppose you were to receive an additional €7.00 for each euro that you choose to receive 6 years from now: Euros you are guaranteed to receive 1 year from nowdirectly measured
xr20a049Suppose you were to receive an additional €0.00 for each euro that you choose to receive 6 years from now: Euros you are guaranteed to receive 6 years from nowdirectly measured
xr20a050Suppose you were to receive an additional €0.50 for each euro that you choose to receive 6 years from now: Euros you are guaranteed to receive 6 years from nowdirectly measured
xr20a051Suppose you were to receive an additional €3.50 for each euro that you choose to receive 6 years from now: Euros you are guaranteed to receive 6 years from nowdirectly measured
xr20a052Suppose you were to receive an additional €7.00 for each euro that you choose to receive 6 years from now: Euros you are guaranteed to receive 6 years from nowdirectly measured
xr20a053Suppose that we toss a 1 euro coin and you get money depending on whether it lands on heads or tails. Which game would you choose?directly measured
xr20a054Please enter an amount X that would make option B as attractive to you as option A. (A) Receive €10,000 now (B) Receive €X 1 year from nowdirectly measured
xr20a055Please enter an amount X that would make option B as attractive to you as option A. (A) Receive €10,000 now (B) Receive €X 5 years from nowdirectly measured
xr20a056I am prepared to risk losing money if there is also a chance that I will win money.directly measured
xr20a057I am impulsive and tend to buy things even when I cannot really afford them.directly measured
xr20a058I tend to spend money without worrying too much about what the future will bring.directly measured
xr20a059I have confidence in  insurance companies.directly measured
xr20a060In your opinion, how likely is it that you will reach the age of: [xr20a011] or older?directly measured
xr20a061In your opinion, how likely is it that you will reach the age of: [xr20a012] or older?directly measured
xr20a062In your opinion, how likely is it that you will reach the age of: 70 or older?directly measured
xr20a063In your opinion, how likely is it that you will reach the age of: 80 or older?directly measured
xr20a064In your opinion, how likely is it that you will reach the age of: 90 or older?directly measured
xr20a065Imagine that you have €100 in your savings account, with an interest of 2% per year. How much money do you think you will have in your savings account if you leave this money there for 5 years?directly measured
xr20a066Imagine that you have €100 in your savings account, with an interest of 1% per year, and the inflation rate is 2% per year. How much would you be able to buy with the money in your savings account one year from now?directly measured
xr20a067What kind of pension would you prefer?directly measured
xr20a068For each version, please indicate whether you think A is better, B is better, or that A and B are equally good. Choice 1directly measured
xr20a069For each version, please indicate whether you think A is better, B is better, or that A and B are equally good. Choice 2directly measured
xr20a070For each version, please indicate whether you think A is better, B is better, or that A and B are equally good. Choice 3directly measured
xr20a071For each version, please indicate whether you think A is better, B is better, or that A and B are equally good. Choice 4directly measured
xr20a072For each version, please indicate whether you think A is better, B is better, or that A and B are equally good. Choice 5directly measured
xr20a073Choice 1: You are about to invest €10,000 in product A or B. Do you choose product A or product B?directly measured
xr20a074Choice 2: You are about to invest €10,000 in product C or D. Do you choose product C or product D?directly measured
xr20a075Choice 3: You are about to invest €10,000 in product E or F. Do you choose product E or product F?directly measured
xr20a076Random number for first coin flip for product [A / B]directly measured
xr20a077Random number for first coin flip for product [C / D]directly measured
xr20a078Random number for first coin flip for product [E / F]directly measured
xr20a079Value of product [A / B] after first coin flipdirectly measured
xr20a080Value of product [C / D] after first coin flipdirectly measured
xr20a081Value of product [E / F] after first coin flipdirectly measured
xr20a082Value of product [A / B] if second coin flip is headsdirectly measured
xr20a083Value of product [A / B] if second coin flip is tailsdirectly measured
xr20a084Value of product [C / D] if second coin flip is headsdirectly measured
xr20a085Value of product [C / D] if second coin flip is tailsdirectly measured
xr20a086Value of product [E / F] if second coin flip is headsdirectly measured
xr20a087Value of product [E / F] if second coin flip is tailsdirectly measured
xr20a088Please decide for each of these products whether you wish to sell it now, or to hold on to it for one more year (and sell it after that year has passed). Product [A / B]directly measured
xr20a089Please decide for each of these products whether you wish to sell it now, or to hold on to it for one more year (and sell it after that year has passed). Product [C / D]directly measured
xr20a090Please decide for each of these products whether you wish to sell it now, or to hold on to it for one more year (and sell it after that year has passed). Product [E / F]directly measured
xr20a091Random number for second coin flip for product [A / B]directly measured
xr20a092Random number for second coin flip for product [C / D]directly measured
xr20a093Random number for second coin flip for product [E / F]directly measured
xr20a094You are about to invest €10,000 in product X or Y. Do you choose product X or product Y? directly measured
xr20a095Random number for first coin flip for product [X / Y]directly measured
xr20a096Value of product [X / Y] after first coin flipdirectly measured
xr20a097Value of product [X / Y] if second coin flip is headsdirectly measured
xr20a098Value of product [X / Y] if second coin flip is tailsdirectly measured
xr20a099Please decide whether you wish to sell your product now, or to hold on to it for one more year (and sell it after that year has passed). Product [X / Y]directly measured
xr20a100Random number for second coin flip for product [X / Y]directly measured
xr20a101Value of product [A / B] after second coin flip, if applicabledirectly measured
xr20a102Value of product [C / D] after second coin flip, if applicabledirectly measured
xr20a103Value of product [E / F] after second coin flip, if applicabledirectly measured
xr20a104Final total value of products [A / B], [C / D] and [E / F] after second coin flips, if applicabledirectly measured
xr20a105Final value of product [X / Y] after second coin flip, if applicable directly measured
xr20a106What is the chance, expressed as a percentage, that the sixth throw will be tails (T)?directly measured
xr20a107What is the chance, expressed as a percentage, that the sixth throw will be tails (T)?directly measured
xr20a108Was it difficult to answer the questions?directly measured
xr20a109Were the questions sufficiently clear?directly measured
xr20a110Did the questionnaire get you thinking about things?directly measured
xr20a111Was it an interesting subject?directly measured
xr20a112Did you enjoy answering the questions?directly measured
xr20a113Starting date questionnairedirectly measured
xr20a114Starting time questionnairedirectly measured
xr20a115End date questionnairedirectly measured
xr20a116End time questionnairedirectly measured
xr20a117Duration in secondsdirectly measured

Questions

The metadata for the questions in this study have not yet been published.

Response Information

Response Overview
lected number of household members: 2,675 (100.0%)
Non-response: 335 (12.5%)
Response: 2,341 (87.5%)
Complete: 2,252 (84.2%)
Incomplete: 89 (3.3%)
Collection Events
Period
02-03-2020 to 31-03-2020
Sample
2,675 panel members in the ages of 40 – 70 years, including a subsample of 397 panel members who oversee the financial matters in the household.
Collection Mode
internet survey
Fieldwork Note
A reminder was sent twice to non-respondents.