[Japan] 2009 Preference Parameters Study of Osaka University

1.

Thinking about when you were a child and you were given an assignment in school, when did you usually do theassignment? (X ONE Box)
1 □ Got it done right away
4 □ Tended to get it done toward the end
2 □ Tended to get it done early, before the due date5 □ Got it done at the last minute3 □ Worked on it daily up until the due date2.

Thinking about when you were a child and you were given an assignment in school, when did you plan to do yourassignment? (X ONE Box)
1 □ I planned to get it done right away
4 □ I planned to get it done rather toward the end
2 □ I planned to get it done rather early, before the due date 5 □ I planned to get it done at the last minute3 □ I planned to work on it daily up until the due date6 □ I didn't make any plans

3.

As a child, what types of incentives did you use in order to finish your homework correctly? (X All that apply)
1 □ I did my homework with my friends and made it a competition to see who could do a better job
2 □ I asked my parents to give me a reward for completing my homework
3 □ I put a homework schedule in a place where I would see it
4 □ I tried to sit at my desk at the same time each day
5 □ I used other creative methods for completing my homework
6 □ I did not follow any specific regimen

1.

How true for you are each of the following statements? Answer for each on a scale from 1 to 5, where ”1” means it isparticularly true for you and ”5” means it doesn't hold true at all for you. (X ONE Box For EACH)

My daily life is fulfilling...........................................................................
As a child I often got hurt ………………………………………………….
Once I get used to a higher standard of living, it is very hard to lower it.
I prefer to get my work done before pleasure.......................................
I enjoy competing with others……………………………………………..
If I have work that needs to be completed in one day,I always finish it that day ………………………………………………..
If I have work that can wait to be done tomorrow,
I wait until tomorrow to do it ……………………………………………..
I know a lot about sports.......................................................................
Even if I make plans, I end up procrastinating .....................................
If there is something that I want, I need to buy it ..................................
I always plan things before I actually do them ......................................
I will never be robbed ............................................................................
I plan to spend a lot of money or make purchases
for expensive items in the future..........................................................
I don’t sit in a priority seat because I want to offer it to others ..............
I don’t feel uncomfortable borrowing money .........................................
When I’m not sure about the outcome of a situation,
I usually expect the best result ...........................................................
I think I am good-looking ......................................................................
I am too busy to think of the future ......................................................
I have my hands full with my life and am
not able to save much money. ............................................................
No matter how angry I get, I don’t shout at others ...............................
I never cut into a line of people ............................................................
I have anxieties about my health .........................................................
I am deeply religious ...........................................................................
When I am faced with a problem, I usually act before I think ..............
I’ve been feeling stressed lately ..........................................................
I’ve been feeling depressed lately.......................................................
I haven’t been sleeping well lately ......................................................
I’ve been feeling lonely lately ..............................................................
I know a lot about economics ..............................................................
I am popular with members of the opposite sex........................................
During third year in junior high school, I was a fast short distancerunner for my grade ……………………………………………………...
During third year in junior high school, I was a fast long distancerunner for my grade ……………………………………………………...
I want to leave my children as much of my inheritance as possible ....
I want to leave my spouse as much of my inheritance as possible .....

□
□
1□
1□
1□

□
□
2□
2□
2□

□
□
3□
3□
3□

□
□
4□
4□
4□

□
□
5□
5□
5□

1

2

3

4

5

1

2

3

4

5

□

2

□

3

□

4

□

5

1

□
□
1□
1□
1□
1□

□
□
2□
2□
2□
2□

□
□
3□
3□
3□
3□

□
□
4□
4□
4□
4□

□

□
□
5□
5□
5□
5□

1

2

3

4

5

1

2

3

4

5

□
□
1□

□
□
2□

□
□
3□

□
□
4□

□
□
5□

1

2

3

4

5

1

2

3

4

5

□
□
1□

□
□
2□

□
□
3□

□
□
4□

□
□
5□

1

2

3

4

5

1

2

3

4

5

□
□
1□
1□
1□
1□
1□
1□
1□
1□
1□
1□

□
□
2□
2□
2□
2□
2□
2□
2□
2□
2□
2□

□
□
3□
3□
3□
3□
3□
3□
3□
3□
3□
3□

□
□
4□
4□
4□
4□
4□
4□
4□
4□
4□
4□

□
□
5□
5□
5□
5□
5□
5□
5□
5□
5□
5□

1

2

3

4

5

1

2

3

4

5

□

2

□

3

□

4

□

5

1

□
□
1□

□
□
2□

□
□
3□

□
□
4□

□

□
□
5□

1

2

3

4

5

1

2

3

4

5

[Japan] 2009 Preference Parameters Study of Osaka University

5.

To what extent do you agree with each of the following statements? Answer on a scale from 1 to 5, where 1”means you agree completely and 5” means you disagree completely. Of course, you may choose any number
in between. (X ONE Box For EACH)

It is disgraceful to think of money............................................................
Since the future is uncertain, it is a waste to think about it .....................
Laws must be followed even if they are bad laws....................................
As long as you won’t get caught it is okay to do something really bad....
When competition is greater, illegal activity and cheating
increase..................................................................................................
It is the government’s responsibility to take care of those who
cannot take care of themselves financially.............................................
People shouldn't gamble ......................................................................
Saving money is the objective of life.......................................................
Spiritual beings such as God, Buddha, angels and ghosts are real
God is watching and sees all bad deeds ................................................
I feel happy when I do a good deed that I think benefits others(such as picking up litter in a public park)........................

6.

□
□
2□
2□

□
□
3□
3□

□
□
4□
4□

□
□
5□
5□

2

3

4

5

1

2

3

4

5

□

2

□

3

□

4

□

5

1

□
□
1□
1□
1□

□
□
2□
2□
2□

□
□
3□
3□
3□

□
□
4□
4□
4□

□

□
□
5□
5□
5□

1

2

3

4

5

1

2

3

4

5

□

2

□

3

□

4

□

5

1

□

Let's assume you have two options to receive some money.
You may choose Option “A”, to receive 10,000 Yen in two days from today; or Option “B”, to receive a different amount innine days from today. Compare the amounts and timing in Option “A” with Option “B” and indicate which amount you
would prefer to receive for each of the 8 choices.
Option “A”
Receiving
In 2 Days¥10,000¥10,000¥10,000¥10,000¥10,000¥10,000¥10,000¥10,000

6.1.

□
□
1□
1□
1

Option “B”

orReceiving
In 9 Days¥9,981¥10,000¥10,019¥10,038¥10,096¥10,191¥10,383¥10,574

IncludesAn AnnualInterest
Rate Of:
-10%
0%
10%
20%
50%
100%
200%
300%

Which ONE do you prefer?
(X ONE Box For EACH Row)
Option “A”
1□
1□
1□
1□
1□
1□
1□
1□

Option “B”
2□
2□
2□
2□
2□
2□
2□
2□

If you chose Option "A" for all the answers in Question 6, please answer this question.
What is the lowest amount you would want to receive in 9 days from today if you would choose Option "B"?
If the amount for Option "B" is more than _____ _____ _____ Yen, I would choose Option "B"(Write In Amount)

6.2.

If you chose Option "B" for all the answers in Question 6, please answer this question.
What is the most you would receive in 9 days from today if you would choose Option "A"?
If the amount for Option "B" is less than _____ _____ Yen, I would choose Option "A".
(Write In Amount)7.

Let's assume you have two options to receive some money. You may choose Option “A”, to receive 10,000 Yen in 90
days from today; or Option “B”, to receive a different amount in 97 days from today. Compare the amounts and timing
in Option “A” with Option “B” and indicate which amount you would prefer to receive for each of the 8 choices.

¥10,000¥10,000¥10,000¥10,000¥10,000¥10,000¥10,000¥10,000
7.1.

¥9,981¥10,000¥10,019¥10,038¥10,096¥10,191¥10,383¥10,574

-10%
0%
10%
20%
50%
100%
200%
300%

□
□
1□
1□
1□
1□
1□
1□

□
□
2□
2□
2□
2□
2□
2□

1

2

1

2

If you chose Option "A" for all the answers in Question 7, please answer this question.
What is the lowest amount you could receive in 97 days from today under Option “B” that induce you tochoose Option "B"?
If the amount for Option "B" is more than _____ _____ _____ , I would choose Option "B"(Write In Amount)2

[Japan] 2009 Preference Parameters Study of Osaka University

7.2.

If you chose Option "B" for all the answers in Question 7, please answer this question.
What is the most amount you could receive in 97 days from today under Option “B” that induce you tochoose Option "A"?
If the amount for Option "B" is less than _____ _____ Yen, I would choose Option "A".
(Write In Amount)8.

Now let's assume that you have the option to receive 10,000 Yen in one month from today or receive a different amountin thirteen months from today. Compare the amounts and timing in Option “A” with Option “B” and indicate which amount
you would prefer to receive for each of the 8 choices.

¥10,000¥10,000¥10,000¥10,000¥10,000¥10,000¥10,000¥10,000
8.1.

¥9,500¥10,000¥10,200¥10,400¥10,600¥11,000¥12,000¥14,000

-5%
0%
2%
4%
6%
10%
20%
40%

□
□
1□
1□
1□
1□
1□
1□

□
□
2□
2□
2□
2□
2□
2□

1

2

1

2

If you chose Option "A" for all the answers in Question 8, please answer this question.
What is the lowest amount you could receive in 13 months from today under Option “B” that induce you tochoose Option "B"?
If the amount for Option "B" is more than _____ _____ _____ Yen, I would choose Option "B"(Write In Amount)

8.2.

If you chose Option "B" for all the answers in Question 8, please answer this question.
What is the most amount you could receive in 13 months from today under Option “B” that induce you tochoose Option "A"?
If the amount for Option "B" is less than _____ _____ Yen, I would choose Option "A".
(Write In Amount)9.

Now let's assume that you have the option to receive 1,000,000 Yen in one month from today or receive a different
amount in thirteen months from today. Compare the amounts and timing in Option “A” with Option “B” and indicate whichamount you would prefer to receive for each of the 8 choices.

¥1,000,000¥1,000,000¥1,000,000¥1,000,000¥1,000,000¥1,000,000¥1,000,000¥1,000,000
9.1.

¥950,000¥1,000,000¥1,001,000¥1,005,000¥1,010,000¥1,020,000¥1,060,000¥1,100,000

-5%
0%
0.1%
0.5%
1%
2%
6%
10%

□
□
1□
1□
1□
1□
1□
1□

□
□
2□
2□
2□
2□
2□
2□

1

2

1

2

If you chose Option "A" for all the answers in Question 9, please answer this question.
What is the lowest amount you could receive in 13 months from today under Option “B” that induce you tochoose Option "B"?
If the amount for Option "B" is more than _____ _____ _____ Yen, I would choose Option "B"(Write In Amount)

9.2.

If you chose Option "B" for all the answers in Question 9, please answer this question.
What is the most amount you could receive in 13 months from today under Option “B” that induce you tochoose Option "A"?
If the amount for Option "B" is less than _____ _____ Yen, I would choose Option "A".
(Write In Amount)3

[Japan] 2009 Preference Parameters Study of Osaka University

10.

Now let's assume that you have the option to pay 1,000,000 Yen in one month from today or pay a different amount inthirteen months from today. Compare the amounts and timing in Option “A” with Option “B” and indicate which amount
you would prefer to receive for each of the 8 choices.

¥1,000,000¥1,000,000¥1,000,000¥1,000,000¥1,000,000¥1,000,000¥1,000,000¥1,000,000
10.1.

¥950,000¥1,000,000¥1,001,000¥1,005,000¥1,010,000¥1,020,000¥1,060,000¥1,100,000

-5%
0%
0.1%
0.5%
1%
2%
6%
10%

□
□
1□
1□
1□
1□
1□
1□

□
□
2□
2□
2□
2□
2□
2□

1

2

1

2

If you chose Option "A" for all the answers in Question 10, please answer this question.
What is the lowest amount you could receive in 13 months from today under Option “B” that induce you tochoose Option "B"?
If the amount for Option "B" is more than _____ _____ _____ Yen, I would choose Option "B"(Write In Amount)

10.2.

If you chose Option "B" for all the answers in Question 10, please answer this question.
What is the most amount you could receive in 13 months from today under Option “B” that induce you tochoose Option "A"?
If the amount for Option "B" is less than _____ _____ Yen, I would choose Option "A".
(Write In Amount)

11.

Let’s assume that you are required to spend time cleaning a park. You need to spend two hours this Sunday (=2 days fromtoday) and next Sunday (=9 days from today). It seems that the litter in the park will decrease more than expected, so thenumber of hours you need to clean will be less. To account for this change, you have the option to shorten the hours by
one hour this Sunday or shorten some hours next Sunday. Compare the hours and timing below in Option “A” with Option“B” and indicate for each row which option you prefer.
Option “A”(Shorten
today)

Option “B”
or

1 hour
1 hour
1 hour
1 hour
1 hour
1 hour
1 hour
1 hour12.

Which ONE do you prefer?
(X ONE Box For EACH Row)

(Shorten
7 days fromtoday)

Option “A”

50 minutes
1 hour
1 hour 2 minutes
1 hour 5 minutes
1 hour 10 minutes
1 hour 15 minutes
1 hour 30 minutes
2 hours

□
□
1□
1□
1□
1□
1□
1□

Option “B”
□
□
2□
2□
2□
2□
2□
2□

1

2

1

2

Let’s assume that you are required to spend time cleaning a park. You need to spend two hours on a Sunday, 90 days
from today and also 97 days from today. It seems that the litter in the park will decrease more than expected, so thenumber of hours you need to clean will be less. To account for this change, you have the option to shorten the hours by
one hour this Sunday or shorten some hours next Sunday. Compare the hours and timing below in Option “A” with Option“B” and indicate for each row which option you prefer.
Option “A”

Option “B”(Shorten 90
days fromtoday)(Shorten
97 days fromtoday)

1 hour
1 hour
1 hour
1 hour
1 hour
1 hour
1 hour
1 hourorWhich ONE do you prefer?
(X ONE Box For EACH Row)
Option “A”

50 minutes
1 hour
1 hour 2 minutes
1 hour 5 minutes
1 hour 10 minutes
1 hour 15 minutes
1 hour 30 minutes
2 hours

□
□
1□
1□
1□
1□
1□
1□

4

Option “B”
□
□
2□
2□
2□
2□
2□
2□

1

2

1

2

[Japan] 2009 Preference Parameters Study of Osaka University

13.

Let’s assume that you are required to spend time cleaning a park. You need to spend two hours this Sunday (=2 days
from today) and next Sunday (=9 days from today). It seems that the litter in the park will decrease more than expected,
so the number of hours you need to clean will be less. To account for this change, you have the option to shorten thehours by one hour this Sunday or shorten some hours next Sunday. Compare the hours and timing below in Option “A”
with Option “B” and indicate for each row which option you prefer.
Option “A”

Option “B”(Increase
today)(Increase
7 days fromtoday)

1 hour
1 hour
1 hour
1 hour
1 hour
1 hour
1 hour
1 hour14.

orWhich ONE do you prefer?
(X ONE Box For EACH Row)
Option “A”

40 minutes
50 minutes
1 hour
1 hour 5 minutes
1 hour 10 minutes
1 hour 20 minutes
1 hour 30 minutes
2 hours

□
□
1□
1□
1□
1□
1□
1□

Option “B”
□
□
2□
2□
2□
2□
2□
2□

1

2

1

2

In which of the following two ways would you prefer to receive your monthly income? Assume that your job
assignment is the same for each scenario. If you are a dependent (e.g. student, housewife, etc.) and not working, pleaseanswer based on your monthly income being your actual living expenses.(X ONE Box)

□

1

14a.

□

1

□

2

Your monthly income has a 50% chance of doubling, but also
has a 50% chance of decreasing by 30%  (Answer Q. 14a)

or

□

2

14b.

Of the following two jobs, which would you prefer? (X ONE
Box)
A job that has a 50% chance of the monthly income doubling,
but also a 50% chance of the monthly income being cut in half
A job for which your monthly income is guaranteed to increaseby 5%Your monthly income is guaranteed to increase by 5% (Answer Q. 14b)
Of the following two jobs, which would you prefer? (X ONE
Box)

1

□

A job that has a 50% chance of the monthly income doubling,
but also a 50% chance of the monthly income decreasing by
10%□

A job for which your monthly income is guaranteed to increase
by 5%

2

15.

In which of the following two ways would you prefer to receive your monthly income? Assume that your job assignmentis the same for each scenario. If you are a dependent (e.g. student, housewife, etc.) and not working please answer
based
on your monthly income being your actual living expenses. (X ONE Box)

□

1

15a.

Your monthly income has a 50% chance of increasing by 60%,
but also has a 50% chance of decreasing by 10%  (Answer
Q. 15a)Of the following two jobs, which would you prefer? (X ONE
Box)

or

□

2

15b.

Your monthly income is guaranteed to increase by 5% (Answer Q. 15b)

Of the following two jobs, which would you prefer? (X ONE
Box)

1

□

A job that has a 50% chance of the monthly income increasing
by 30%, but also a 50% chance of the monthly income
decreasing by 10%

1□

A job that has a 50% chance of the monthly income increasing
by 200%, but also a 50% chance of the monthly income
decreasing by 10%□

A job for which your monthly income is guaranteed to increase
by 5%

2

□

A job for which your monthly income is guaranteed to increase
by 5%

2

16.

Suppose that you have saved an amount that is double that of your annual household income and that you must
spend the full amount within two years. You have no other income. Look at each of the annual interest rates listed
below and indicate in which year you would spend more money. Please answer taking into account that the balance ofthe first year can generate interest. (X ONE Box For EACH Interest Rate)
Interest Rate:
Spend More Money In The FIRST Year
Spend More Money In The SECOND Year
0% ……………………
1□
2□
2% ……………………
1□
2□
4% ……………………
1□
2□
6% ……………………
1□
2□
8% ……………………
1□
2□
10% …………………..
1□
2□

5

[Japan] 2009 Preference Parameters Study of Osaka University

17.

Let's assume there is a lottery with a 50% chance of winning 20,000 Yen and a 50% chance of winning nothing. If thelottery ticket is sold for 2,000 Yen, would you purchase a ticket? (X ONE Box)
1 □ I would purchase a ticket→ (Continue)
2 □ I wouldn't purchase a ticket→ (Skip To Q. 17b)

17a.

What is the most you would pay to purchase the lottery ticket mentioned in Q.17? (Write in)
I would pay up to _____ _____Yen. → (Skip To Q.18)

17b.

If the price of the lottery ticket mentioned in Q.17 was lowered, at what amount would you purchase a ticket?
(Write in)
I would purchase if the price is lowered to _____ _____Yen.

18.

Let's assume there is a lottery with a 1% chance of winning 1,000,000 Yen and a 99% chance of winning nothing. if
lottery ticket is sold for 2,000 Yen would you purchase a ticket? (X ONE Box)
1 □ I would purchase a ticket → (Continue)
2 □ I wouldn't purchase a ticket → (Skip To Q. 18b)

18a.

What is the most you would pay to purchase the lottery ticket mentioned in Q.18? (Write in)
I would pay up to _____ _____ _____Yen.  (Skip To Q. 19)

18b.

If the price of the lottery ticket mentioned in Q.18 was lowered, at what amount would you purchase a ticket?
(Write in)
I would purchase if the price is lowered to _____ _____Yen.

19.

Let’s assume you have a lottery ticket with a 50% chance of winning 20,000 Yen and a 50% chance of winning nothing. If
you win, you can receive the prize money immediately. If there is someone willing to buy this ticket from you for 2,000
Yen, would you sell it or would you keep it knowing you have a chance to win the 200,00 Yen prize? (X ONE Box)
1 □ I would sell the ticket for 2,000 Yen → (Continue)
2 □ I would take a chance on winning the 20,000 Yen and keep the ticket instead of selling it for 2,000 Yen→ (Skip To Q. 19b)

19a.

What is the lowest amount you would sell this lottery ticket mentioned in Q.19? (Write in)
I would sell if the price is _____ _____Yen. →(Skip To Q. 20)

19b.

If you can sell the ticket mentioned in Q.19 at higher price, at what amount would you sell the ticket? (Write in)
I would sell if the price is _____ _____Yen.

20.

Let’s assume you have a lottery ticket with a 50% chance of winning 20,000 Yen and a 50% chance of winning nothing.
Even if you win, you can only receive the prize money one week from now. You can either keep the lottery ticket yourself
or you can sell it for cash immediately. If there is someone willing to buy this ticket from you right now for 2,000 Yen,
would you sell it or would you keep it knowing you have a chance to win the 20,000 Yen prize one week later? (X ONE
Box)
1 □ I would sell the ticket for 2,000 Yen (You will receive the money immediately.) (Continue)
2 □ I would take a chance on winning the 20,000 Yen and keep the ticket instead of selling it for 2,000 Yen→ (Skip To Q. 20b)
What is the lowest price at which you would sell the lottery ticket mentioned in Q.20? (Write in)
I would sell if the price is _____ _____Yen.  (Skip To Q. 21)

20a.

20b.

If you can sell the ticket mentioned in Q.20 at higher price, at what amount would you sell the ticket? (Write in)
I would sell if the price is _____ _____ _____Yen.

21.

Let’s assume you have a lottery ticket with a 50% chance of winning 20,000 Yen and a 50% chance of winning nothing.
Even if you win, you can only receive the prize money one month from now. You can either keep the lottery ticket yourself
or you can sell it for cash immediately. If there is someone willing to buy this ticket from you right now for 2,000 Yen,
would you sell it or would you keep it knowing you have a chance to win the 2,000 Yen prize one month later?
(X ONE Box)
1 □ I would sell the ticket for 2,000 Yen (You will receive the money immediately.) (Continue)
2 □ I would take a chance on winning the 20,000 Yen and keep the ticket instead of selling it for 2,000 Yen(Even if you win, you can only receive the money one month later.) (Skip To Q. 21b)

21a.

What is the lowest price at which you would sell the lottery ticket mentioned in Q.21? (Write in)
I would sell if the price is _____ _____Yen. (Skip To Q. 22)

21b.

If you could sell the ticket mentioned in Q.21 at higher price, at what amount would you sell the ticket? (Write in)
I would sell if the price is _____ _____ Yen. (Skip To Q. 22)

22.

Assume that you know there is a 50% chance of having a loss of 20,000 Yen. You can pay 2,000 Yen for insurance tocover this amount in case of the loss. Would you take out this insurance? (X ONE Box)
1 □ I would take out the insurance for 2,000 Yen →(Continue)
2 □ I would not take out the insurance for 2,000 Yen →(Skip To Q. 22b)6

[Japan] 2009 Preference Parameters Study of Osaka University

22a.

22b.

What is the most you would pay to buy the insurance mentioned in Q. 22? (Write in)
I would take out this insurance up to _____ _____ _____Yen.  (Skip To Q.23)

If the price of the insurance mentioned in Q.22 is lowered to less than 2,000 Yen, at what price would you buy the
insurance? (Write in)
I would buy the insurance if the price is lowered to _____ _____Yen.

23.

Assume that you know a lottery in which there is a 50% chance of winning 20,000 Yen and a 50% chance of losing
10,000 Yen. You can choose whether to take this lottery ticket or not. In this case, would you take this lottery ticket?
(X ONE Box)
1 □ I would take the lottery ticket →(Continue)
2 □ I wouldn’t take the lottery ticket →(Skip To Q. 23b)

23a.

What is the most you would risk losing and still take the lottery ticket mentioned in Q.23? (Write in amount)
I would take the lottery ticket up to the loss of _¥____ _____ _____.→ (Skip To Q.24 )23b.

If the amount you could lose on the ticket mentioned in Q.23 is lowered to less than 10,000 Yen, how much would you be
willing to lose and still take the ticket?
I would take the lottery ticket if the loss is lowered to ¥_____ _____.

24.

Overall, how happy would you say you are currently? Using a scale from 0 - 10 where “10” is “very happy” and “0”is “very unhappy”, how would you rate you current level of happiness? (X ONE Box)
Very Happy
Very Unhappy
10 □
09 □
08 □
07 □
06 □
05 □
04 □
03 □
02 □
01 □
00 □

25.

Compared to 2 or 3 year ago, do you think that you are happier now than you were then ?(X ONE Box)
1 □Happier than 2 or 3 years ago
2 □About the same as 2 or 3 years ago
3 □Less happy than 2 or 3 years ago
4 □Don't know

26.

Usually, when you go out, how high does the probability of rain have to be before you take an umbrella?
(Write In)
More than: _____ _____ %27.

As the proverb says, “Nothing ventured, nothing gained,” there is a way of thinking that in order to achieve results, youneed to take risks. On the other hand, as another proverb says, “A wise man never courts danger,” meaning that you
should avoid risks as much as possible. Which way of thinking is closest to the way you think? On a scale of 0 – 10, with“10” being completely in agreement with the thinking “Nothing ventured, nothing gained”, and “0” being completely
in agreement with the thinking “A wise man never courts danger”, please rate your behavioral pattern. (X ONE Box)
Nothing Ventured,
A Wise Man Never
Nothing Gained
Courts Danger
10 □
09 □
08 □
07 □
06 □
05 □
04 □
03 □
02 □
01 □
00 □

28.

In which kind of town do you prefer to live, where the people are richer than you or the people are poorer than you?
Assume these two towns have the same degree of safety and convenience. (X ONE Box)
1 □Live in a town where the people are much richer than you.
2 □Live in a town where the people are slightly richer than you
3 □Live in a town where the people have the same standard of living as you.
4 □Live in a town where the people are slightly poorer than you.
5 □Live in a town where the people are much poorer than you.
6 □Either town is OK

29.

Please identify whether each statement below is True or False? (Write True or False for each)() If you borrow 1,000,000 Yen for five years at a compound annual rate of interest of 5 percent, the total interest you
will have to pay is 250,000 Yen.
(
) The Yen can be said to have weakened relative to the dollar when the exchange rate goes from 100 yen per
dollar to 90 yen per dollar.
() Formation of a stock company requires minimum 1,000,000 Yen() Saving will not necessarily increase when the interest rate increases.
() The unemployment rate is defined as the proportion of the population aged 15 or older that is not working.
() Wages will increase when the employer's share of Social Security taxes increases.

7

[Japan] 2009 Preference Parameters Study of Osaka University

30.

How does your standard of living compare with that of the people around you? (X ONE Box)
□Theirs is much lower than mine.
2 □Theirs is somewhat lower than mine.
3 □Theirs is about the same as mine.
4 □Theirs is somewhat higher than mine.
5 □Theirs is much higher than mine.
130a.

In Q. 30, with who’s standard of living did you compare your own? (X ONE Box)
01 □Neighbor
02 □Classmates of your school days
03 □Relatives
04 □Families of your children’s classmates
05 □Person at work in your company who is in your age group, has similar academic background, or
person who has started working in the same year
06 □Person at work in your company who is assigned with similar job as you are, regardless of their age,academic background, year in which one joined a company.
07 □Person working in another company in the same business who belongs to the same age group, has similar
academic background, or person who has started working in the same year
08 □Person working in another company in the same business who is assigned with similar job as you are, regardless of
their age, academic background, year in which one joined a company
09 □Average people in the Japan
10 □Average people in the world
11 □Friend or acquaintance excluding above choices
12 □Others (Specify): _________________________
13 □I don’t know

31.

For the purpose of this question, please assume that your parents are both living and that you do not live with them.
Suppose that your parents had only one-third as much family income per person to live on as you do. How much of yourown family income per month would you be willing to give to your parents to help them out until things changed (possibly
a few years)? (X ONE Box)
1 □Up to 2 % of your family income per month2 □Up to 5 % of your family income per month
3 □Up to 10 % of your family income per month
4 □Up to 20 % of your family income per month
5 □No help at all

32.

For the purpose of this question, please assume that you have a child and that your child does not live with you. Supposethat your child had only one-third as much family income per person to live on as you do. How much of your own family
income per month would you be willing to give to your child to help out until things changed (possibly a few years)?
(X ONE Box)
1 □Up to 2 % of your family income per month2 □Up to 5 % of your family income per month
3 □Up to 10 % of your family income per month
4 □Up to 20 % of your family income per month
5 □No help at all33.

Suppose that you found a well-known charity that gave financial help to people who typically had about one-fifth of yourfamily income per person. Up to how much of your own family income per month would you be willing to give the charity if
you knew the money would go directly to benefit these people?
(X ONE Box)
1 □Up to 2 % of your family income per month2 □Up to 5 % of your family income per month
3 □Up to 10 % of your family income per month
4 □Up to 20 % of your family income per month
5 □No help at all

34.

Imagine that you have a 2-year old child that has a high fever and is in pain. The doctor who you trust tells you that the
fever and the pain are harmless. There is a medicine that you could give your child that would cure the sickness, butwould slightly weaken your child’s immune system when he/she turns 50 years old. What would you do? (X ONE Box)
1 □I would give the medicine to the child if the sickness is known to last for one day.
2 □I would give the medicine to the child if the sickness is known to last for two days.
3 □I would give the medicine to the child if the sickness is known to last for one week.
4 □I would give the medicine to the child if the sickness is known to last for one month.
5 □I would not give the medicine to the child.

8[Japan] 2009 Preference Parameters Study of Osaka University

35.

Imagine that you have a 16-year old child who has been working at a restaurant for one month. He/she has been working
to earn money to buy a concert ticket and you agree that he/she should work. Your child gets fired and asks you to help
out by giving him/her one tenth of the money needed for the concert ticket. The tickets will be sold out if you do notprovide the money. What would you do in this situation?
(X ONE Box)
1 □I would provide the money regardless of the reason why the child got fired.
2 □I would provide the money if the child is not at fault for being fired.
3 □I would not provide the money because it is not good for my child.
4 □I would not provide the money because it will be a waste of money.

36.

Please identify whether each statement below is True or False? (Write True or False for each)() Tiger Woods has already achieved the grand slam in men’s golf in the same calendar year.
() Brazil became the champion of the 2006 FIFA World Cup held in Germany.
() In the Beijing 2008 Olympic Games, a Swede won the gold medal in Women’s Pole Vaulting.
() In the Beijing 2008 Olympic Games, an American won the gold medal in Men’s 100m Track and Field.
() Japan became the first champion of the World Baseball Classics.
() The world record time for the women’s marathon is 2 hours and 15 minutes.

Section 2 - The following questions are about you.
1.
Your gender: 1 □ Male 2 □ Female2.

Do you currently have a spouse? (X ONE Box)
1 □ I have a spouse (husband or wife, including common-law marriage) (Continue)
2 □ I don't have a spouse  (Skip To Q. 3)

2a.

When did you marry your current spouse? (Write In #)Month _____ _____ Year _____ _____ _____ _____ or when I was _____ _____ years old

3.

Have you ever experienced a death of your spouse or experienced a divorce or a separation? (X ONE Box)
□I've experienced a divorce or a separation
2 □I've experienced a death of my spouse
3 □I've experienced both a divorce/separation and a death of my spouse
4 □I've experienced neither
What is your height and weight? (Write In #)Height: ____________________ cm,
Weight: _______________ kg
1

4.

Please answer the following questions (if you don’t have a spouse, just answer about yourself)
5.

What is your dominant hand at present and from birth? (X ONE Box Under EACH)
At Present
Dominants Hand
Right-hand ......................................................................
1 □Left-hand ........................................................................
2 □3 □Able to use both hand with equal skill ..........................

From Birth
1 □
2 □
3 □

Please answer the following questions for you and your spouse (if applicable)
6.

When were you born? (Write In Number for Month and Year)
Your yourself: Month _____ _____ Year _____ _____ _____ _____Your spouse: Month _____ _____ Year _____ _____ _____ _____

7.

How many brothers and sisters did you have when you were 15 years old? (Write In Number For EACH)
Older brothers ..................._______
Younger brothers ..................._______
Older sisters ..................._______
Younger sisters ..................._______

8.

How many brothers and sisters do you have now who are alive? (Write In Number For EACH)
You:
Older brothers ..................._______
Younger brothers ..................._______
Older sisters ..................._______
Younger sisters ..................._______Your spouse: Older brothers ..................._______
Younger brothers ..................._______
Older sisters ..................._______
Younger sisters ..................._______

9[Japan] 2009 Preference Parameters Study of Osaka University

9.

Please indicate the highest level of education (or equivalent) completed by you and your spouse. If you are still in school,“X” the one you are in now. (X ONE Box For EACH)
Yourself
Your Spouse
Grade school...........................................................................................
1 □1 □Some High School ...................................................................................
2 □2 □Graduated High School ............................................................................
3 □3 □Some College (2 year) - no degree ................................................................. 4 □4 □Graduated College - Associate's Degree (2 year) ..................................
5 □5 □Some College (4 year) - no degree
6 □6 □Graduated College - Bachelor's Degree (4 year) ...................................
7 □7 □Some post graduate studies - no degree ...............................................
8 □8 □Masters Degree - MS, MA, MBA, etc. ....................................................
9 □9 □Some Doctoral studies - no degree
10 □
10 □
Doctoral Degree - DVM, Ph.D, DDS, etc. ...............................................
11 □
11 □

10.

Before entering first grade, what kinds of childcare service did you and your spouse receive? Please X theservices you have received for each age.

11.

About how many hours per week do you and your spouse usually work including overtime work? If you don’t workoutside the home, X “don’t work”. If you don’t have a spouse, X “no spouse” and if your spouse doesn’t work outside thehome, X “doesn’t work”. (Write In A Number For EACH Row)(Write In Number For EACH Row)
You→_______________ hours per week- x□ Don’t work
Your spouse→_______________ hours per week
+ 0□ No spouse- 1□ Doesn’t work

11a.

About how many hours per week in paid overtime do you and your spouse work? (Write in a number for each row) If youor your spouse do not work overtime, please leave the answer blank.
You→_______________ hours per week- x□ Don’t work
Your spouse→_______________ hours per week
+ 0□ No spouse- 1□ Doesn’t work

11b.

About how many hours per week in unpaid overtime do you and your spouse work? (Write in a number for each row. If
you or your spouse do not work overtime please leave the answer blank.
You→_______________ hours per week- x□ Don’t work
Your spouse→_______________ hours per week
+ 0□ No spouse- 1□ Doesn’t work

Please answer if you don’t work.
11c.
If you were working, what do you estimate you would be making per hour? (Write In)$_____ _____ _____ per hour

12.

About how many days in a year do you and your spouse work? If you don’t work outside the home,
X “don’t work”. If you don’t have a spouse, X “no spouse” and if your spouse doesn’t work outside the home, X “doesn’twork”. (Write In Number In For EACH Row)
You
→ _______________ days in a year
- x□ Don’t work
Your spouse → _______________ days in a year
+ 0□ No spouse- 1□ Doesn’t work

13.

To what age do you and your spouse plan to work? If you are already retired, write in your age at the time of retirement.
If you haven’t worked outside the home, X “haven’t worked”. If you don’t have a spouse, X “no spouse” and if
your spouse hasn’t worked outside the home, X “hasn’t worked”.
(X ONE Box And Write In Number In For EACH Row)
You
→ _______________ years old:- x□ Haven’t worked
Your spouse → _______________ years old:
+ 0□ No spouse- 1□ Hasn’t worked

10[Japan] 2009 Preference Parameters Study of Osaka University

14

14a.

What are your and your spouse’s occupations? (X ONE Box For EACH)
You→ _______________Your spouse → _______________
01 □Office and administrative support
02 □Sales and related occupations
03 □Managerial occupations (section chief or superior positions at government or private company)04 □Specialist/Technical Experts (Teacher, Medical Doctor, Engineer, Writer)
05 □Service occupations (Hairdresser, Hall staff, Receptionist, Taxi driver, Security staff)
06 □Industrial occupations (carpenter, service engineer, production worker)
07 □Farming, fishing, and forestry
08 □Housewife/Househusband(Part-time worker)
09 □Housewife/Househusband(unemployed)
10 □Student
11 □Retired (except Housewife/Househusband)
12 □Unemployed (except Housewife/Househusband)
13 □Others (Specify)
If you answer 1 to 8 for yourself and your spouse for Q.14, please continue. Otherwise, skip to Q. 15
What is your type of employment?
(Write In Number)
1.
Company employee/Organization staff
2.
Government employee
3.
Businessman/Director
4.
Self-employed5.
Family business employee (in self-employed business)

14b.

What is your employment status? (Write In Number)
1.
Full-time employee
2.
Part-time employee
3.
Student part-time employee
4.
Temporary work (sent to a company from a temporary job agency, internship, specific project for a company, etc.)
5.
Contract worker
6.
Other (Specify):

14c.

In the past two years, what kind of registered temporary employment have you taken? Write in Number that best
describes the type of work.
1.
Mostly jobs lasting one day
2.
Mostly jobs lasting two to less than ten days
3.
Mostly jobs lasting ten days to less than three months
4.
Mostly jobs lasting three months or more
5.
I did not take any registered temporary employment

14d.

How many years have you been working for your present company? (Write In Number)
1.
Less than a year2.
A year to less than 5 years
3.
5 years to less than 10 years
4.
10 years to less than 20 years
5.
20 years to less than 30 years
6.
30 years to less than 40 years
7.
More than 40 years

14e.

Approximately how many employees work for the company/office where you work? Answer the approximate number
including all the head office, branch offices, branch stores, sales offices and factories. If you work for a governmentorganization, select "Government employee." (Write in Number)
1.
1 to 5 people2.
6 to 29 people
3.
30 to 99 people
4.
100 to 299 people
5.
300 to 499 people
6.
500 to 999 people
7.
1,000 to 4,999 people
8.
5,000 to more people
9.
Government employee

11[Japan] 2009 Preference Parameters Study of Osaka University

14f.

Which one of the following best describes the industry in which you work? (Write in Number)
1.
Agriculture and related industry
2.
Mining industry
3.
Construction industry
4.
Manufacturing industry
5.
Wholesale trade/Retail trade industry
6.
Finance and insurance industry
7.
Real estate business8.
Transportation/Telecommunications industry
9.
Electric/Gas/Water/Heat supply industry
10. Service industry
11. Education industry
12. Other

14g.

To what extent is your salary or wage based on your work performance? (Write in Number)
1.
The wage is based almost entirely on performance2.
The wage is based mostly on performance
3.
The wage is based slightly on performance
4.
The wage is not at all based on performance

14h.

About how hard do you work each day? Please answer based on the amount of work you do per hour.
(Write in Number)1.
I could not work any harder than currently
2.
I work hard and continuously
3.
I work continuously but not hard
4.
I work but have some downtime
5.
I work but have a lot of downtime

15.

Do you have any children? (Write in Number)
1.
No children → (Skip To Q.16)
2.
Have children → # of children (Write In):→ (Continue)

15a.
16.

How old is your youngest child now?
(Write In) _____ _____ years old
Approximately how much was your salary or hourly wage in 2008 (including business income if you are self-employed),
and approximately how much was your spouse’s salary or hourly wage?(Write In)
You:
salary per month ¥_________ or Wage per hour ¥_________Your spouse: salary per month ¥_________ or Wage per hour ¥_________

17.

Approximately how much was the annual earned income of you and your spouse before taxes, including bonuses andbusiness income in 2008?
(Write In Number)You_______________Your spouse_______________
1.
None
2.
Less than ¥1,000,000
3.
¥1000,000 to less than ¥2,000,000
4.
¥2,000,000 to less than ¥4,000,000
5.
¥4,000,000 to less than ¥6,000,000
6.
¥6,000,000 to less than ¥8,000,000
7.
¥8,000,000 to less than ¥10,000,000
8.
¥10,000,000 to less than ¥12,00,000
9.
¥12,000,000 to less than ¥14,000,000
10. ¥14,000,000 or more

17a.

Based on your annual income above, what is the percentage of non-labor income (income other than earned income orbusiness earnings)? This consists of income from assets, payments from the government, age-related benefits such as
disability insurance payments, and pensions, money provided from your relatives, and extra income fromlotteries orgambling. Also, do you think your non-labor income will increase in the future?

12

[Japan] 2009 Preference Parameters Study of Osaka University

18.

Which of the following best describes your current family status?
(X ONE Box)
1.
Single2.
Husband and wife
3.
Husband, wife and children
4.
Single parent and children
5.
Husband, wife, children and you or your spouse's parents
6.
Husband, wife, children, you or your spouse's parents, brothers and sisters
7.
Others (Specify):

19.

How many people are currently living in your household? (Write In) # of people: _____ _____

20.

How much were the average food expenses of your entire family per month in 2008? (Write In For EACH Row)
Approximate food expenses (excluding expenses of eating out). ¥____________________ per month
Approximate expenses of eating out............................................ ¥____________________ per month21.

How much did you spend on durable consumer goods such as housing, cars, and expensive electronic products
your entire family in 2008? (Write In)

forApproximate expense in 2008 for entire family ¥____hundred million____________ ten thousands
22.

How much were the average expenditures of your entire family per month in 2008? Exclude durable consumer goods
purchased such as housing, cars, expensive electronic products, taxes, insurance premiums, and mortgage interest.
Include costs of public utilities and energy bills. (Write In)
Approximate expense in 2008 for entire family ¥________________________ ten thousands per month

22a.

Please answer this question if there are members in your household besides yourself. Of all the money spent by yourhousehold per month, what percentage do you spend? What percentages do the other members of your householdspend? Please write in the average percentage of money spent by you, by your spouse and by other members, and theaverage percentage allocated to common use, so that the percentages add up to be 100% for your entire household.
(Write In)

22b.

Please answer this question if you have a spouse. Who mainly decides on expenditures, savings and investments foryour household? (X ONE Box For EACH Row)

22c.

If you and your spouse both decide on expenditures, savings and investments do the following statements hold true foryou and for your spouse? (X ONE Box For EACH Row)

23.

How much did the gross expenditures of your entire family change in 2008 as compared to 2007?
(X ONE Box)
Increasedby less
Decreasethan 1% Decrease Decrease Decrease Decrease
Increased
Increased Increased Increased IncreasedddOR
by moredddby 7-9% by 5-7% by 3-5% by 1-3%
by moreDecrease by 1-3% by 3-5% by 5-7% by 7-9%
than 9%than 9%d by lessthan 1%
10 □

9□

8□

7□

6□

5□

13

4□

3□

2□

1□

0□

[Japan] 2009 Preference Parameters Study of Osaka University

24.

How much do you estimate that the gross expenditure of your entire family will change in 2009 as compared to
2008? (X ONE Box)
Increasedby less
Decreasethan 1% Decrease Decrease Decrease Decrease
IncreaseddIncreased Increased Increased Increased
OR
d
d
d
d
by moreby moreby 7-9% by 5-7% by 3-5% by 1-3%
Decrease by 1-3% by 3-5% by 5-7% by 7-9%
than 9%than 9%d by lessthan 1%
10 □

25.

9□

8□

7□

6□

5□

4□

3□

2□

1□

0□

What do you estimate will be the annual growth rate of consumer prices in 2009? (X ONE Box)
Increasedby less
Decreasethan 1% Decrease Decrease Decrease DecreasedIncreased Increased Increased Increased
OR
d
d
d
d
by moreby moreby 7-9% by 5-7% by 3-5% by 1-3%
Decrease by 1-3% by 3-5% by 5-7% by 7-9%
than 9%than 9%d by lessthan 1%
10 □

9□

8□

7□

6□

5□

4□

3□

2□

1□

0□

26.

Are you currently seeking a job? (Please answer regardless of whether or not you presently have a job.)(Write In Number)
1.
Seeking a job
2.
Not seeking a job

27.

Have you experienced unemployment in the past 5 years? Here, "unemployment" means being jobless and also seekinga job. (Write In Number)
1.
Have experienced
2.
Haven't experienced

28.
What is the possibility that you or someone in your family will be unemployed (in case of running your own
the possibility of discontinuing business) within 2 years? (Write In Number)
1.
Strong possibility
2.
Some possibility
3.
Little possibility
4.
Don’t knowbusiness,

29.

Do you think you will move in the next 5 years? (Write In Number)
1.
Moving is a certainty
2.
Strong possibility of moving
3.
Can't say which
4.
Little possibility of moving
5.
No possibility of moving

30.

If you could move to another prefecture in Japan, would you move? X ONE of your choices. Next to your choice,write in the name of a state.
1.
I would move to(Write in the name of the prefecture you want to live)
2.
I would continue to live in(Write in the name of the prefecture where you are living now)31.

Please indicate why you would choose to live in Japan you specified in Q.30. Put an X in the boxes for the FOUR mostimportant reasons for wishing to live in that prefecture. Next, rank your four choices in order of importance.

14

[Japan] 2009 Preference Parameters Study of Osaka University

32.

Please indicate the highest level of education (or equivalent) completed by your parents and your spouse's
parents. (X ONE Box For EACH)
Your father_______________Your mother_______________Your spouse’s father_______________Your spouse’s mother_______________
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.

33.

33a.

Graduated from Elementary/ Junior High SchoolSome High School – no degree
Graduated from High SchoolSome College (including Technical College) – no degree
Graduated from College (including Technical College) - Associate’s Degree (2 year)
Some University (including old-education-system high school) – no degree
Graduated from University (including old-education-system high school)– Bachelor’s Degree (4 year)
Some post graduate studies – no degree
Master’s Degree –MS, MA, MBA, etc
Some doctoral studies – no degree
Doctoral Degree – DVM, Ph.D, DDS, etc.

What are your (and your spouse's) parents’ birth years? (Write In Number)Your father
Your motherYour spouse’s father
Your spouse’s mother
Are your and your spouse’s parents alive? (X ONE Box) If they are alive, indicate their age. If they are deceased, indicate
their age at time of death. (Write In For EACH)
Your father

1□ Alive_____ _____ years oldtensYour mother_____ _____ years old
tens
ones

1□ Alive_____ _____ years oldtensYour spouse’s father

ones

2 □Deceased_____ _____ years old
tens
ones

1 □Alive_____ _____ years oldtensYour spouse’s motherones

2□Deceased

ones

2 □Deceased_____ _____ years old
tens
ones

1 □Alive_____ _____ years oldtens

2 □Deceased

ones_____ _____ years old
tens
ones

34.

Now, we would like to ask you about dependents in your family. Here, dependent means anyone you claimed on your lasttax return. Are you ... (Write In For EACH)
1
Supporting someone in the family.
2
Supported by someone in your family.
3
Neither supporting nor being supported. (singles household included)35.

In what type of home do you live? (Write In Number)
1.
Your own house (a single house)
2.
Your own condominium
3.
Private rented house (a single house or an apartment)
4.
Supplied house (a company house or an official residence)5.
Government-owned housing
6.
Lodgings (Hotels, Motels, etc.)
7.
Dormitory, Group Quarters, etc.
8.
Others15

[Japan] 2009 Preference Parameters Study of Osaka University

36.

Approximately how much was the annual earned income before taxes and with bonuses included of your entire
household for 2008? (If you are student, please answer the income of your parents' entire household.)(Write In Number)
1
Less than ¥1,000,000
2¥1,000,000 to less than ¥2,000,000
3¥2,000,000 to less than ¥4,000,000
4¥4,000,000 to less than ¥6,000,000
5¥6,000,000 to less than ¥8,000,000
6¥8,000,000 to less than ¥10,000,000
7¥10,000,000 to less than ¥12,000,000
8¥12,000,000 to less than ¥14,000,000
9¥14,000,000 to less than ¥16,000,000
10¥16,000,000 to less than ¥18,000,000
11¥18,000,000 to less than ¥20,000,000
12¥20,000,000 or more

37.

Considering your family’s ability, about how much income do you think is natural for your household? Pleaseanswer for household income. (If you are a student, please answer the income of your parents’ entire household.)(Write In Number)
1
Less than ¥1,000,000
2¥1,000,000 to less than ¥2,000,000
3¥2,000,000 to less than ¥4,000,000
4¥4,000,000 to less than ¥6,000,000
5¥6,000,000 to less than ¥8,000,000
6¥8,000,000 to less than ¥10,000,000
7¥10,000,000 to less than ¥12,000,000
8¥12,000,000 to less than ¥14,000,000
9¥14,000,000 to less than ¥16,000,000
10¥16,000,000 to less than ¥18,000,000
11¥18,000,000 to less than ¥20,000,000
12¥20,000,000 or more

38.

About how much household income is common for people around you? (Write In Number)
1
Less than ¥1,000,000
2¥1,000,000 to less than ¥2,000,000
3¥2,000,000 to less than ¥4,000,000
4¥4,000,000 to less than ¥6,000,000
5¥6,000,000 to less than ¥8,000,000
6¥8,000,000 to less than ¥10,000,000
7¥10,000,000 to less than ¥12,000,000
8¥12,000,000 to less than ¥14,000,000
9¥14,000,000 to less than ¥16,000,000
10¥16,000,000 to less than ¥18,000,000
11¥18,000,000 to less than ¥20,000,000
12¥20,000,000 or more

39.

How much did the annual earned gross income of your entire household change in 2008 as compared to 2007? (If you
are a student, please answer the income of your parents' entire household.) (X ONE Box)

40.

How much do you estimate the annual earned gross income of your household will change in 2009 as compared to
2008? Please answer for your entire household, for you and for your spouse. (If you are a student, please answer theincome of your parents' entire household.) (Write In Number)

16

[Japan] 2009 Preference Parameters Study of Osaka University

41.

Into which of the following categories do you think most Japanese annual household income falls? (Write In Number)
1¥1,000,000 to less than ¥2,000,000
2¥2,000,000 to less than ¥3,000,000
3¥3,000,000 to less than ¥4,000,000
4¥4,000,000 to less than ¥5,000,000
5¥5,000,000 to less than ¥6,000,000
6¥6,000,000 to less than ¥7,000,000
7¥7,000,000 to less than ¥8,000,000
8¥8,000,000 to less than ¥9,000,000

42.

Approximately how much is the present appraised value of all housing and properties which your entire household owns?
(If you are a student, please answer about the housing and properties your parents' entire household owns.)(Write In Number)1
Do not possess housing or properties
2
Less than ¥5,000,000
3¥5,000,000 to less than ¥10,000,000
4¥10,000,000 to less than ¥15,000,000
5¥15,000,000 to less than ¥20,000,000
6¥20,000,000 to less than ¥30,000,000
7¥30,000,000 to less than ¥40,000,000
8¥40,000,000 to less than ¥50,000,000
9¥50,000,000 to less than ¥100,000,000
10¥100,000,000 or more

43.

Approximately how much is the balance of financial assets (savings, stocks and insurance, etc.) of your entire
household? (If you are a student, please answer the balance of financial assets of your parents' entire household.)(X ONE Box)
1
Less than ¥2,500,000
2¥2,500,000 to less than ¥5,000,000
3¥5,000,000 to less than ¥7,500,000
4¥7,500,000 to less than ¥10,000,000
5¥10,000,000 to less than ¥15,000,000
6¥15,000,000 to less than ¥20,000,000
7¥20,000,000 to less than ¥30,000,000
8¥30,000,000 to less than ¥50,000,000
9¥50,000,000 to less than ¥100,000,000
10¥100,000,000 or more

44.

Please indicate which of the following financial assets you own. (Write in ALL Number)
1. Bank savings (including cooperative banks, credit unions and other associations)
2. Post-office savings
3. Life insurance
4.
Stocks5. Investment Trusts
6. Foreign currency deposits
7. Futures/ Options
8. Japanese Government bonds
9. Government bonds of foreign countries
10. Private individual pensions (from life insurance companies, etc.)
11. Company pensions
12. Cash
13. None→(Skip to Q.47)→(Continue)

45.

What percentage of the financial assets of your entire household are in the following ... (Write In % For Group B only)Group A:Bank savings, cash, Japanese government bonds
Group B:Investment Trusts, Stocks, Futures/Options, Corporate Bonds, Foreign currency
deposits, Government bonds of foreign countries__________%

46.

What percentage of the financial assets of your entire household are in the following ... (Write In % For EACH)______.______% (e.g. 3.5%) ++ □ Cannot say

47.

Do you currently have any liabilities or debts? Liabilities or debts include housing loans. (Write in Number)
1. No liabilities or debts (Skip To Q. 48)
2. Have liabilities or debts  (Continue)

17

[Japan] 2009 Preference Parameters Study of Osaka University

47a.

If you have housing loans, what is the current balance of your housing loans?
1. Less than ¥2,500,000
2. ¥2,500,000 to less than ¥5,000,000
3. ¥5,000,000 to less than ¥7,500,000
4. ¥7,500,000 to less than ¥10,000,000
5. ¥10,000,000 to less than ¥15,000,000
6. ¥15,000,000 to less than ¥20,000,000
7. ¥20,000,000 to less than ¥30,000,000
8. ¥30,000,000 or more
9. No housing loans

47b.

If you are paying off housing loan(s), what is the current balance of your housing loan(s)?
1. No loans other than mortgage loans
2. Less than ¥500,000
3. ¥500,000 to less than ¥1,000,000
4. ¥1,000,000 to less than ¥2,000,000
5. ¥2,000,000 to less than ¥3,000,000
6. ¥3,000,000 to less than ¥5,000,000
7. ¥5,000,000 to less than ¥7,500,000
8. ¥7,500,000 to less than ¥10,000,000
9. ¥10,000,000 or more48.

Have you ever been rejected for a loan application (excluding housing loans)? (Write in Number)
1. YES
2. NO

49.

About how many years in advance do you consider when you decide on the current amount of money you will save eachmonth? Please include the amount of payment for housing loans in the savings.
1. Less than a year ahead
2. A year to 2 years ahead
3. 3 to 5 years ahead
4. 10 years ahead
5. 20 years ahead
6. More than 20 years ahead

50.

Have you lost a lot of your wealth due to fluctuations in the stock (equity) and/or housing prices? (X ALL That Apply)
1. I lost a lot of wealth due to the collapse of bubble economy in the early 1990s.
2. I lost a lot of wealth due to the fluctuations in the value of stocks in the middle of 1990s.
3. I lost a lot of wealth due to the bursting of the dot-com bubble in the spring of 2000.
4. I lost a lot of wealth due to the financial crisis caused by sub prime lending in the fall of 2008.
5. I haven’t lost a lot of wealth due to fluctuations in stock (equity) and/or housing prices.
6. My parents lost a lot of wealth due to fluctuations in stock (equity) and/or housing prices.
7. My relatives other than my parents lost a lot of wealth due to fluctuations in stock (equity) and/or housing prices.

51.

On a scale of 0-10 with “10” being “Highest” and “0” being “Lowest”, please indicate what you think your standard of livingis. (X ONE Box)

52.

On a scale of 0-10 with “10” being “Highest” and “0” being “Lowest”, please indicate what you think was the standard ofliving for your family when you were 15 years old. (X ONE Box)

53.

When you were fifteen years old where did your grades rank among others in your grade? (X ONE Box Under Each)
Average Of All Subjects Grade In Japanese Grade In Math
In lower rank ..................................................................
1□
1□
1□
2□
2□
2□
In rather lower rank ........................................................
In the middle...................................................................
3□
3□
3□
In rather higher rank .......................................................
4□
4□
4□
5□
5□
5□
In higher rank .................................................................

54.

In which prefecture did you live when you were fifteen years old? If you lived in a foreign country, indicate the nameof the country. (Write In Number)
Name of a Prefecture in Japan
Name of a Country:

18(Write in Number)(Write in Number)

[Japan] 2009 Preference Parameters Study of Osaka University

55.

In which prefecture do your parents live? If they are living in a foreign country, indicate the name of the country. If
your parents are deceased, indicate a place where they had lived for a long time. (Write In)
Your Parents:
Name of a Prefecture in Japan
Name of a Country:
Your Spouse’s Parents:
Name of a Prefecture in Japan
Name of a Country:

56.

Do you smoke? (Write in Number)
1. Don't smoke at all
2. Hardly smoke
3. Smoke sometimes
4. About 10 cigarettes a day
5. About a pack a day
6. More than 2 packs a day
6. I used to smoke but had quit

57.

Do you drink alcoholic beverages? (Write in Number)
1. Don't drink at all
2. Hardly drink
3. Drink sometimes
4. A can of beer (350ml.) or its equivalent a day, everyday
5. 3 cans of beer (350ml. x 3) or its equivalent a day, everyday
6. 5 cans of beer (350ml. x 5) or its equivalent a day, everyday

58.

Do you gamble in lotteries, slot machine, or bet on sporting events or horse races? (Write in)
1. Don't gamble at all
2. Hardly gamble
3. Several times a year or so
4. Once a month or so
5. Once a week or so
6. Almost everyday

59.

Please indicate if you are affiliated with any of the following religions. (X ALL That Apply)
1. None2. Roman Catholic
3. Other Protestant
4. Other Christian
5. Judaism
6. Islam
7. Hinduism
8. Buddhism
9. Other60.

Other than saying prayers before you eat a meal (saying grace) and weddings and funerals, how often do you pray,
yourself? (X ONE Box)
1.
More than two times a day
2.
About once a day
3.
At least once a week4.
At least once a month5.
At least once a year
6.
Less than once a year
7.
Never

Please answer if you have children.
61.
How do you feel about leaving an inheritance to your children? (X ONE Box)
1. I plan to leave an inheritance to my child(ren) no matter what.
2. I plan to leave an inheritance to my child(ren) if they provide care (including nursing care) during old age.
3. I plan to leave an inheritance to my child(ren) only if they provide financial assistance during old age.
4. I plan to leave an inheritance to my child(ren) only if they carry on the family business.
5. I do not plan to make special efforts to leave an inheritance to my child(ren) but will leave whatever is left over.
6. I do not plan to leave an inheritance to my child(ren) under any circumstances because doing so may reduce theirwill to work.
7. I do not plan to leave an inheritance to my child(ren) under any circumstances because I want to use my wealthmyself.
8. I want to leave an inheritance to my child(ren) but I won’t because I don’t have the financial capacity to
do so.

19

[Japan] 2009 Preference Parameters Study of Osaka University

If you answer 1 to 5 at Q.61, please continue. Otherwise, skip to Q. 62
61a.

How do you plan to divide your inheritance among your children? (X ONE Box)
1. I plan to divide my inheritance equally among my children.
2. I do not plan to divide my inheritance equally among my children.
3. I have only one child so there is no need to divide my inheritance among my children.

If you answered 2 at Q61a, please continue. Otherwise, skip to Q.62.
61b.
Then how do you plan to divide your inheritance among your children? (X ALL That Apply)
1.
I plan to leave more or all to the child (ren) who lives with me.
2.
I plan to leave more or all to the child (ren) who lives near me.
3.
I plan to leave more or all to the child (ren) who helps me with housework.
4.
I plan to leave more or all to the child (ren) who provides nursing care.
5.
I plan to leave more or all to the child (ren) who provides financial assistance.
6.
I plan to leave more or all to the child (ren) who carries on the family business.
7.
I plan to leave more or all to my eldest son or daughter even if he/she does not live with me, does not live near me,
does not help me with housework, does not provide nursing care, does not provide financial assistance, and does
not carry on the family business.
8.
I plan to leave more or all to the child (ren) who has less earning capacity.
9.
I plan to leave more or all to the child (ren) who has greater needs.
10. I plan to leave more or all to the child (ren) whom I like more.

All respondents should answer the following question.
62.

Have you received any inheritance (or transfers of wealth before death) from your parents or your spouse’s parents in the
past? (X ALL That Apply)

62a.

YES

NO

Received inheritance (or transfers of wealth before death) in the past fromyour parents.

1

2

Received inheritance (or transfers of wealth before death) in the past fromyour spouse's parents.

1

2

Do you expect that you will receive any inheritance (or transfers of wealth before death) from your parents or your spouse’s
parents in the future?

63.

(X ALL That Apply)
YES

NO

Expect to receive inheritance (or transfers of wealth before death) in the futurefrom your parents.

1

2

Expect to receive inheritance (or transfers of wealth before death) in the futurefrom your spouse’s parents.

1

2

If you could choose the country in which you were born from among the four choices listed below, which country would
you prefer? Please rank the countries from 1 to 4 with "1" for your first choice through "4" for your last choice.
(
)
China
(
)
India
(
)
Japan
(
)
United States

Thank you very much for your help with this study.

20