Here is the data set of:
van de Kuilen, Gijs, & Peter P. Wakker (2011) “The Midweight Method to Measure Attitudes toward Risk and Ambiguity,”
Management Science 57, 582-598.
1 The data for Section 4, on risk
1.1 Codebook for risk
Each case (= participant) consists of three lines. The four entries on each first line indicate the following:
- Participant's number;
- Economics student? (Yes/No);
- Age;
- Gender (Male/Female).
The six numbers on each second line indicate the following:
- The first measurement of x1;
- The second measurement of x1;
- The resulting average measurement of x1;
- The first measurement of x2;
- The second measurement of x2;
- The resulting average measurement of x2.
Finally, the five numbers on each third line indicate the following:
- The first measurement of w-1(1/8);
- The second measurement of w-1(1/4);
- The resulting average measurement of w-1(1/2);
- The first measurement of w-1(3/4);
- The second measurement of w-1(7/8).
1.2 The data for risk
1 Y 21 M
109.50 97.50 103.50 120.00 120.00 120.00
0.670 0.700 0.810 0.950 0.990
2 N 24 M
103.50 151.50 127.50 210.00 216.00 213.00
0.005 0.010 0.040 0.780 0.810
3 N 19 F
154.50 154.50 154.50 249.00 249.00 249.00
0.005 0.010 0.380 0.390 0.400
4 N 19 F
97.50 88.50 93.00 130.50 127.50 129.00
0.200 0.290 0.380 0.430 0.700
5 N 23 F
88.50 94.50 91.50 141.00 141.00 141.00
0.200 0.350 0.590 0.830 0.840
6 Y 19 M
109.50 94.50 102.00 136.50 130.50 133.50
0.290 0.450 0.620 0.800 0.890
7 Y 23 F
130.50 109.50 120.00 157.50 157.50 157.50
0.340 0.350 0.480 0.980 0.990
8 Y 22 F
115.50 64.50 90.00 160.50 157.50 159.00
0.080 0.380 0.410 0.870 0.950
9 Y 25 F
121.50 85.50 103.50 120.00 141.00 130.50
0.140 0.310 0.650 0.890 0.990
10 N 23 F
79.50 70.50 75.00 88.50 100.50 94.50
0.580 0.780 0.810 0.920 0.970
11 Y 21 M
109.50 97.50 103.50 120.00 126.00 123.00
0.230 0.300 0.560 0.900 0.990
12 Y 20 M
109.50 97.50 103.50 177.00 162.00 169.50
0.110 0.210 0.440 0.680 0.810
13 N 22 F
85.50 82.50 84.00 100.50 100.50 100.50
0.200 0.550 0.740 0.810 0.920
14 Y 18 M
154.50 154.50 154.50 201.00 201.00 201.00
0.470 0.590 0.680 0.790 0.880
15 N 24 M
70.50 70.50 70.50 81.00 81.00 81.00
0.860 0.920 0.930 0.980 0.990
16 N 24 M
97.50 100.50 99.00 145.50 121.50 133.50
0.400 0.550 0.680 0.810 0.900
17 Y 25 F
97.50 112.50 105.00 127.50 139.50 133.50
0.090 0.200 0.900 0.960 0.970
18 Y 23 M
82.50 82.50 82.50 120.00 126.00 123.00
0.150 0.320 0.480 0.560 0.590
19 N 19 F
109.50 118.50 114.00 139.50 133.50 136.50
0.730 0.870 0.930 0.980 0.990
20 Y 20 M
106.50 108.50 103.50 186.00 198.00 192.00
0.290 0.380 0.480 0.710 0.910
21 Y 20 M
79.50 73.50 76.50 81.00 84.00 82.50
0.220 0.350 0.680 0.850 0.880
22 N 21 F
67.50 67.50 67.50 78.00 78.00 78.00
0.100 0.130 0.350 0.420 0.670
23 Y 24 M
91.50 91.50 91.50 126.00 129.00 127.50
0.190 0.320 0.560 0.700 0.860
24 Y 21 M
64.50 139.50 102.00 172.50 172.50 172.50
0.210 0.300 0.620 0.800 0.890
25 N 19 F
103.50 100.50 102.00 163.50 175.50 169.50
0.350 0.510 0.620 0.950 0.990
26 N 19 F
85.50 64.50 75.00 79.50 88.50 84.00
0.330 0.740 0.770 0.800 0.990
27 Y 20 M
91.50 91.50 91.50 123.00 126.00 124.50
0.100 0.230 0.480 0.720 0.890
28 Y 20 M
139.50 139.50 139.50 189.00 189.00 189.00
0.590 0.730 0.810 0.970 0.990
29 N 23 F
70.50 76.50 73.50 84.00 87.00 85.50
0.540 0.610 0.710 0.940 0.980
30 Y 21 F
88.50 88.50 88.50 117.00 120.00 118.50
0.490 0.700 0.810 0.890 0.930
31 N 26 M
70.50 97.50 84.00 160.50 160.50 160.50
0.150 0.220 0.350 0.550 0.620
32 N 20 F
136.50 136.50 136.50 204.00 192.00 198.00
0.005 0.010 0.230 0.830 0.840
33 Y 25 M
88.50 91.50 90.00 121.50 118.50 120.00
0.370 0.470 0.520 0.770 0.800
34 Y 20 F
112.50 112.50 112.50 186.00 186.00 180.00
0.440 0.490 0.620 0.840 0.930
35 N 19 F
70.50 70.50 70.50 87.00 87.00 87.00
0.320 0.380 0.520 0.580 0.650
36 N 19 M
154.50 154.50 154.50 189.00 249.00 219.00
0.010 0.090 0.160 0.840 0.870
37 Y 20 M
73.50 73.50 73.50 99.00 99.00 99.00
0.240 0.490 0.680 0.710 0.800
38 N 18 F
112.50 109.50 111.00 127.50 121.50 124.50
0.540 0.610 0.680 0.810 0.940
39 Y 20 M
70.50 70.50 70.50 90.00 99.00 94.50
0.100 0.150 0.320 0.390 0.440
40 Y 30 Y
73.50 73.50 73.50 87.00 87.00 87.00
0.520 0.600 0.770 0.780 0.850
41 Y 20 M
97.50 82.50 90.00 109.50 100.50 105.00
0.780 0.840 0.900 0.940 0.990
42 N 21 F
91.50 97.50 94.50 120.00 111.00 115.50
0.580 0.610 0.710 0.810 0.830
43 Y 22 M
91.50 94.50 93.00 124.50 124.50 124.50
0.280 0.430 0.620 0.900 0.990
44 Y 25 F
127.50 142.50 135.00 163.50 190.50 177.00
0.520 0.610 0.710 0.860 0.910
45 Y 18 M
88.50 109.50 99.00 136.50 133.50 135.00
0.520 0.600 0.740 0.880 0.950
46 N 23 F
88.50 88.50 88.50 111.00 114.00 112.50
0.710 0.780 0.900 0.960 0.990
47 N 19 F
94.50 103.50 99.00 193.50 193.50 193.50
0.270 0.350 0.480 0.550 0.610
48 N 22 M
76.50 76.50 76.50 87.00 93.00 90.00
0.110 0.210 0.560 0.660 0.780
49 Y 19 M
100.50 91.50 96.00 127.50 118.50 123.00
0.210 0.370 0.680 0.890 0.950
50 N 23 M
76.50 76.50 76.50 96.00 96.00 96.00
0.140 0.240 0.410 0.630 0.740
51 N 21 F
109.50 79.50 94.50 120.00 147.00 133.50
0.660 0.730 0.810 0.870 0.920
52 Y 19 M
109.50 100.50 105.00 148.50 139.50 144.00
0.600 0.670 0.740 0.950 0.990
53 Y 24 M
85.50 73.50 79.50 99.00 99.00 99.00
0.070 0.210 0.520 0.890 0.950
54 Y 18 M
85.50 79.50 82.50 99.00 108.00 103.50
0.810 0.840 0.870 0.940 0.950
55 N 19 M
67.50 76.50 72.00 88.50 88.50 88.50
0.270 0.570 0.710 0.890 0.950
56 N 25 M
133.50 76.50 105.00 115.50 115.50 115.50
0.600 0.690 0.740 0.810 0.990
57 Y 20 M
70.50 70.50 70.50 81.00 84.00 82.50
0.090 0.120 0.740 0.880 0.950
58 N 18 F
118.50 112.50 115.50 132.00 132.00 132.00
0.430 0.470 0.480 0.750 0.910
59 N 21 M
82.50 79.50 81.00 94.50 100.50 97.50
0.430 0.530 0.680 0.890 0.930
60 N 24 M
88.50 85.50 87.00 124.50 121.50 123.00
0.080 0.180 0.380 0.630 0.790
61 N 22 M
76.50 76.50 76.50 90.00 93.00 91.50
0.080 0.150 0.380 0.700 0.860
62 Y 18 F
79.50 79.50 79.50 99.00 99.00 99.00
0.360 0.430 0.620 0.750 0.890
63 Y 20 M
94.50 94.50 94.50 123.00 123.00 123.00
0.560 0.650 0.810 0.870 0.920
64 N 22 M
70.50 73.50 72.00 88.50 88.50 88.50
0.130 0.290 0.480 0.680 0.770