Time preference choice 25
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:
timeandriskpreference_ip7.choice25
Question label:
Time preference choice 25
Question text:
Choice 25 Between Option A and Option B, which option do you prefer?
Question 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)
Further details:
For further details about this question, please see the questionnaires
| Value label | Value | Absolute frequency | Relative frequency |
|---|---|---|---|
| inapplicable | -8 | 1819 | 75.38% |
| proxy | -7 | 76 | 3.15% |
| OPTION A: Receiving £100 in 1 month | 1 | 468 | 19.39% |
| OPTION B: Receiving £105 in 13 months | 2 | 50 | 2.07% |
| Total | 2413 | 100.0% |
| Mean | Number Missing | Min | Max | Std Dev | N |
|---|---|---|---|---|---|
| 1.1 | 1895 | 1.0 | 2.0 | 0.3 | 518 |
| Value label | Value | Absolute frequency | Relative frequency |
|---|---|---|---|
| inapplicable | -8 | 1316 | 61.24% |
| proxy | -7 | 125 | 5.82% |
| refusal | -2 | 1 | 0.05% |
| OPTION A: Receiving £100 in 1 month | 1 | 614 | 28.57% |
| OPTION B: Receiving £105 in 13 months | 2 | 93 | 4.33% |
| Total | 2149 | 100.0% |
| Mean | Number Missing | Min | Max | Std Dev | N |
|---|---|---|---|---|---|
| 1.13 | 1442 | 1.0 | 2.0 | 0.34 | 707 |
