Innovation Panel Questionnaire Module
timeandriskpreference_ip7
Time and risk preference module
Questions 107
timeandriskpreference_ip7.choice28
Time preference choice 28
Type: choice
Source: UKHLS
Text: Choice 28 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £120 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice28 (g_indresp_ip) time preference choice 28
timeandriskpreference_ip7.choice29
Time preference choice 29
Type: choice
Source: UKHLS
Text: Choice 29 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £125 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice29 (g_indresp_ip) time preference choice 29
timeandriskpreference_ip7.dieroll
Screen shows die-roll animation
Type: choice
Source: UKHLS
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if SelPay = 1 (Selection for payment)
timeandriskpreference_ip7.choice01
Time preference choice 01
Type: choice
Source: UKHLS
Text: Choice 01 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £100.42 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice01 (g_indresp_ip) time preference choice 01
timeandriskpreference_ip7.choice02
Time preference choice 02
Type: choice
Source: UKHLS
Text: Choice 02 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £100.83 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice02 (g_indresp_ip) time preference choice 02
timeandriskpreference_ip7.choice03
Time preference choice 03
Type: choice
Source: UKHLS
Text: Choice 03 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £101.25 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice03 (g_indresp_ip) time preference choice 03
timeandriskpreference_ip7.choice04
Time preference choice 04
Type: choice
Source: UKHLS
Text: Choice 04 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £101.67 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice04 (g_indresp_ip) time preference choice 04
timeandriskpreference_ip7.choice05
Time preference choice 05
Type: choice
Source: UKHLS
Text: Choice 05 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £102.08 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice05 (g_indresp_ip) time preference choice 05
timeandriskpreference_ip7.choice06
Time preference choice 06
Type: choice
Source: UKHLS
Text: Choice 06 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £102.50 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice06 (g_indresp_ip) time preference choice 06
timeandriskpreference_ip7.choice07
Time preference choice 07
Type: choice
Source: UKHLS
Text: Choice 07 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £103.33 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice07 (g_indresp_ip) time preference choice 07
timeandriskpreference_ip7.choice08
Time preference choice 08
Type: choice
Source: UKHLS
Text: Choice 08 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £104.17 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice08 (g_indresp_ip) time preference choice 08
timeandriskpreference_ip7.choice09
Time preference choice 09
Type: choice
Source: UKHLS
Text: Choice 09 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £105 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice09 (g_indresp_ip) time preference choice 09
timeandriskpreference_ip7.choice10
Time preference choice 10
Type: choice
Source: UKHLS
Text: Choice 10 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £106.67 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice10 (g_indresp_ip) time preference choice 10
timeandriskpreference_ip7.choice11
Time preference choice 11
Type: choice
Source: UKHLS
Text: Choice 11 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £108.33 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice11 (g_indresp_ip) time preference choice 11
timeandriskpreference_ip7.choice12
Time preference choice 12
Type: choice
Source: UKHLS
Text: Choice 12 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £112.50 in 2 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice12 (g_indresp_ip) time preference choice 12
timeandriskpreference_ip7.choice13
Time preference choice 13
Type: choice
Source: UKHLS
Text: Choice 13 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £101.25 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice13 (g_indresp_ip) time preference choice 13
timeandriskpreference_ip7.choice14
Time preference choice 14
Type: choice
Source: UKHLS
Text: Choice 14 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £102.50 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice14 (g_indresp_ip) time preference choice 14
timeandriskpreference_ip7.choice15
Time preference choice 15
Type: choice
Source: UKHLS
Text: Choice 15 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £103.75 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice15 (g_indresp_ip) time preference choice 15
timeandriskpreference_ip7.choice16
Time preference choice 16
Type: choice
Source: UKHLS
Text: Choice 16 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £105 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice16 (g_indresp_ip) time preference choice 16
timeandriskpreference_ip7.choice17
Time preference choice 17
Type: choice
Source: UKHLS
Text: Choice 17 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £106.25 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice17 (g_indresp_ip) time preference choice 17
timeandriskpreference_ip7.choice18
Time preference choice 18
Type: choice
Source: UKHLS
Text: Choice 18 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £107.50 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice18 (g_indresp_ip) time preference choice 18
timeandriskpreference_ip7.choice19
Time preference choice 19
Type: choice
Source: UKHLS
Text: Choice 19 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £110 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice19 (g_indresp_ip) time preference choice 19
timeandriskpreference_ip7.choice20
Time preference choice 20
Type: choice
Source: UKHLS
Text: Choice 20 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £112.50 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice20 (g_indresp_ip) time preference choice 20
timeandriskpreference_ip7.choice21
Time preference choice 21
Type: choice
Source: UKHLS
Text: Choice 21 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £115 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice21 (g_indresp_ip) time preference choice 21
timeandriskpreference_ip7.choice22
Time preference choice 22
Type: choice
Source: UKHLS
Text: Choice 22 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £120 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice22 (g_indresp_ip) time preference choice 22
timeandriskpreference_ip7.choice23
Time preference choice 23
Type: choice
Source: UKHLS
Text: Choice 23 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £125 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice23 (g_indresp_ip) time preference choice 23
timeandriskpreference_ip7.choice24
Time preference choice 24
Type: choice
Source: UKHLS
Text: Choice 24 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £137.50 in 4 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice24 (g_indresp_ip) time preference choice 24
timeandriskpreference_ip7.choice25
Time preference choice 25
Type: choice
Source: UKHLS
Text: Choice 25 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £105 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice25 (g_indresp_ip) time preference choice 25
timeandriskpreference_ip7.choice26
Time preference choice 26
Type: choice
Source: UKHLS
Text: Choice 26 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £110 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice26 (g_indresp_ip) time preference choice 26
timeandriskpreference_ip7.choice27
Time preference choice 27
Type: choice
Source: UKHLS
Text: Choice 27 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £115 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice27 (g_indresp_ip) time preference choice 27
timeandriskpreference_ip7.choice30
Time preference choice 30
Type: choice
Source: UKHLS
Text: Choice 30 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £130 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice30 (g_indresp_ip) time preference choice 30
timeandriskpreference_ip7.choice31
Time preference choice 31
Type: choice
Source: UKHLS
Text: Choice 31 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £140 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice31 (g_indresp_ip) time preference choice 31
timeandriskpreference_ip7.choice32
Time preference choice 32
Type: choice
Source: UKHLS
Text: Choice 32 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £150 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice32 (g_indresp_ip) time preference choice 32
timeandriskpreference_ip7.choice33
Time preference choice 33
Type: choice
Source: UKHLS
Text: Choice 33 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £160 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice33 (g_indresp_ip) time preference choice 33
timeandriskpreference_ip7.choice34
Time preference choice 34
Type: choice
Source: UKHLS
Text: Choice 34 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £180 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice34 (g_indresp_ip) time preference choice 34
timeandriskpreference_ip7.choice35
Time preference choice 35
Type: choice
Source: UKHLS
Text: Choice 35 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £200 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice35 (g_indresp_ip) time preference choice 35
timeandriskpreference_ip7.choice36
Time preference choice 36
Type: choice
Source: UKHLS
Text: Choice 36 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 in 1 month |
| 2 | OPTION B: Receiving £250 in 13 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice36 (g_indresp_ip) time preference choice 36
timeandriskpreference_ip7.choice37
Time preference choice 37
Type: choice
Source: UKHLS
Text: Choice 37 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £100.42 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice37 (g_indresp_ip) time preference choice 37
timeandriskpreference_ip7.choice38
Time preference choice 38
Type: choice
Source: UKHLS
Text: Choice 38 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £100.83 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice38 (g_indresp_ip) time preference choice 38
timeandriskpreference_ip7.choice39
Time preference choice 39
Type: choice
Source: UKHLS
Text: Choice 39 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £101.25 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice39 (g_indresp_ip) time preference choice 39
timeandriskpreference_ip7.choice40
Time preference choice 40
Type: choice
Source: UKHLS
Text: Choice 40 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £101.67 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice40 (g_indresp_ip) time preference choice 40
timeandriskpreference_ip7.choice41
Time preference choice 41
Type: choice
Source: UKHLS
Text: Choice 41 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £102.08 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice41 (g_indresp_ip) time preference choice 41
timeandriskpreference_ip7.choice42
Time preference choice 42
Type: choice
Source: UKHLS
Text: Choice 42 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £102.50 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice42 (g_indresp_ip) time preference choice 42
timeandriskpreference_ip7.choice43
Time preference choice 43
Type: choice
Source: UKHLS
Text: Choice 43 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £103.33 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice43 (g_indresp_ip) time preference choice 43
timeandriskpreference_ip7.choice44
Time preference choice 44
Type: choice
Source: UKHLS
Text: Choice 44 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £104.17 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice44 (g_indresp_ip) time preference choice 44
timeandriskpreference_ip7.choice45
Time preference choice 45
Type: choice
Source: UKHLS
Text: Choice 45 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £105 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice45 (g_indresp_ip) time preference choice 45
timeandriskpreference_ip7.choice46
Time preference choice 46
Type: choice
Source: UKHLS
Text: Choice 46 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £106.67 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice46 (g_indresp_ip) time preference choice 46
timeandriskpreference_ip7.choice47
Time preference choice 47
Type: choice
Source: UKHLS
Text: Choice 47 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £108.33 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice47 (g_indresp_ip) time preference choice 47
timeandriskpreference_ip7.choice48
Time preference choice 48
Type: choice
Source: UKHLS
Text: Choice 48 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £112.50 in 1 month |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice48 (g_indresp_ip) time preference choice 48
timeandriskpreference_ip7.choice49
Time preference choice 49
Type: choice
Source: UKHLS
Text: Choice 49 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £101.25 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice49 (g_indresp_ip) time preference choice 49
timeandriskpreference_ip7.choice50
Time preference choice 50
Type: choice
Source: UKHLS
Text: Choice 50 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £102.50 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice50 (g_indresp_ip) time preference choice 50
timeandriskpreference_ip7.choice51
Time preference choice 51
Type: choice
Source: UKHLS
Text: Choice 51 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £103.75 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice51 (g_indresp_ip) time preference choice 51
timeandriskpreference_ip7.choice52
Time preference choice 52
Type: choice
Source: UKHLS
Text: Choice 52 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £105 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice52 (g_indresp_ip) time preference choice 52
timeandriskpreference_ip7.choice53
Time preference choice 53
Type: choice
Source: UKHLS
Text: Choice 53 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £106.25 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice53 (g_indresp_ip) time preference choice 53
timeandriskpreference_ip7.choice54
Time preference choice 54
Type: choice
Source: UKHLS
Text: Choice 54 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £107.50 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice54 (g_indresp_ip) time preference choice 54
timeandriskpreference_ip7.choice55
Time preference choice 55
Type: choice
Source: UKHLS
Text: Choice 55 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £110 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice55 (g_indresp_ip) time preference choice 55
timeandriskpreference_ip7.choice56
Time preference choice 56
Type: choice
Source: UKHLS
Text: Choice 56 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £112.50 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice56 (g_indresp_ip) time preference choice 56
timeandriskpreference_ip7.choice57
Time preference choice 57
Type: choice
Source: UKHLS
Text: Choice 57 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £115 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice57 (g_indresp_ip) time preference choice 57
timeandriskpreference_ip7.choice58
Time preference choice 58
Type: choice
Source: UKHLS
Text: Choice 58 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £120 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice58 (g_indresp_ip) time preference choice 58
timeandriskpreference_ip7.choice59
Time preference choice 59
Type: choice
Source: UKHLS
Text: Choice 59 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £125 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice59 (g_indresp_ip) time preference choice 59
timeandriskpreference_ip7.choice60
Time preference choice 60
Type: choice
Source: UKHLS
Text: Choice 60 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £137.50 in 3 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice60 (g_indresp_ip) time preference choice 60
timeandriskpreference_ip7.choice61
Time preference choice 61
Type: choice
Source: UKHLS
Text: Choice 61 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £105 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice61 (g_indresp_ip) time preference choice 61
timeandriskpreference_ip7.choice62
Time preference choice 62
Type: choice
Source: UKHLS
Text: Choice 62 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £110 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice62 (g_indresp_ip) time preference choice 62
timeandriskpreference_ip7.choice63
Time preference choice 63
Type: choice
Source: UKHLS
Text: Choice 63 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £115 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice63 (g_indresp_ip) time preference choice 63
timeandriskpreference_ip7.choice65
Time preference choice 65
Type: choice
Source: UKHLS
Text: Choice 65 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £125 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice65 (g_indresp_ip) time preference choice 65
timeandriskpreference_ip7.choice66
Time preference choice 66
Type: choice
Source: UKHLS
Text: Choice 66 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £130 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice66 (g_indresp_ip) time preference choice 66
timeandriskpreference_ip7.choice67
Time preference choice 67
Type: choice
Source: UKHLS
Text: Choice 67 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £140 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice67 (g_indresp_ip) time preference choice 67
timeandriskpreference_ip7.choice68
Time preference choice 68
Type: choice
Source: UKHLS
Text: Choice 68 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £150 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice68 (g_indresp_ip) time preference choice 68
timeandriskpreference_ip7.choice69
Time preference choice 69
Type: choice
Source: UKHLS
Text: Choice 69 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £160 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice69 (g_indresp_ip) time preference choice 69
timeandriskpreference_ip7.choice70
Time preference choice 70
Type: choice
Source: UKHLS
Text: Choice 70 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £180 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice70 (g_indresp_ip) time preference choice 70
timeandriskpreference_ip7.choice71
Time preference choice 71
Type: choice
Source: UKHLS
Text: Choice 71 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £200 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice71 (g_indresp_ip) time preference choice 71
timeandriskpreference_ip7.choice72
Time preference choice 72
Type: choice
Source: UKHLS
Text: Choice 72 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £250 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice72 (g_indresp_ip) time preference choice 72
timeandriskpreference_ip7.choice73
Risk preference choice 73
Type: choice
Source: UKHLS
Text: Choice 73 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £40 with a 1 in 10 chance (i.e., die roll is 1), and £32 with a 9 in 10 chance (i.e., die roll is 2,3,4,5,6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £77 with a 1 in 10 chance (i.e., die roll is 1), and £2 with a 9 in 10 chance (i.e., die roll is 2,3,4,5,6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice73 (g_indresp_ip) risk preference choice 73
timeandriskpreference_ip7.choice74
Risk preference choice 74
Type: choice
Source: UKHLS
Text: Choice 74 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £40 with a 2 in 10 chance (i.e., die roll is 1 or 2), and £32 with an 8 in 10 chance (i.e., die roll is 3,4,5,6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £77 with a 2 in 10 chance (i.e., die roll is 1 or 2), and £2 with an 8 in 10 chance (i.e., die roll is 3,4,5,6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice74 (g_indresp_ip) risk preference choice 74
timeandriskpreference_ip7.choice75
Risk preference choice 75
Type: choice
Source: UKHLS
Text: Choice 75 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £40 with a 3 in 10 chance (i.e., die roll is 1,2 or 3), and £32 with a 7 in 10 chance (i.e., die roll is 4,5,6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £77 with a 3 in 10 chance (i.e., die roll is 1,2 or 3), and £2 with a 7 in 10 chance (i.e., die roll is 4,5,6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice75 (g_indresp_ip) risk preference choice 75
timeandriskpreference_ip7.choice76
Risk preference choice 76
Type: choice
Source: UKHLS
Text: Choice 76 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £40 with a 4 in 10 chance (i.e., die roll is 1,2,3 or 4), and £32 with a 6 in 10 chance (i.e., die roll is 5,6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £77 with a 4 in 10 chance (i.e., die roll is 1,2,3 or 4), and £2 with a 6 in 10 chance (i.e., die roll is 5,6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice76 (g_indresp_ip) risk preference choice 76
timeandriskpreference_ip7.choice77
Risk preference choice 77
Type: choice
Source: UKHLS
Text: Choice 77 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £40 with a 5 in 10 chance (i.e., die roll is 1,2,3,4 or 5), and £32 with a 5 in 10 chance (i.e., die roll is 6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £77 with a 5 in 10 chance (i.e., die roll is 1,2,3,4 or 5), and £2 with a 5 in 10 chance (i.e., die roll is 6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice77 (g_indresp_ip) risk preference choice 77
timeandriskpreference_ip7.choice78
Risk preference choice 78
Type: choice
Source: UKHLS
Text: Choice 78 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £40 with a 6 in 10 chance (i.e., die roll is 1,2,3,4,5 or 6), and £32 with a 4 in 10 chance (i.e., die roll is 7,8,9 or 10) |
| 2 | LOTTERY B: Winning £77 with a 6 in 10 chance (i.e., die roll is 1,2,3,4,5 or 6), and £2 with a 4 in 10 chance (i.e., die roll is 7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice78 (g_indresp_ip) risk preference choice 78
timeandriskpreference_ip7.choice79
Risk preference choice 79
Type: choice
Source: UKHLS
Text: Choice 79 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £40 with a 7 in 10 chance (i.e., die roll is 1,2,3,4,5,6 or 7), and £32 with a 3 in 10 chance (i.e., die roll is 8,9 or 10) |
| 2 | LOTTERY B: Winning £77 with a 7 in 10 chance (i.e., die roll is 1,2,3,4,5,6 or 7), and £2 with a 3 in 10 chance (i.e., die roll is 8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice79 (g_indresp_ip) risk preference choice 79
timeandriskpreference_ip7.choice80
Risk preference choice 80
Type: choice
Source: UKHLS
Text: Choice 80 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £40 with an 8 in 10 chance (i.e., die roll is 1,2,3,4,5,6,7 or 8), and £32 with a 2 in 10 chance (i.e., die roll is 9 or 10) |
| 2 | LOTTERY B: Winning £77 with an 8 in 10 chance (i.e., die roll is 1,2,3,4,5,6,7 or 8), and £2 with a 2 in 10 chance (i.e., die roll is 9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice80 (g_indresp_ip) risk preference choice 80
timeandriskpreference_ip7.choice81
Risk preference choice 81
Type: choice
Source: UKHLS
Text: Choice 81 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £40 with a 9 in 10 chance (i.e., die roll is 1,2,3,4,5,6,7,8 or 9), and £32 with a 1 in 10 chance (i.e., die roll is 10) |
| 2 | LOTTERY B: Winning £77 with a 9 in 10 chance (i.e., die roll is 1,2,3,4,5,6,7,8 or 9), and £2 with a 1 in 10 chance (i.e., die roll is 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice81 (g_indresp_ip) risk preference choice 81
timeandriskpreference_ip7.choice82
Risk preference choice 82
Type: choice
Source: UKHLS
Text: Choice 82 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £100 with a 1 in 10 chance (i.e., die roll is 1), and £40 with a 9 in 10 chance (i.e., die roll is 2,3,4,5,6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £180 with a 1 in 10 chance (i.e., die roll is 1), and £2 with a 9 in 10 chance (i.e., die roll is 2,3,4,5,6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice82 (g_indresp_ip) risk preference choice 82
timeandriskpreference_ip7.choice83
Risk preference choice 83
Type: choice
Source: UKHLS
Text: Choice 83 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £100 with a 2 in 10 chance (i.e., die roll is 1 or 2), and £40 with an 8 in 10 chance (i.e., die roll is 3,4,5,6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £180 with a 2 in 10 chance (i.e., die roll is 1 or 2), and £2 with an 8 in 10 chance (i.e., die roll is 3,4,5,6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice83 (g_indresp_ip) risk preference choice 83
timeandriskpreference_ip7.choice84
Risk preference choice 84
Type: choice
Source: UKHLS
Text: Choice 84 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £100 with a 3 in 10 chance (i.e., die roll is 1,2 or 3), and £40 with a 7 in 10 chance (i.e., die roll is 4,5,6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £180 with a 3 in 10 chance (i.e., die roll is 1,2 or 3), and £2 with a 7 in 10 chance (i.e., die roll is 4,5,6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice84 (g_indresp_ip) risk preference choice 84
timeandriskpreference_ip7.choice85
Risk preference choice 85
Type: choice
Source: UKHLS
Text: Choice 85 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £100 with a 4 in 10 chance (i.e., die roll is 1,2,3 or 4), and £40 with a 6 in 10 chance (i.e., die roll is 5,6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £180 with a 4 in 10 chance (i.e., die roll is 1,2,3 or 4), and £2 with a 6 in 10 chance (i.e., die roll is 5,6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice85 (g_indresp_ip) risk preference choice 85
timeandriskpreference_ip7.choice86
Risk preference choice 86
Type: choice
Source: UKHLS
Text: Choice 86 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £100 with a 5 in 10 chance (i.e., die roll is 1,2,3,4 or 5), and £40 with a 5 in 10 chance (i.e., die roll is 6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £180 with a 5 in 10 chance (i.e., die roll is 1,2,3,4 or 5), and £2 with a 5 in 10 chance (i.e., die roll is 6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice86 (g_indresp_ip) risk preference choice 86
timeandriskpreference_ip7.choice87
Risk preference choice 87
Type: choice
Source: UKHLS
Text: Choice 87 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £100 with a 6 in 10 chance (i.e., die roll is 1,2,3,4,5 or 6), and £40 with a 4 in 10 chance (i.e., die roll is 7,8,9 or 10) |
| 2 | LOTTERY B: Winning £180 with a 6 in 10 chance (i.e., die roll is 1,2,3,4,5 or 6), and £2 with a 4 in 10 chance (i.e., die roll is 7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice87 (g_indresp_ip) risk preference choice 87
timeandriskpreference_ip7.choice88
Risk preference choice 88
Type: choice
Source: UKHLS
Text: Choice 88 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £100 with a 7 in 10 chance (i.e., die roll is 1,2,3,4,5,6 or 7), and £40 with a 3 in 10 chance (i.e., die roll is 8,9 or 10) |
| 2 | LOTTERY B: Winning £180 with a 7 in 10 chance (i.e., die roll is 1,2,3,4,5,6 or 7), and £2 with a 3 in 10 chance (i.e., die roll is 8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice88 (g_indresp_ip) risk preference choice 88
timeandriskpreference_ip7.choice89
Time preference choice 89
Type: choice
Source: UKHLS
Text: Choice 89 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £100 with an 8 in 10 chance (i.e., die roll is 1,2,3,4,5,6,7 or 8), and £40 with a 2 in 10 chance (i.e., die roll is 9 or 10) |
| 2 | LOTTERY B: Winning £180 with an 8 in 10 chance (i.e., die roll is 1,2,3,4,5,6,7 or 8), and £2 with a 2 in 10 chance (i.e., die roll is 9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice89 (g_indresp_ip) time preference choice 89
timeandriskpreference_ip7.choice90
Risk preference choice 90
Type: choice
Source: UKHLS
Text: Choice 90 Between Lottery A and Lottery B, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £100 with a 9 in 10 chance (i.e., die roll is 1,2,3,4,5,6,7,8 or 9), and £40 with a 1 in 10 chance (i.e., die roll is 10) |
| 2 | LOTTERY B: Winning £180 with a 9 in 10 chance (i.e., die roll is 1,2,3,4,5,6,7,8 or 9), and £2 with a 1 in 10 chance (i.e., die roll is 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice90 (g_indresp_ip) risk preference choice 90
timeandriskpreference_ip7.choice91
Risk preference choice 91
Type: choice
Source: UKHLS
Text: Choice 91 In this last choice, you will be asked to choose the lottery that you prefer among six different lotteries. The six different lotteries are presented below. You have to select one and only one of these lotteries. Which outcome occurs for each of the six lotteries depends on the roll of a ten-sided die. Each outcome has a 50% chance of occurring depending on the roll. If the roll is 1,2,3,4 or 5 the outcome is 'Low'. If the roll is 6,7,8,9 or 10, the roll is 'High'. Between Lotteries A, B, C, D, E and F, which lottery do you prefer?
| Option | Label |
|---|---|
| 1 | LOTTERY A: Winning £28 if the roll is 'low' (i.e., die roll is 1,2,3,4 or 5), or £28 if the roll is 'high' (i.e., die roll is 6,7,8,9 or 10) |
| 2 | LOTTERY B: Winning £24 if the roll is 'low' (i.e., die roll is 1,2,3,4 or 5), or £36 if the roll is 'high' (i.e., die roll is 6,7,8,9 or 10) |
| 3 | LOTTERY C: Winning £20 if the roll is 'low' (i.e., die roll is 1,2,3,4 or 5), or £44 if the roll is 'high' (i.e., die roll is 6,7,8,9 or 10) |
| 4 | LOTTERY D: Winning £16 if the roll is 'low' (i.e., die roll is 1,2,3,4 or 5), or £52 if the roll is 'high' (i.e., die roll is 6,7,8,9 or 10) |
| 5 | LOTTERY E: Winning £12 if the roll is 'low' (i.e., die roll is 1,2,3,4 or 5), or £60 if the roll is 'high' (i.e., die roll is 6,7,8,9 or 10) |
| 6 | LOTTERY F: Winning £2 if the roll is 'low' (i.e., die roll is 1,2,3,4 or 5), or £70 if the roll is 'high' (i.e., die roll is 6,7,8,9 or 10) |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
- g_choice91 (g_indresp_ip) risk preference choice 91
timeandriskpreference_ip7.drawball
Screen shows ball selection from urn
Type: choice
Source: UKHLS
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if SelPay = 1 (Selection for payment)
and if ff_TRwinw7 = 1 (Respondent is selected for a payout)
timeandriskpreference_ip7.payout0172
Text of payout for items 1 - 72
Type: choice
Source: UKHLS
Interviewer Instruction: PRESS CONTINUE
Text: The question that has been randomly selected is number ff_TRqw7. The question was: Between Option A and Option B, which option do you prefer? OPTION A: Receiving text of OPTION 1 from item CHOICEff_TRqw7 OPTION B: Receiving text of OPTION 2 from item CHOICEff_TRqw7 And you chose CHOICETF
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if SelPay = 1 (Selection for payment)
and if ff_TRwinw7 = 1 (Respondent is selected for a payout)
and if ff_TRqw7 < 73 (Randomly selected question number is less than 73)
timeandriskpreference_ip7.payout7390
Text of payout for items 73-90
Type: choice
Source: UKHLS
Interviewer Instruction: SHOW RESPONDENT THE COMPUTER SCREEN, THEN PRESS CONTINUE
Text: The question that has been randomly selected is number ff_TRqw7. The question was: Between Lottery A and Lottery B, which lottery do you prefer? LOTTERY A: text of item CHOICEff_TRqw7 LOTTERY B: text of item CHOICEff_TRqw7 And you chose CHOICETF
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if SelPay = 1 (Selection for payment)
and if ff_TRwinw7 = 1 (Respondent is selected for a payout)
and if ff_TRqw7 > 72 & ff_TRqw7 < 91 (Randomly selected question number is greater than 72 and less than 91)
timeandriskpreference_ip7.payout91
Text of payout for item 91
Type: choice
Source: UKHLS
Interviewer Instruction: SHOW RESPONDENT THE COMPUTER SCREEN, THEN PRESS CONTINUE
Text: The question that has been randomly selected is number 91. That question is reprinted on the showcard. And you chose CHOICETF
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if SelPay = 1 (Selection for payment)
and if ff_TRwinw7 = 1 (Respondent is selected for a payout)
and if ff_TRqw7 = 91 (Randomly selected question number is 91)
timeandriskpreference_ip7.riskpre
Preamble for risk preference
Type: choice
Source: UKHLS
Text: Next, you will be asked to decide which type of lottery game you would prefer. There is no right or wrong answer. Please work as quickly as possible, we are only interested in your initial reactions. Once you have made all your choices, you could receive a payment. Ten percent of respondents will be randomly selected to win. If you are selected to receive the payment, one of the 91 questions in this section of the interview will be selected at random, and your payment will be calculated based on your answer to that question. The highest amount that you could win is £250. You must complete all 91 items in order to have a chance to win. Unfortunately if you do not continue then you will not have a chance to receive any money. If you are selected to receive the payment, the payment will be arranged at the end of the interview. If you have any questions, you can ask your interviewer now.
| Option | Label |
|---|---|
| 1 | Begin the questions |
| 2 | No thanks, I would rather not answer these questions |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_riskpre (g_indresp_ip) preamble for risk preference
timeandriskpreference_ip7.riskpreb
Review options for answering Time Preference questions
Type: choice
Source: UKHLS
Text: Thank you for answering some of the questions in this section. Unfortunately if you do not continue then you will not have a chance to receive any money. If you now want to continue press "continue", otherwise just return the laptop to the interviewer.
| Option | Label |
|---|---|
| 1 | Continue with the questions |
| 2 | No thanks, I will return the laptop to the interviewer |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 2 & GRIDVARIABLES.ModeType = 1 (Respondent elects not to answer Risk Preference questions and MODE is CAPI)
- g_riskpreb (g_indresp_ip) review options for answering time preference questions
timeandriskpreference_ip7.selpay
Randomised payout indicator
Type: choice
Source: UKHLS
Interviewer Instruction: SHOW RESPONDENT THE COMPUTER SCREEN, THEN PRESS CONTINUE
Text: Thank you for having answered the 91 questions. The option you prefer in each question have been recorded by the system. As explained earlier, you now have a 1 in 10 chance to receive a payment. If you are selected to receive the payment, one of the 91 questions that you just answered will be selected at random, and the payment will be calculated based on your answer to that question. So, first, let's see whether you are selected to receive the payment. The computer will generate a random number between 1 and 10. If the number selected is '1', that is a 1 in 10 chance, you will receive the payment, but if the number selected is any other number you will not receive the payment.
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
timeandriskpreference_ip7.trdie
Text of die roll for lottery
Type: choice
Source: UKHLS
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if SelPay = 1 (Selection for payment)
and if ff_TRwinw7 = 1 (Respondent is selected for a payout)
and if Payout7390 = 1| Payout91 = 1 (Randomly selected question number is between 72 and 91)
timeandriskpreference_ip7.trend
End of Time and Risk Preference questions
Type: number
Source: UKHLS
Interviewer Instruction: ENTER INTERVIEWER NUMBER TO CONTINUE
Text: Thank you for having answered the 91 questions. The options you prefer in each question have been recorded by the system. Please return the laptop to the interviewer.
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if GRIDVARIABLES.ModeType = 1 (MODE is CAPI)
- g_trend (g_indresp_ip) end of time and risk preference questions
timeandriskpreference_ip7.trenda
End of Time Preference questions
Type: number
Source: UKHLS
Interviewer Instruction: ENTER INTERVIEWER NUMBER TO CONTINUE
Text: Please return the laptop to the interviewer.
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 2 & GRIDVARIABLES.ModeType = 1 (Respondent elects not to answer Risk Preference questions and MODE is CAPI)
and if RiskPreB = 2 (Respondent elects not to answer Risk Preference questions a second time)
- g_trenda (g_indresp_ip) end of time preference questions
timeandriskpreference_ip7.trnowin
No payout text
Type: choice
Source: UKHLS
Text: Sorry, unfortunately you have not been selected to receive the payment.
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if SelPay = 1 (Selection for payment)
and if ff_TRwinw7 > 1 (Respondent not selected for a payout)
timeandriskpreference_ip7.trpayout
Lottery payout text
Type: choice
Source: UKHLS
Text: The die roll was ff_TRdw7, that means that you have won amount. I will give you a gift card at the end of the interview that will be loaded with amount in a couple of days time.
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if SelPay = 1 (Selection for payment)
and if ff_TRwinw7 = 1 (Respondent is selected for a payout)
and if ff_TRqw7 > 72 (Randomly selected question number is greater than 72)
timeandriskpreference_ip7.trpre
Time preference preamble
Type: choice
Source: UKHLS
Text: This year, we are again interested in learning more about how people think and make decisions about various aspects of their lives. To do this, we have a set of very brief questions for you to complete yourself on the laptop.To do this, we will ask you a set of very brief questions. At the end, you will again have the chance to win an amount of money. In each question, you will be presented with a choice. There are two sets of questions. First, you will be asked to decide between different amounts of money that you could potentially receive at different points in time. In the second set of questions, you will be asked to decide between types of lottery games that you might prefer to play. In all of these questions, there is no right or wrong answer. Do not spend too much time on any question. Please answer quickly and honestly. Once you have made all your choices, you could receive a payment. Ten percent of respondents will be randomly selected to win. There are 91 questions in this section of the interview in total. If you are selected to receive the payment, one of the 91 questions will be selected at random, and your payment will be calculated based on your answer to that question. The highest amount that you could win is £250. If you are selected to receive the payment, the payment will be arranged at the end of the interview. If you have any questions, you can ask me now.
| Option | Label |
|---|---|
| 1 | Begin the questions |
| 2 | Respondent refuses to answer this set of questions |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
- g_trpre (g_indresp_ip) time preference preamble
timeandriskpreference_ip7.trprei
Interviewer instruction screen
Type: choice
Source: UKHLS
Interviewer Instruction: PRESS CONTINUE, THEN PLEASE TURN LAPTOP AROUND FOR RESPONDENT TO COMPLETE THESE ITEMS ON THEIR OWN.
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if GRIDVARIABLES.ModeType = 1 (MODE is CAPI)
timeandriskpreference_ip7.trwin
Payout text
Type: choice
Source: UKHLS
Interviewer Instruction: SHOW RESPONDENT THE COMPUTER SCREEN, THEN PRESS CONTINUE
Text: Congratulations, you have been selected to receive the payment! Let's now see which question will be selected to calculate the payment. A number between 1 and 91 will be selected at random to choose the question for your payment.
| Option | Label |
|---|---|
| 1 | Continue |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
and if RiskPre = 1|RiskPreB = 1 (Respondent elects to answer Risk Preference questions)
and if SelPay = 1 (Selection for payment)
and if ff_TRwinw7 = 1 (Respondent is selected for a payout)
timeandriskpreference_ip7.choice64
Time preference choice 64
Type: choice
Source: UKHLS
Text: Choice 64 Between Option A and Option B, which option do you prefer?
| Option | Label |
|---|---|
| 1 | OPTION A: Receiving £100 today |
| 2 | OPTION B: Receiving £120 in 12 months |
Universe:
if (GRIDVARIABLES.ModeType = 1|3) & ff_trflag = 1 (MODE is CAPI or web and Time and Risk Preference experiment is administered to respondent)
and if TRPre = 1 (Respondent elects to answer Time Preference questions)
- g_choice64 (g_indresp_ip) time preference choice 64



