Findings on happiness in Dohmen et al. (2005): study DE

Author(s)Dohmen, T.; Falk, A.; Huffman, D.
TitleIndividual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey
SourceIZA Discussion Paper no. 1730, 2005, Germany
Public17+ aged, general public, Germany, 2004
Collect period2004
Survey nameDE-SOEP 2004
SampleProbability multi-stage random
Respondents N =22019
 11803 different households
Non ResponseNot available
AssesmentInterview: face-to-face
Happiness measure(s) used
Full textSelfreport on single question: Taking all things together, how satisfied are you with your life these days? Please answer with the help of this scale. For instance, when you are totally satisfied with your life, please tick '10'. When you are totally unsatisfied with your life, please tick '0'. You may use all values in between to indicate that you are neither totally satisfied nor totally unsatisfied." 10 totally satisfied 9 8 7 6 5 4 3 2 1 0 totally unsatisfied
Page in publication29
Finding used in
nation ranks

Correlational findings

Author's labelSubject Code
Subject description
Positive amount invested in hypothetical assetL18acAttitudes to own involvement in gambling
Positive amount invested in hypothetical assetP05coRisk minded, also classified as above ↑
Risk attitudes in specific contextsP05coRisk minded
Willingness to take risks in generalP05coRisk minded