Questionnaire Public Report 11/28/2012 05:54:08 PM Cohort: National Longitudinal Survey of Youth 1979 Round: NLSY79 Round 25 Instrument : R25 Youth Main Field
1. #### Risk

 RISK_LINT [] Section: Risk

{lint_rd}==24

If Answer = 1 Then Go To
RETIRE_EXP_P2_CHK2

 Default Next: RISK_1

 RISK_1 [] Section: Risk

Suppose that you are the only income earner in the family, and that you have to choose between two new jobs. The first job would guarantee your current total family income for life. The second job is possibly better paying, but the income is also less certain. There is a 50-50 chance the second job would increase your total lifetime income by 20 percent and a 50-50 change that is would cut it by 10 percent.

Which job would you take: the first job or the second job?

 1   First job   ...(Go To RISK_3) 2   Second job   ...(Go To RISK_2)

 Default Next: RISK_4 Lead-In: RISK_LINT [Default]

 RISK_2 [] Section: Risk

Suppose the chances were 50-50 that the second job would increase your total lifetime income by 20 percent, and 50-50 that it would cut it by 15 percent.

Would you take the first job or the second job?

 1   First job 2   Second job

 Default Next: RISK_4 Lead-In: RISK_1 [2:2]

 RISK_3 [] Section: Risk

Suppose the chances were 50-50 that the second job would increase your total lifetime income by 20 percent, and 50-50 that it would cut it by five percent.

Would you take the first job or the second job?

 1   First job 2   Second job

 Default Next: RISK_4 Lead-In: RISK_1 [1:1]

 RISK_4 [] Section: Risk

Are you generally a person who is fully prepared to take risks or do you try to avoid taking risks? Rate yourself from 0 to 10, where 0 means “unwilling to take any risks” and 10 means “fully prepared to take risks.”

 Enter Number:

 Default Next: RISK_5 Lead-In: RISK_1 [Default], RISK_2 [Default], RISK_3 [Default]

 RISK_5 [] Section: Risk

People can behave differently in different situations. How would you rate your willingness to take risks in the following areas? For each situation, rate your willingness from 0 to 10, where 0 means “unwilling to take any risks” and 10 means “fully prepared to take risks.”

 - ...While driving? - ...In financial matters? - ...In your occupation? - ...With your health? - ...In your faith in other people? - ...In your romantic relationships? - ...In making major life changes?
 0   0 1   1 2   2 3   3 4   4 5   5 6   6 7   7 8   8 9   9 10   10

 RISK_5H [] Section: Risk

In placing “fair” bets where, for example, you have a 50-50 chance of winning \$20 and a 50-50 chance of losing \$10?

 Enter Number:

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