This page presents the data used in

[01.1] Bleichrodt, Han, Jose Luis Pinto, & Peter P. Wakker (2001), "Making Descriptive Use of Prospect Theory to Improve Prescriptive Applications of Expected Utility," Management Science 47, 1498-1514.

Printing this file

When printed, the data come out best in nonproportional fonts such as Courier.

Stimuli

See the paper.

Participants

The participants are numbered P1, P2, ..., etc. Two participants refused to make tradeoffs, their data are not given here (see p. 1507 of the paper). Participant 44 was not used in the analysis either (see p. 1507). His/her data are given separately, after the experimental data.

Codebook

The symbols x0 - x6, CE(0.10), CE(0.25), CE(0.50), CE(0.75), CE(0.90), and p1 - p5 are as in Bleichrodt, Pinto, & Wakker (2001). Each case (= participant) consists of four records (= lines). Numbers indicate positions in lines. 
 
 Record 1: 2-3: Participants number
           6-7: Which came first, CE or PE (see paper p. 1506).
 Record 2: Gives the TO observations.
           6-7: x0
           14-15: x1
           22-23: x2
           30-31: x3
           38-39: x4
           46-47: x5
           54-55: x6
 Record 3: Gives the CE observations.
           6-7: CE(0.10) 
           14-15: CE(0.25)
           22-23:  CE(0.50)
           30-31:  CE(0.75)
           38-39:  CE(0.90)
 Record 4: Gives the PE observations.
           6-11: p1 
           14-19: p2
           22-27: p3
           30-35: p4
           38-43: p5

The Data Used in the Analyses of the Paper 

 01  PE
     00      01      05      10      17      25      30
     01      03      04      07      10
     0.8000  0.9000  0.9500  0.9800  0.9900
 02  CE
     00      02      05      10      17      22      28
     02      07      10      13      17
     0.4000  0.6000  0.7000  0.8500  0.9800
 03  PE
     00      07      13      20      28      35      45
     05      10      18      28      36
     0.1000  0.2500  0.4000  0.6000  0.9000
 04  CE
     00      02      04      06      08      10      13
     02      07      10      20      30
     0.2500  0.3500  0.4500  0.5500  0.8000
 05  PE
     00      05      10      18      23      30      37
     08      13      20      26      33
     0.4000  0.4500  0.5000  0.6000  0.9500
 06  CE
     00      02      05      08      14      20      30
     05      12      20      30      36
     0.1000  0.2000  0.4000  0.6000  0.9000
 07  CE
     00      03      06      11      17      24      32
     01      02      10      24      28
     0.7000  0.8000  0.9000  0.9800  0.9990
 08  PE
     00      01      03      06      10      15      20
     04      07      15      23      28
     0.6000  0.7000  0.8500  0.9500  0.9990
 09  PE
     00      02      06      10      14      19      24
     02      05      15      20      27
     0.8000  0.9500  0.9900  0.9990  0.9999
 10  PE
     00      02      05      08      12      16      23
     10      15      22      30      39
     0.1000  0.2500  0.4500  0.8000  0.9900
 11  CE
     00      01      03      05      08      11      15
     02      04      05      11      30
     0.1500  0.3000  0.3500  0.6000  0.9000
 12  PE
     00      03      08      13      19      24      29
     05      17      25      30      35
     0.7700  0.8500  0.9000  0.9500  0.9900
 13  PE
     00      03      05      08      11      15      20
     02      07      09      15      20
     0.7000  0.7500  0.8000  0.9000  0.9900
 14  CE
     00      01      04      07      10      15      25
     03      05      12      18      24
     0.7500  0.8000  0.9000  0.9600  0.9990
 15  CE
     00      03      07      10      15      22      28
     03      05      12      18      24
     0.4500  0.5000  0.5500  0.9000  0.9700
 16  CE
     00      05      12      15      20      23      25
     05      07      10      20      34
     0.3000  0.4500  0.5500  0.7000  0.9000
 17  CE
     00      01      02      03      05      08      11
     04      05      06      07      8
     0.9000  0.9500  0.9600  0.9900  0.9990
 18  PE
     00      02      04      08      14      20      27
     04      08      18      28      35
     0.5000  0.6500  0.7500  0.8000  0.9500
 19  CE
     00      01      02      04      06      08      10
     05      09      10      19      28
     0.1000  0.2500  0.4000  0.7500  0.9500
 20  PE
     00      02      04      07      11      15      20
     10      20      25      30      35
     0.5000  0.6500  0.7000  0.8500  0.9500
 21  CE
     00      02      05      07      10      12      15
     15      17      20      31      38
     0.1000  0.3000  0.6000  0.8000  0.9500
 22  PE
     00      04      09      15      21      28      35
     03      05      10      19      31
     0.3000  0.6000  0.7500  0.8700  0.9800
 23  CE
     00      03      06      10      14      18      23
     05      08      13      25      30
     0.1000  0.1500  0.2000  0.4000  0.9000
 24  CE
     00      02      05      08      12      17      23
     02      08      10      20      35
     0.6000  0.7000  0.8000  0.9000  0.9500
 25  PE
     00      04      08      13      19      24      30
     04      08      12      18      25
     0.5000  0.7000  0.8000  0.9500  0.9999
 26  PE
     00      02      05      08      12      17      22
     01      05      10      15      20
     0.2000  0.6000  0.8000  0.9000  0.9500
 27  PE
     00      02      04      07      13      18      23
     03      06      10      25      35
     0.1500  0.3000  0.6000  0.9000  0.9900
 28  PE
     00      03      05      07      12      16      24
     03      06      13      20      28
     0.1500  0.2500  0.4000  0.9000  0.9900
 29  CE
     00      03      06      10      15      21      28
     03      08      13      20      26
     0.2500  0.4200  0.6500  0.9500  0.9990
 30  CE
     00      04      06      09      14      20      30
     10      15      20      25      34
     0.1000  0.3000  0.6000  0.8000  0.9500
 31  CE
     00      02      04      07      12      16      20
     05      08      12      27      32
     0.8000  0.8500  0.9300  0.9900  0.9990
 32  PE
     00      01      03      06      09      12      15
     03      08      12      22      30
     0.6000  0.7000  0.7500  0.8500  0.9500
 33  PE
     00      03      06      12      17      21      27
     02      06      13      22      26
     0.3000  0.6000  0.7000  0.9500  0.9990
 34  PE
     00      02      05      10      18      25      30
     08      13      25      28      36
     0.2000  0.6000  0.7000  0.8000  0.9800
 35  PE
     00      02      06      09      15      22      30
     05      08      15      21      30
     0.6000  0.8000  0.8500  0.9000  0.9900
 36  CE
     00      01      02      04      07      12      15
     05      10      14      20      33
     0.2000  0.2500  0.4000  0.5500  0.8500
 37  CE
     00      03      05      07      10      14      19
     02      05      15      20      30
     0.4500  0.6000  0.7000  0.8500  0.9500
 38  CE
     00      03      06      10      15      20      25
     03      06      08      11      15
     0.1200  0.3000  0.5000  0.9000  0.9900
 39  CE
     00      01      03      06      10      15      20
     04      07      10      14      30
     0.3500  0.4500  0.6500  0.7500  0.9000
 40  PE
     00      02      05      08      11      15      20
     07      12      22      30      37
     0.4000  0.5000  0.6500  0.9000  0.9900
 41  CE
     00      01      03      05      07      10      15
     05      08      12      25      34
     0.1000  0.2000  0.3000  0.5000  0.7000
 42  PE
     00      01      03      05      08      11      15
     05      10      15      30      35
     0.3500  0.6000  0.7500  0.9000  0.9500
 43  PE
     00      02      04      07      10      13      18
     08      10      15      17      20
     0.7000  0.8000  0.8500  0.9000  0.9990
 45  CE
     00      03      06      10      14      19      24
     04      10      15      22      31
     0.2500  0.4000  0.7500  0.9000  0.9900
 46  PE
     00      02      04      07      10      13      17
     05      10      12      25      35
     0.2000  0.5000  0.7000  0.8000  0.9000
 47  CE
     00      02      05      08      12      16      21
     03      04      05      06      15
     0.8500  0.9000  0.9500  0.9800  0.9990
 48  CE
     00      01      02      03      04      06      08
     05      08      12      17      30
     0.6000  0.7000  0.7500  0.8500  0.9500
 49  PE
     00      03      06      09      12      15      19
     04      06      09      16      25
     0.6000  0.8000  0.9000  0.9500  0.9990

The Data of Participant 44 (not Used in the Paper). 


 44  CE
     00      10      20      30      40      50      60
     04      10      20      30      36
     0.1200  0.2500  0.3700  0.6200  0.8700