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Greater Eldoret Health and Development Survey (Round 2) 2005

Kenya, 2005
Markus Goldstein and Harsha Thirumurthy
Created on June 01, 2022 Last modified June 01, 2022 Page views 396409 Metadata DDI/XML JSON
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  • hhr_correction
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CSV JSON

8C. Vouchers would end up using in year 1 (trp8c)

Data file: timerisk

Overview

Valid: 379
Invalid: 1151
Minimum: 1
Maximum: 98
Mean: 7.356
Standard deviation: 12.66
Type: Continuous
Decimal: 0
Width: 2
Range: 1 - 98
Format: Numeric

Questions and instructions

Literal question
Start by explaining that the next set of questions are meant to learn something about your impatience, and temptation to consume some luxury item. Let us consider the case of vouchers to be used at a nice duka. Suppose that you win 10 vouchers that have a value of 500 KShs each. You can buy anything you want with the vouchers. The vouchers are available for immediate use starting today, and there is an absolute guarantee that they will be available whenever you request them within a two-year window. Once you request a voucher, you must use it within one day. You must request all the vouchers within a two-year period. The questions below concern how many of the vouchers you would ideally like to use in each year, how tempted you would be to depart from this ideal, and what you expect you would actually do in practice.

After having thought about your temptation and how you would actually behave, how many of the vouchers would you end up using in year 1?
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