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Studies

Dohmen et al. (2005): study DE

Publication

Author(s):
Dohmen, T.; Falk, A.; Huffman, D.
Title:
Individual Risk Attitudes: New Evidence from a Large, Representative, Experimentally-Validated Survey
Source:
IZA Discussion Paper no. 1730, 2005, Germany

Investigation

Public:
17+ aged, general public, Germany, 2004
Survey name:
DE-SOEP 2004
Sample:
Probability multi-stage random
Respondents:
N = 22019
Non Response:
Assessment:
Interview: face-to-face

Happiness Measure(s) and Distributional Findings

Full text:
Selfreport 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
Classification:
O-SLW-c-sq-n-11-d
Page in publication:
29

Correlational Findings

Author's label Subject Description Finding Willingness to take risks in general Risk minded Positive amount invested in hypothetical asset Attitudes to own involvement in gambling
Risk minded
Risk attitudes in specific contexts Risk minded