Household decisions over the life-cycle > Wave 6
Longitudinal Wave
General Information
Title
Wave 6
Project Number
260.6
Abstract
The research consists of data collection of expectations, preferences, and self-assessments of the decision-making process over a four-year period in the LISS (Longitudinal Internet studies for the Social Sciences) panel in the context of the DFG-funded Collaborative Research Center Transregio 224 (CRC-TR 224). This is the sixth wave.
Longitudinal Type
Longitudinal Wave
Begin date
02-11-2020
End date
24-11-2020
Researcher
Hans-Martin von Gaudecker (Bonn University); Christian Zimpelmann (Bonn University); Axel Wogrolly (Bonn University)
Publisher
Centerdata
Copyright
© 2026 Centerdata
DOI
https://doi.org/10.57990/tp9v-3q75
Funding Organization
ODISSEI,
OCW (Domeinplan SSH),
Bonn University
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_encr | Number of the household member encrypted |
| pg20f_m | Year and month of the field work period |
| pg20f203 | Mobile layout |
| pg20f449 | Random variable to determine the random payoff of 91 possible options in wave 6. |
| pg20f204 | Preload variable - Performance AEX wave 5 |
| pg20f205 | Preload variable - Results of the AEX for the selected game in wave 5 |
| pg20f206 | Preload variable - Was the choice answered or not in wave 5 |
| pg20f001 | Preload variable: Random number 1 - 91 wave 5 |
| pg20f208 | Preload variable - Choice for the selected game wave 5 |
| pg20f439 | Preload variable - Date of participating wave 5 |
| pg20f214 | Preload variable - wave 5 |
| pg20f216 | Preload variable - Which lottery was shown in the selected game in wave 5 |
| pg20f217 | Preload variable - Result of the lottery for the selected game wave 5 |
| pg20f218 | Preload variable - Text at selected game pg20f001, wave 5 |
| pg20f200 | Fill-text choice AEX or lottery |
| pg20f211 | Which lottery was shown in chosen game in wave 5 |
| pg20f201 | Fill-text in payment question |
| pg20f213 | The result of the chosen game wave 5, in textual form |
| pg20f215 | Color of lottery result for selected game wave 5 |
| pg20f450 | Amount shown in pg20f468 |
| pg20f451 | Amount shown in pg20f469 |
| pg20f452 | Amount shown in pg20f470 |
| pg20f453 | Amount shown in pg20f471 |
| pg20f002 | Text belonging to the chosen game, pg20f449, wave 6 |
| pg20f220 | Do you want to get this explanation? |
| pg20f003 | Now pick an option. This is for demonstration purposes only. |
| pg20f004 | On 30 april 2021 we will check the development of the AEX. Assume the 1000 euros investment in the AEX is worth 1030 euros. Would you win 20 euros? |
| pg20f005 | Imagine six months have passed and you are answering the next questionnaire. Please click on the orange button „Wheel of fortune“. Would you win 20 euros? |
| pg20f006 | Imagine six months have passed and you are answering the next questionnaire. Please click on the orange button „Wheel of fortune“. Would you win 20 euros? |
| pg20f007 | On 30th April 2021 we will check the development of the AEX. Assume the 1000 euros investment in the AEX is worth 1030 euros. Would you win 20 euros? |
| pg20f008 | You can choose between option 1 or option 2. |
| pg20f009 | You can choose between option 1 or option 2. |
| pg20f010 | You can choose between option 1 or option 2. |
| pg20f011 | You can choose between option 1 or option 2. |
| pg20f012 | You can choose between option 1 or option 2. |
| pg20f013 | You can choose between option 1 or option 2. |
| pg20f014 | You can choose between option 1 or option 2. |
| pg20f015 | You can choose between option 1 or option 2. |
| pg20f016 | You can choose between option 1 or option 2. |
| pg20f017 | You can choose between option 1 or option 2. |
| pg20f018 | You can choose between option 1 or option 2. |
| pg20f019 | You can choose between option 1 or option 2. |
| pg20f020 | You can choose between option 1 or option 2. |
| pg20f021 | You can choose between option 1 or option 2. |
| pg20f022 | You can choose between option 1 or option 2. |
| pg20f023 | You can choose between option 1 or option 2. |
| pg20f024 | You can choose between option 1 or option 2. |
| pg20f025 | You can choose between option 1 or option 2. |
| pg20f026 | You can choose between option 1 or option 2. |
| pg20f027 | You can choose between option 1 or option 2. |
| pg20f028 | You can choose between option 1 or option 2. |
| pg20f029 | You can choose between option 1 or option 2. |
| pg20f030 | You can choose between option 1 or option 2. |
| pg20f031 | You can choose between option 1 or option 2. |
| pg20f032 | You can choose between option 1 or option 2. |
| pg20f033 | You can choose between option 1 or option 2. |
| pg20f034 | You can choose between option 1 or option 2. |
| pg20f035 | You can choose between option 1 or option 2. |
| pg20f036 | You can choose between option 1 or option 2. |
| pg20f037 | You can choose between option 1 or option 2. |
| pg20f038 | You can choose between option 1 or option 2. |
| pg20f039 | You can choose between option 1 or option 2. |
| pg20f040 | You can choose between option 1 or option 2. |
| pg20f041 | You can choose between option 1 or option 2. |
| pg20f042 | You can choose between option 1 or option 2. |
| pg20f043 | You can choose between option 1 or option 2. |
| pg20f044 | You can choose between option 1 or option 2. |
| pg20f045 | You can choose between option 1 or option 2. |
| pg20f046 | You can choose between option 1 or option 2. |
| pg20f047 | You can choose between option 1 or option 2. |
| pg20f048 | You can choose between option 1 or option 2. |
| pg20f049 | You can choose between option 1 or option 2. |
| pg20f050 | You can choose between option 1 or option 2. |
| pg20f051 | You can choose between option 1 or option 2. |
| pg20f052 | You can choose between option 1 or option 2. |
| pg20f053 | You can choose between option 1 or option 2. |
| pg20f054 | You can choose between option 1 or option 2. |
| pg20f055 | You can choose between option 1 or option 2. |
| pg20f056 | You can choose between option 1 or option 2. |
| pg20f057 | You can choose between option 1 or option 2. |
| pg20f058 | You can choose between option 1 or option 2. |
| pg20f059 | You can choose between option 1 or option 2. |
| pg20f060 | You can choose between option 1 or option 2. |
| pg20f061 | You can choose between option 1 or option 2. |
| pg20f062 | You can choose between option 1 or option 2. |
| pg20f063 | You can choose between option 1 or option 2. |
| pg20f064 | You can choose between option 1 or option 2. |
| pg20f065 | You can choose between option 1 or option 2. |
| pg20f066 | You can choose between option 1 or option 2. |
| pg20f067 | You can choose between option 1 or option 2. |
| pg20f068 | You can choose between option 1 or option 2. |
| pg20f069 | You can choose between option 1 or option 2. |
| pg20f070 | You can choose between option 1 or option 2. |
| pg20f071 | You can choose between option 1 or option 2. |
| pg20f072 | You can choose between option 1 or option 2. |
| pg20f073 | You can choose between option 1 or option 2. |
| pg20f074 | You can choose between option 1 or option 2. |
| pg20f075 | You can choose between option 1 or option 2. |
| pg20f076 | You can choose between option 1 or option 2. |
| pg20f077 | You can choose between option 1 or option 2. |
| pg20f078 | You can choose between option 1 or option 2. |
| pg20f079 | You can choose between option 1 or option 2. |
| pg20f080 | You can choose between option 1 or option 2. |
| pg20f081 | You can choose between option 1 or option 2. |
| pg20f082 | You can choose between option 1 or option 2. |
| pg20f083 | You can choose between option 1 or option 2. |
| pg20f084 | You can choose between option 1 or option 2. |
| pg20f085 | You can choose between option 1 or option 2. |
| pg20f086 | You can choose between option 1 or option 2. |
| pg20f087 | You can choose between option 1 or option 2. |
| pg20f088 | You can choose between option 1 or option 2. |
| pg20f089 | You can choose between option 1 or option 2. |
| pg20f090 | You can choose between option 1 or option 2. |
| pg20f091 | You can choose between option 1 or option 2. |
| pg20f092 | You can choose between option 1 or option 2. |
| pg20f093 | You can choose between option 1 or option 2. |
| pg20f094 | You can choose between option 1 or option 2. |
| pg20f095 | You can choose between option 1 or option 2. |
| pg20f096 | You can choose between option 1 or option 2. |
| pg20f097 | You can choose between option 1 or option 2. |
| pg20f098 | You can choose between option 1 or option 2. |
| pg20f099 | You can choose between option 1 or option 2. |
| pg20f100 | You can choose between option 1 or option 2. |
| pg20f101 | You can choose between option 1 or option 2. |
| pg20f102 | You can choose between option 1 or option 2. |
| pg20f103 | You can choose between option 1 or option 2. |
| pg20f104 | You can choose between option 1 or option 2. |
| pg20f105 | You can choose between option 1 or option 2. |
| pg20f106 | You can choose between option 1 or option 2. |
| pg20f107 | You can choose between option 1 or option 2. |
| pg20f108 | You can choose between option 1 or option 2. |
| pg20f109 | You can choose between option 1 or option 2. |
| pg20f110 | You can choose between option 1 or option 2. |
| pg20f111 | You can choose between option 1 or option 2. |
| pg20f112 | You can choose between option 1 or option 2. |
| pg20f113 | You can choose between option 1 or option 2. |
| pg20f114 | You can choose between option 1 or option 2. |
| pg20f115 | You can choose between option 1 or option 2. |
| pg20f116 | You can choose between option 1 or option 2. |
| pg20f117 | You can choose between option 1 or option 2. |
| pg20f118 | You can choose between option 1 or option 2. |
| pg20f119 | You can choose between option 1 or option 2. |
| pg20f120 | You can choose between option 1 or option 2. |
| pg20f121 | You can choose between option 1 or option 2. |
| pg20f122 | You can choose between option 1 or option 2. |
| pg20f123 | You can choose between option 1 or option 2. |
| pg20f124 | You can choose between option 1 or option 2. |
| pg20f125 | You can choose between option 1 or option 2. |
| pg20f126 | You can choose between option 1 or option 2. |
| pg20f127 | You can choose between option 1 or option 2. |
| pg20f128 | You can choose between option 1 or option 2. |
| pg20f129 | You can choose between option 1 or option 2. |
| pg20f130 | You can choose between option 1 or option 2. |
| pg20f131 | You can choose between option 1 or option 2. |
| pg20f132 | You can choose between option 1 or option 2. |
| pg20f133 | You can choose between option 1 or option 2. |
| pg20f134 | You can choose between option 1 or option 2. |
| pg20f135 | You can choose between option 1 or option 2. |
| pg20f136 | You can choose between option 1 or option 2. |
| pg20f137 | You can choose between option 1 or option 2. |
| pg20f138 | You can choose between option 1 or option 2. |
| pg20f139 | You can choose between option 1 or option 2. |
| pg20f140 | You can choose between option 1 or option 2. |
| pg20f141 | You can choose between option 1 or option 2. |
| pg20f142 | You can choose between option 1 or option 2. |
| pg20f143 | You can choose between option 1 or option 2. |
| pg20f144 | You can choose between option 1 or option 2. |
| pg20f145 | You can choose between option 1 or option 2. |
| pg20f146 | You can choose between option 1 or option 2. |
| pg20f147 | You can choose between option 1 or option 2. |
| pg20f148 | You can choose between option 1 or option 2. |
| pg20f149 | You can choose between option 1 or option 2. |
| pg20f150 | You can choose between option 1 or option 2. |
| pg20f151 | You can choose between option 1 or option 2. |
| pg20f152 | You can choose between option 1 or option 2. |
| pg20f153 | You can choose between option 1 or option 2. |
| pg20f154 | You can choose between option 1 or option 2. |
| pg20f155 | You can choose between option 1 or option 2. |
| pg20f156 | You can choose between option 1 or option 2. |
| pg20f157 | You can choose between option 1 or option 2. |
| pg20f158 | You can choose between option 1 or option 2. |
| pg20f159 | You can choose between option 1 or option 2. |
| pg20f160 | You can choose between option 1 or option 2. |
| pg20f161 | You can choose between option 1 or option 2. |
| pg20f162 | You can choose between option 1 or option 2. |
| pg20f163 | You can choose between option 1 or option 2. |
| pg20f164 | You can choose between option 1 or option 2. |
| pg20f165 | You can choose between option 1 or option 2. |
| pg20f166 | You can choose between option 1 or option 2. |
| pg20f167 | You can choose between option 1 or option 2. |
| pg20f168 | You can choose between option 1 or option 2. |
| pg20f169 | You can choose between option 1 or option 2. |
| pg20f170 | You can choose between option 1 or option 2. |
| pg20f171 | You can choose between option 1 or option 2. |
| pg20f172 | You can choose between option 1 or option 2. |
| pg20f173 | You can choose between option 1 or option 2. |
| pg20f174 | You can choose between option 1 or option 2. |
| pg20f175 | You can choose between option 1 or option 2. |
| pg20f176 | You can choose between option 1 or option 2. |
| pg20f177 | You can choose between option 1 or option 2. |
| pg20f178 | You can choose between option 1 or option 2. |
| pg20f179 | You can choose between option 1 or option 2. |
| pg20f180 | You can choose between option 1 or option 2. |
| pg20f181 | You can choose between option 1 or option 2. |
| pg20f182 | You can choose between option 1 or option 2. |
| pg20f183 | You can choose between option 1 or option 2. |
| pg20f184 | You can choose between option 1 or option 2. |
| pg20f185 | You can choose between option 1 or option 2. |
| pg20f186 | You can choose between option 1 or option 2. |
| pg20f187 | You can choose between option 1 or option 2. |
| pg20f188 | You can choose between option 1 or option 2. |
| pg20f189 | You can choose between option 1 or option 2. |
| pg20f454 | Generally speaking, are you the kind of person who is willing to take risks? |
| pg20f455 | When answering the last questions,... Did you rather think of the negative or positive sides of risk? |
| pg20f456 | When answering the last questions,... Did you rather think of small everyday situations or large important ones? |
| pg20f457 | When answering the last questions,... Did you rather think of situations in which there are small or large gains? |
| pg20f458 | When answering the last questions,... Did you rather think of situations in which there are small or large losses? |
| pg20f459 | What did you have in mind when you gave the assessment (i.e.: the figure) of your risk tolerance? Own experiences |
| pg20f460 | What did you have in mind when you gave the assessment (i.e.: the figure) of your risk tolerance? Own behaviour |
| pg20f461 | What did you have in mind when you gave the assessment (i.e.: the figure) of your risk tolerance? My behaviour compared with the behaviour of other people |
| pg20f462 | What did you have in mind when you gave the assessment (i.e.: the figure) of your risk tolerance? The consequences of my behaviour for me |
| pg20f463 | What did you have in mind when you gave the assessment (i.e.: the figure) of your risk tolerance? The consequences of my behaviour for others |
| pg20f464 | What did you have in mind when you gave the assessment (i.e.: the figure) of your risk tolerance? Thought about what my environment tells me about my willingness to take risks |
| pg20f465 | What did you have in mind when you gave the assessment (i.e.: the figure) of your risk tolerance? Made the statement spontaneously without much thought or consideration |
| pg20f466 | How willing are you to act in a certain way? give up something that is beneficial to you today, so that you can benefit more from it in the future? |
| pg20f467 | What do you prefer?: a 50% chance of winning 300 euros with a 50% chance of winning nothing or would your rather receive 160 euros as a fixed payment? |
| pg20f468 | What do you prefer?: a 50% chance of winning 300 euros with a 50% chance of winning nothing or would your rather receive [pg20f450] euros as a fixed payment? |
| pg20f469 | What do you prefer?: a 50% chance of winning 300 euros with a 50% chance of winning nothing or would your rather receive [pg20f451] euros as a fixed payment? |
| pg20f470 | What do you prefer?: a 50% chance of winning 300 euros with a 50% chance of winning nothing or would your rather receive [pg20f452] euros as a fixed payment? |
| pg20f471 | What do you prefer?: a 50% chance of winning 300 euros with a 50% chance of winning nothing or would your rather receive [pg20f453] euros as a fixed payment? |
| pg20f472 | Would you rather receive 100 euros today or receive 154 euros in 12 months? |
| pg20f473 | Would you rather receive 100 euros today or receive 125 euros in 12 months? |
| pg20f474 | Would you rather receive 100 euros today or receive 112 euros in 12 months? |
| pg20f475 | Would you rather receive 100 euros today or receive 106 euros in 12 months? |
| pg20f476 | Would you rather receive 100 euros today or receive 109 euros in 12 months? |
| pg20f477 | Would you rather receive 100 euros today or receive 103 euros in 12 months? |
| pg20f478 | Would you rather receive 100 euros today or receive 119 euros in 12 months? |
| pg20f479 | Would you rather receive 100 euros today or receive 122 euros in 12 months? |
| pg20f480 | Would you rather receive 100 euros today or receive 116 euros in 12 months? |
| pg20f481 | Would you rather receive 100 euros today or receive 139 euros in 12 months? |
| pg20f482 | Would you rather receive 100 euros today or receive 132 euros in 12 months? |
| pg20f483 | Would you rather receive 100 euros today or receive 129 euros in 12 months? |
| pg20f484 | Would you rather receive 100 euros today or receive 136 euros in 12 months? |
| pg20f485 | Would you rather receive 100 euros today or receive 146 euros in 12 months? |
| pg20f486 | Would you rather receive 100 euros today or receive 143 euros in 12 months? |
| pg20f487 | Would you rather receive 100 euros today or receive 150 euros in 12 months? |
| pg20f488 | Would you rather receive 100 euros today or receive 185 euros in 12 months? |
| pg20f489 | Would you rather receive 100 euros today or receive 202 euros in 12 months? |
| pg20f490 | Would you rather receive 100 euros today or receive 193 euros in 12 months? |
| pg20f491 | Would you rather receive 100 euros today or receive 197 euros in 12 months? |
| pg20f492 | Would you rather receive 100 euros today or receive 189 euros in 12 months? |
| pg20f493 | Would you rather receive 100 euros today or receive 210 euros in 12 months? |
| pg20f494 | Would you rather receive 100 euros today or receive 215 euros in 12 months? |
| pg20f495 | Would you rather receive 100 euros today or receive 206 euros in 12 months? |
| pg20f496 | Would you rather receive 100 euros today or receive 169 euros in 12 months? |
| pg20f497 | Would you rather receive 100 euros today or receive 161 euros in 12 months? |
| pg20f498 | Would you rather receive 100 euros today or receive 158 euros in 12 months? |
| pg20f499 | Would you rather receive 100 euros today or receive 165 euros in 12 months? |
| pg20f500 | Would you rather receive 100 euros today or receive 177 euros in 12 months? |
| pg20f501 | Would you rather receive 100 euros today or receive 173 euros in 12 months? |
| pg20f502 | Would you rather receive 100 euros today or receive 181 euros in 12 months? |
| pg20f503 | In a sale, a shop is selling all items at half price. Before the sale, a sofa costs €300. How much will it cost in the sale? |
| pg20f504 | If the chance of getting a disease is 10 percent, how many people out of 1,000 (one thousand) would be expected to get the disease? |
| pg20f505 | A second hand car dealer is selling a car for €6,000. This is two-thirds of what it cost new. How much did the car cost new? |
| pg20f506 | If you buy a drink for 85 cent and pay with a one euro coin, how much change should you get back? |
| pg20f507 | If 5 people all have the winning numbers in the lottery and the prize is €2 million, how much will each of them get? |
| pg20f508 | Let's say you have €200 in a savings account. The account earns ten per cent interest each year. How much would you have in the account at the end of two years? |
| pg20f221 | Suppose you have 1000 euros on a savings account and the interest is 1% per year. How much do you think you will have on the savings account after three years, assuming that you leave all your money on this savings account: |
| pg20f222 | Suppose you put 1000 euros into a savings account with a guaranteed interest rate of 0.3% per year. [...] How much would be in the account at the end of the first year, once the interest payment is made? |
| pg20f223 | And how much would be in the account at the end of five years? Would it be: |
| pg20f224 | Suppose that the interest on your savings account is 1% per year and that inflation amounts to 2% per year. After 1 year, would you be able to buy more, exactly the same, or less than you could today with the money on that account? |
| pg20f225 | Suppose this bowl has 10 white balls and no red balls. You draw one ball from the bowl without looking. On a scale from 0 to 100, what is the percent chance that the ball you draw is red? |
| pg20f226 | Now suppose that the bowl has 7 white balls and 3 red balls. You will be asked to draw one ball without looking. On a scale from 0 percent to 100 percent, what is the percent chance that the ball you draw is white? |
| pg20f227 | Imagine that the weather report tells you that the chance it will rain tomorrow is 70%. Assuming the weather report accurately reports the chance of rain, what is the chance it will not rain tomorrow? |
| pg20f228 | [...]The chance that it will rain in your town tomorrow is 50%. The chance that it will rain in New York is also 50%. What is the chance that it will rain both in your town and in New York tomorrow? |
| pg20f229 | Imagine your friend has a normal coin. [....]Your friend flips this fair coin 3 times, and each time it comes up heads. What is the percent chance that if your friend flips the coin again it will come up tails? |
| pg20f230 | Say the chance that the temperature will reach a value of at least 10°C tomorrow is 50%. What do you think is the chance that the temperature will reach a value of at least 15°C tomorrow? |
| pg20f231 | Say the chance that it is warmer than 10°C tomorrow is 50%. Then, what do you think is the chance that it will be warmer than 0°C tomorrow? |
| pg20f190 | Was it difficult to answer the questions? |
| pg20f191 | Were the questions sufficiently clear? |
| pg20f192 | Did the questionnaire get you thinking about things? |
| pg20f193 | Was it an interesting subject? |
| pg20f194 | Did you enjoy answering the questions? |
| pg20f195 | Starting date questionnaire |
| pg20f196 | Starting time questionnaire |
| pg20f197 | End date questionnaire |
| pg20f198 | End time questionnaire |
| pg20f199 | Duration in seconds |
Response Information
Response Overview
Selected number of household members: 2,267 (100.0%)Non-response: 469 (20.7%)
Response: 1,798 (79.3%)
Complete: 1,783 (78.7%)
Incomplete: 15 (0.7%)
Collection Events
Period
02-11-2020 to 24-11-2020
Sample
Financial respondents who responded to wave 5 of the time use & consumption survey and did not object to CBS data linkage.
Collection Mode
Internet Survey
Fieldwork Note
A reminder was sent twice to non-respondents.