An experimental test of dynamic programming and option-value models

Single Wave Study

General Information

Title
An experimental test of dynamic programming and option-value models
Project Number
418
Abstract
The main goal of this project is to measure the proportion of individuals in a population who use certain decision rules.
Longitudinal Type
Single Wave Study
Begin date
06-05-2013
End date
28-05-2013
Researcher
Charles Bellemare (Laval University); Pierre-Carl Michaud (University of Quebec At Montreal (UQAM))
Publisher
Centerdata
Copyright
© 2026 Centerdata
DOI
https://doi.org/10.57990/dmkq-p145
Funding Organization
Centerdata, MESS Project

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
nomem_encrNumber of household member encrypted
tv13a_mYear and month of the field work period
tv13a001Which decision task was asked on position 1?
tv13a002Which decision task was asked on position 2?
tv13a003Which decision task was asked on position 3?
tv13a004Which decision task was asked on position 4?
tv13a005Which decision task was asked on position 5?
tv13a006Which decision task was asked on position 6?
tv13a007Which decision task was asked on position 7?
tv13a008Which decision task was asked on position 8?
tv13a009Which decision task was asked on position 9?
tv13a010What was the payment of option A in decision task 1?
tv13a011What was the payment of option A in decision task 2?
tv13a012What was the payment of option A in decision task 3?
tv13a013What was the payment of option A in decision task 4?
tv13a014What was the payment of option A in decision task 5?
tv13a015What was the payment of option A in decision task 6?
tv13a016What was the payment of option A in decision task 7?
tv13a017What was the payment of option A in decision task 8?
tv13a018What was the payment of option A in decision task 9?
tv13a019What was the payment of option B in decision task 1?
tv13a020What was the payment of option B in decision task 2?
tv13a021What was the payment of option B in decision task 3?
tv13a022You now have the opportunity to resign or continue participating in the experiment. Do you want to continue?
tv13a023Are you sure you want to discontinue the experiment?
tv13a024Practice question: You now have to make the decision between leaving this round now and earn €25, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a025Practice question: You may now choose between option A and option B. What do you choose?
tv13a026You now have to make the decision between leaving this round now and earn €30, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a027You may now choose between option A and option B. What do you choose?
tv13a028Outcome of option A in decision task 1
tv13a029Outcome of option B in decision task 1
tv13a030You now have to make the decision between leaving this round now and earn €45, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a031You may now choose between option A and option B. What do you choose?
tv13a032Outcome of option A in decision task 2
tv13a033Outcome of option B in decision task 2
tv13a034You now have to make the decision between leaving this round now and earn €60, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a035You may now choose between option A and option B. What do you choose?
tv13a036Outcome of option A in decision task 3
tv13a037Outcome of option B in decision task 3
tv13a038You now have to make the decision between leaving this round now and earn €30, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a039You may now choose between option A and option B. What do you choose?
tv13a040Outcome of option A in decision task 4
tv13a041Outcome of option B in decision task 4
tv13a042You now have to make the decision between leaving this round now and earn €15, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a043You may now choose between option A and option B. What do you choose?
tv13a044Outcome of option A in decision task 5
tv13a045Outcome of option B in decision task 5
tv13a046You now have to make the decision between leaving this round now and earn €60, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a047You may now choose between option A and option B. What do you choose?
tv13a048Outcome of option A in decision task 6
tv13a049Outcome of option B in decision task 6
tv13a050You now have to make the decision between leaving this round now and earn €45, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a051You may now choose between option A and option B. What do you choose?
tv13a052Outcome of option A in decision task 7
tv13a053Outcome of option B in decision task 7
tv13a054You now have to make the decision between leaving this round now and earn €40, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a055You may now choose between option A and option B. What do you choose?
tv13a056Outcome of option A in decision task 8
tv13a057Outcome of option B in decision task 8
tv13a058You now have to make the decision between leaving this round now and earn €20, or continuing to period 2 and choosing between Option A and Option B. What do you choose?
tv13a059You may now choose between option A and option B. What do you choose?
tv13a060Outcome of option A in decision task 9
tv13a061Outcome of option B in decision task 9
tv13a062For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €100
tv13a063For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €95
tv13a064For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €90
tv13a065For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €85
tv13a066For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €80
tv13a067For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €75
tv13a068For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €70
tv13a069For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €65
tv13a070For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €60
tv13a071For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €55
tv13a072For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €50
tv13a073For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €45
tv13a074For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €40
tv13a075For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €35
tv13a076For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €30
tv13a077For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €25
tv13a078For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €20
tv13a079For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €15
tv13a080For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €10
tv13a081For each of the fixed amounts, indicate whether you prefer the lottery (option A) or the fixed amount (Option B): €5
tv13a082Was the respondent part of the 10% that was selected for the extra payment?
tv13a083What was the selected round for the extra payment?
tv13a084What was the amount that the respondent received as an extra payment?
tv13a085Was it difficult to answer the questions?
tv13a086Were the questions sufficiently clear?
tv13a087Did the questionnaire get you thinking about things?
tv13a088Was it an interesting subject?
tv13a089Did you enjoy answering the questions?
tv13a090Starting date questionnaire
tv13a091Starting time questionnaire
tv13a092End date questionnaire
tv13a093End time questionnaire
tv13a094Duration in seconds

Response Information

Response Overview
Selected number of household members: 1,616 (100.0%)
Non-response: 245 (15.2%)
Response: 1,366 (84.5%)
Complete: 1,172 (72.5%)
Incomplete: 194 (12.0%)
Collection Events
Period
06-05-2013 to 28-05-2013
Sample
Respondents who filled out question cw12e289 from Work and Schooling wave 5 (cw12e) or question cw11d289 from Work and Schooling wave 4 (cw11d) and respondents who filled out the financial literacy questionnaire (ew11a) were selected.
Collection Mode
Internet Survey
Fieldwork Note
A reminder was sent twice to non-respondents.