Block: Economic preferences [Wave 2]

• Element Type: Block

• Block Type: Standard

• Block Name: Economic preferences

Questions In This Block:

Question QID243

Question Type: Descriptive

Question Text:

The following 6 questions will concern amounts of money you may receive in the future. In particular, these questions will concern amounts of money that you may receive after some delay, for example $5 received in 10 days’ time.

Question QID84

Question Type: Matrix

Question Text:

Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
$6.00 in 6 weeks	☐	☐	$3.00 in 5 weeks
$6.00 in 6 weeks	☐	☐	$4.00 in 5 weeks
$6.00 in 6 weeks	☐	☐	$4.50 in 5 weeks
$6.00 in 6 weeks	☐	☐	$5.00 in 5 weeks
$6.00 in 6 weeks	☐	☐	$5.25 in 5 weeks
$6.00 in 6 weeks	☐	☐	$5.50 in 5 weeks
$6.00 in 6 weeks	☐	☐	$5.75 in 5 weeks
$6.00 in 6 weeks	☐	☐	$6.00 in 5 weeks
$6.00 in 6 weeks	☐	☐	$7.00 in 5 weeks

Question QID244

Question Type: Matrix

Question Text:

Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
$8.00 in 7 weeks	☐	☐	$4.00 in 6 weeks
$8.00 in 7 weeks	☐	☐	$5.00 in 6 weeks
$8.00 in 7 weeks	☐	☐	$6.00 in 6 weeks
$8.00 in 7 weeks	☐	☐	$6.50 in 6 weeks
$8.00 in 7 weeks	☐	☐	$7.00 in 6 weeks
$8.00 in 7 weeks	☐	☐	$7.25 in 6 weeks
$8.00 in 7 weeks	☐	☐	$7.50 in 6 weeks
$8.00 in 7 weeks	☐	☐	$7.75 in 6 weeks
$8.00 in 7 weeks	☐	☐	$8.00 in 6 weeks
$8.00 in 7 weeks	☐	☐	$9.00 in 6 weeks

Question QID245

Question Type: Matrix

Question Text:

Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
$10.00 in 7 weeks	☐	☐	$5.00 in 5 weeks
$10.00 in 7 weeks	☐	☐	$6.00 in 5 weeks
$10.00 in 7 weeks	☐	☐	$7.00 in 5 weeks
$10.00 in 7 weeks	☐	☐	$8.00 in 5 weeks
$10.00 in 7 weeks	☐	☐	$8.50 in 5 weeks
$10.00 in 7 weeks	☐	☐	$9.00 in 5 weeks
$10.00 in 7 weeks	☐	☐	$9.25 in 5 weeks
$10.00 in 7 weeks	☐	☐	$9.50 in 5 weeks
$10.00 in 7 weeks	☐	☐	$9.75 in 5 weeks
$10.00 in 7 weeks	☐	☐	$10.00 in 5 weeks
$10.00 in 7 weeks	☐	☐	$11.00 in 5 weeks

Question QID246

Question Type: Matrix

Question Text:

Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
$6.00 in 1 week	☐	☐	$3.00 now
$6.00 in 1 week	☐	☐	$4.00 now
$6.00 in 1 week	☐	☐	$4.50 now
$6.00 in 1 week	☐	☐	$5.00 now
$6.00 in 1 week	☐	☐	$5.25 now
$6.00 in 1 week	☐	☐	$5.50 now
$6.00 in 1 week	☐	☐	$5.75 now
$6.00 in 1 week	☐	☐	$6.00 now
$6.00 in 1 week	☐	☐	$7.00 now

Question QID247

Question Type: Matrix

Question Text:

Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
$8.00 in 1 week	☐	☐	$4.00 now
$8.00 in 1 week	☐	☐	$5.00 now
$8.00 in 1 week	☐	☐	$6.00 now
$8.00 in 1 week	☐	☐	$6.50 now
$8.00 in 1 week	☐	☐	$7.00 now
$8.00 in 1 week	☐	☐	$7.25 now
$8.00 in 1 week	☐	☐	$7.50 now
$8.00 in 1 week	☐	☐	$7.75 now
$8.00 in 1 week	☐	☐	$8.00 now
$8.00 in 1 week	☐	☐	$9.00 now

Question QID248

Question Type: Matrix

Question Text:

Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
$10.00 in 2 weeks	☐	☐	$5.00 now
$10.00 in 2 weeks	☐	☐	$6.00 now
$10.00 in 2 weeks	☐	☐	$7.00 now
$10.00 in 2 weeks	☐	☐	$8.00 now
$10.00 in 2 weeks	☐	☐	$8.50 now
$10.00 in 2 weeks	☐	☐	$9.00 now
$10.00 in 2 weeks	☐	☐	$9.25 now
$10.00 in 2 weeks	☐	☐	$9.50 now
$10.00 in 2 weeks	☐	☐	$9.75 now
$10.00 in 2 weeks	☐	☐	$10.00 now
$10.00 in 2 weeks	☐	☐	$11.00 now

Question QID249

Question Type: Descriptive

Question Text:

In the next few questions, you will be asked to consider various lottery tickets. These lotteries will be represented in the following way: This lottery ticket has a 60% chance of winning $5 and a 40% chance of winning $3. This is just an illustration, click next to move to the next question.

Question QID250

Question Type: Matrix

Question Text:

In this question, the LOTTERY is a 50% chance of winning $6 and a 50% chance of winning $0. Suppose you are given the option to exchange this lottery for certain amounts of money. Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
Lottery	☐	☐	$0.50
Lottery	☐	☐	$1.00
Lottery	☐	☐	$1.25
Lottery	☐	☐	$1.50
Lottery	☐	☐	$1.75
Lottery	☐	☐	$2.00
Lottery	☐	☐	$2.25
Lottery	☐	☐	$2.50
Lottery	☐	☐	$2.75
Lottery	☐	☐	$3.00
Lottery	☐	☐	$3.25
Lottery	☐	☐	$3.50
Lottery	☐	☐	$4.00
Lottery	☐	☐	$5.00

Question QID251

Question Type: Matrix

Question Text:

In this question, the LOTTERY is a 50% chance of winning $8 and a 50% chance of winning $2. Suppose you are given the option to exchange this lottery for certain amounts of money. Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
Lottery	☐	☐	$2.50
Lottery	☐	☐	$3.00
Lottery	☐	☐	$3.25
Lottery	☐	☐	$3.50
Lottery	☐	☐	$3.75
Lottery	☐	☐	$4.00
Lottery	☐	☐	$4.25
Lottery	☐	☐	$4.50
Lottery	☐	☐	$4.75
Lottery	☐	☐	$5.00
Lottery	☐	☐	$5.25
Lottery	☐	☐	$5.50
Lottery	☐	☐	$6.00
Lottery	☐	☐	$7.00

Question QID252

Question Type: Matrix

Question Text:

In this question, the LOTTERY is a 50% chance of winning $10 and a 50% chance of winning $0. Suppose you are given the option to exchange this lottery for certain amounts of money. Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
Lottery	☐	☐	$2.50
Lottery	☐	☐	$3.00
Lottery	☐	☐	$3.25
Lottery	☐	☐	$3.50
Lottery	☐	☐	$3.75
Lottery	☐	☐	$4.00
Lottery	☐	☐	$4.25
Lottery	☐	☐	$4.50
Lottery	☐	☐	$4.75
Lottery	☐	☐	$5.00
Lottery	☐	☐	$5.25
Lottery	☐	☐	$5.50
Lottery	☐	☐	$6.00
Lottery	☐	☐	$7.00

Question QID276

Question Type: Matrix

Question Text:

In this question, the LOTTERY is a 50% chance of LOSING $6 (as indicated by the minus sign before $6) and a 50% chance of winning $0. Suppose you are given the option to exchange this lottery for certain amounts of money. The alternative also involves losing money, as indicated by the minus sign. Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
Lottery	☐	☐	-$5.50
Lottery	☐	☐	-$5.00
Lottery	☐	☐	-$4.75
Lottery	☐	☐	-$4.50
Lottery	☐	☐	-$4.25
Lottery	☐	☐	-$4.00
Lottery	☐	☐	-$3.75
Lottery	☐	☐	-$3.50
Lottery	☐	☐	-$3.25
Lottery	☐	☐	-$3.00
Lottery	☐	☐	-$2.75
Lottery	☐	☐	-$2.50
Lottery	☐	☐	-$2.00
Lottery	☐	☐	-$1.00

Question QID277

Question Type: Matrix

Question Text:

In this question, the LOTTERY is a 50% chance of LOSING $8 and a 50% chance of LOSING $2 (as indicated by the minus sign before $8 and $2). Suppose you are given the option to exchange this lottery for certain amounts of money. The alternative also involves losing money, as indicated by the minus sign. Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
Lottery	☐	☐	-$7.50
Lottery	☐	☐	-$7.00
Lottery	☐	☐	-$6.75
Lottery	☐	☐	-$6.50
Lottery	☐	☐	-$6.25
Lottery	☐	☐	-$6.00
Lottery	☐	☐	-$5.75
Lottery	☐	☐	-$5.50
Lottery	☐	☐	-$5.25
Lottery	☐	☐	-$5.00
Lottery	☐	☐	-$4.75
Lottery	☐	☐	-$4.50
Lottery	☐	☐	-$4.00
Lottery	☐	☐	-$3.00

Question QID278

Question Type: Matrix

Question Text:

In this question, the LOTTERY is a 50% chance of LOSING $10 (as indicated by the minus sign before $10) and a 50% chance of winning $0. Suppose you are given the option to exchange this lottery for certain amounts of money. The alternative also involves losing money, as indicated by the minus sign. Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left stays the same while the option on the right gets better as one goes down the list. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
Lottery	☐	☐	-$7.50
Lottery	☐	☐	-$7.00
Lottery	☐	☐	-$6.75
Lottery	☐	☐	-$6.50
Lottery	☐	☐	-$6.25
Lottery	☐	☐	-$6.00
Lottery	☐	☐	-$5.75
Lottery	☐	☐	-$5.50
Lottery	☐	☐	-$5.25
Lottery	☐	☐	-$5.00
Lottery	☐	☐	-$4.75
Lottery	☐	☐	-$4.50
Lottery	☐	☐	-$4.00
Lottery	☐	☐	-$3.00

Question QID279

Question Type: Matrix

Question Text:

In this question, the LOTTERY is a 50% chance of LOSING $8 (as indicated by the minus sign before $8) and a 50% chance of winning a value x. Suppose you are given the option to exchange this lottery for the certainty of winning $0. Please choose between the following options. For each line in the list, you must choose between the option on the left and the option on the right. Note that on each line, the option on the left gets better as one goes down the list while the option on the right stays the same. You can select the option you would prefer receiving by clicking on the button next to that option.

On one side	1	2	On the other side
Lottery with x=$7.00	☐	☐	$0
Lottery with x=$8.00	☐	☐	$0
Lottery with x=$9.00	☐	☐	$0
Lottery with x=$10.00	☐	☐	$0
Lottery with x=$11.00	☐	☐	$0
Lottery with x=$12.00	☐	☐	$0
Lottery with x=$13.00	☐	☐	$0
Lottery with x=$14.00	☐	☐	$0
Lottery with x=$15.00	☐	☐	$0
Lottery with x=$16.00	☐	☐	$0
Lottery with x=$17.00	☐	☐	$0
Lottery with x=$18.00	☐	☐	$0
Lottery with x=$19.00	☐	☐	$0
Lottery with x=$20.00	☐	☐	$0

Question QID117

Question Type: Multiple Choice

Question Text:

Suppose you were given $5 and had to decide how much of this money to keep for yourself and how much to send to another (anonymous) person. Any amount you send to the other person would then be tripled. That is, if you send $1, this becomes $3. If you send $2, this becomes $6, etc. Then, the other person would have to decide how much of that money to keep and how much to return to you. That is, if you send $1, this would become $3 and the other person would have to decide how much of this $3 to keep for themself and how much to send back to you. In this scenario, how much would keep for yourself and how much would you send to the other person?

Options:

• I would keep $0 for myself and send $5 to the other person.

• I would keep $1 for myself and send $4 to the other person.

• I would keep $2 for myself and send $3 to the other person.

• I would keep $3 for myself and send $2 to the other person.

• I would keep $4 for myself and send $1 to the other person.

• I would keep $5 for myself and send $0 to the other person.

Question QID118

Question Type: Multiple Choice

Question Text:

Suppose now that you are playing this game as the other person, i.e., the receiver. For each amount that you may receive, how much would you keep for yourself and how much would send back to the other person? If the person sends me $5 (which would become $15):

Options:

• I would keep $0 for myself and send $15 to the other person.

• I would keep $1 for myself and send $14 to the other person.

• I would keep $2 for myself and send $13 to the other person.

• I would keep $3 for myself and send $12 to the other person.

• I would keep $4 for myself and send $11 to the other person.

• I would keep $5 for myself and send $10 to the other person.

• I would keep $6 for myself and send $9 to the other person.

• I would keep $7 for myself and send $8 to the other person.

• I would keep $8 for myself and send $7 to the other person.

• I would keep $9 for myself and send $6 to the other person.

• I would keep $10 for myself and send $5 to the other person.

• I would keep $11 for myself and send $4 to the other person.

• I would keep $12 for myself and send $3 to the other person.

• I would keep $13 for myself and send $2 to the other person.

• I would keep $14 for myself and send $1 to the other person.

• I would keep $15 for myself and send $0 to the other person.

Question QID119

Question Type: Multiple Choice

Question Text:

If the person sends me $4 (which would become $12):

Options:

• I would keep $0 for myself and send $12 to the other person.

• I would keep $1 for myself and send $11 to the other person.

• I would keep $2 for myself and send $10 to the other person.

• I would keep $3 for myself and send $9 to the other person.

• I would keep $4 for myself and send $8 to the other person.

• I would keep $5 for myself and send $7 to the other person.

• I would keep $6 for myself and send $6 to the other person.

• I would keep $7 for myself and send $5 to the other person.

• I would keep $8 for myself and send $4 to the other person.

• I would keep $9 for myself and send $3 to the other person.

• I would keep $10 for myself and send $2 to the other person.

• I would keep $11 for myself and send $1 to the other person.

• I would keep $12 for myself and send $0 to the other person.

Question QID120

Question Type: Multiple Choice

Question Text:

If the person sends me $3 (which would become $9):

Options:

• I would keep $0 for myself and send $9 to the other person.

• I would keep $1 for myself and send $8 to the other person.

• I would keep $2 for myself and send $7 to the other person.

• I would keep $3 for myself and send $6 to the other person.

• I would keep $4 for myself and send $5 to the other person.

• I would keep $5 for myself and send $4 to the other person.

• I would keep $6 for myself and send $3 to the other person.

• I would keep $7 for myself and send $2 to the other person.

• I would keep $8 for myself and send $1 to the other person.

• I would keep $9 for myself and send $0 to the other person.

Question QID121

Question Type: Multiple Choice

Question Text:

If the person sends me $2 (which would become $6):

Options:

• I would keep $0 for myself and send $6 to the other person.

• I would keep $1 for myself and send $5 to the other person.

• I would keep $2 for myself and send $4 to the other person.

• I would keep $3 for myself and send $3 to the other person.

• I would keep $4 for myself and send $2 to the other person.

• I would keep $5 for myself and send $1 to the other person.

• I would keep $6 for myself and send $0 to the other person.

Question QID122

Question Type: Multiple Choice

Question Text:

If the person sends me $1 (which would become $3):

Options:

• I would keep $0 for myself and send $3 to the other person.

• I would keep $1 for myself and send $2 to the other person.

• I would keep $2 for myself and send $1 to the other person.

• I would keep $3 for myself and send $0 to the other person.

Question QID271

Question Type: Text Entry

Question Text:

We are now interested in what you were thinking about while deciding how much of the money to keep for yourself and how much to send to another (anonymous) person, and when deciding how much would you keep for yourself and how much would send back to the other person. Any thought is fine; simply list what it was that you were thinking about while answering the questions. Below, please write down the first thought that you had in the first box, the second thought you had in the second box, etc. Please write only one idea per box. You should try to write only the thoughts that you were thinking during the task. Please state your thoughts concisely…one phrase is sufficient. Ignore spelling, grammar, and punctuation. Please be completely honest and list all of thoughts that you had. Don’t worry if you don’t fill every space. Just write down whatever thoughts you had while making the decision. First, please list the thoughts you had when deciding how much of the money to keep for yourself and how much to send to another (anonymous) person:

Question QID272

Question Type: Text Entry

Question Text:

Second, please list the thoughts you had when deciding how much would you keep for yourself and how much would send back to the other person: