prepared to take financial risks
Datafile
Variable note:
This variable is part of the "Time/risk preferences" experiment. See the description of experiments in the IP User Guide.
Question asked in the latest wave:
timepreferencecontrol_ip7.trflrisk
Question label:
Prepared to take financial risks
Question text:
Are you generally a person who is fully prepared to take risks in financial matters or do you try to avoid taking risks?
Question universe:
if ff_trflag = 1 (If asked time and risk preference questions)
and if (GRIDVARIABLES.ModeType = 1 & CASISTART.scac = 1 thru 3)| (GRIDVARIABLES.ModeType = 3) (Mode is face-to-face and has agreed to self-completion OR mode is WEB)
Further details:
For further details about this question, please see the questionnaires
| Value label | Value | Absolute frequency | Relative frequency |
|---|---|---|---|
| missing | -9 | 39 | 1.62% |
| inapplicable | -8 | 1774 | 73.52% |
| proxy | -7 | 76 | 3.15% |
| refusal | -2 | 2 | 0.08% |
| don't know | -1 | 1 | 0.04% |
| unwilling to take risks | 0 | 8 | 0.33% |
| 1 | 3 | 0.12% | |
| 2 | 15 | 0.62% | |
| 3 | 22 | 0.91% | |
| 4 | 33 | 1.37% | |
| 5 | 80 | 3.32% | |
| 6 | 27 | 1.12% | |
| 7 | 44 | 1.82% | |
| 8 | 86 | 3.56% | |
| 9 | 93 | 3.85% | |
| fully prepared to take risks | 10 | 110 | 4.56% |
| Total | 2413 | 100.0% |
| Value label | Value | Absolute frequency | Relative frequency |
|---|---|---|---|
| missing | -9 | 33 | 1.54% |
| inapplicable | -8 | 1294 | 60.21% |
| proxy | -7 | 125 | 5.82% |
| unwilling to take risks | 0 | 95 | 4.42% |
| 1 | 111 | 5.17% | |
| 2 | 126 | 5.86% | |
| 3 | 103 | 4.79% | |
| 4 | 69 | 3.21% | |
| 5 | 93 | 4.33% | |
| 6 | 31 | 1.44% | |
| 7 | 44 | 2.05% | |
| 8 | 17 | 0.79% | |
| 9 | 4 | 0.19% | |
| fully prepared to take risks | 10 | 4 | 0.19% |
| Total | 2149 | 100.0% |
