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STEP Skills Measurement Household Survey 2012 (Wave 1)

Lao PDR, 2012
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Reference ID
LAO_2012_STEP-HH_v02_M
Producer(s)
World Bank
Metadata
DDI/XML JSON
Study website
Created on
Sep 05, 2014
Last modified
Mar 29, 2019
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Get $120 for sure or flip a coin for $0 or $360 (m6b_q01)

Data file: STEP Laos_working

Overview

Valid: 2844
Invalid: 1
Maximum: 2
Type: Discrete
Decimal: 0
Start: 983
End: 983
Width: 1
Range: -
Format:

Questions and instructions

Literal question
Module 6: Personality, Behavior and Preferences, Part B: Preferences

1) Imagine that you have a choice between the following two options:
Option 1 – Receive 500,000 KIP for sure, or
Option 2 – Flip a coin and receive 0 if it's tails or 1,500,000 KIP if it's heads.

Which option would you take?
Categories
Value Category
1 Option 1 (TAKE THE SURE MONEY)
2 Option 2 (FLIP THE COIN)
Sysmiss
Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.
Question post text
If "Option 2 (FLIP THE COIN)", GOTO Q3
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