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insurance
| Variable | Question text | Label |
|---|---|---|
| ins001 | Suppose you ^FLAlready[1] used car. After inspecting the car, an independent agency tells you that the chance the car may be defective within the first year is ^ins_randomizer_specific. If the car is defective, your only option will be to fix it and you will need to pay $5,000 to do this.
How much would you pay for an insurance policy that would give you back the full $5,000 to fix the car? | specific chance totaled how much willing to fix |
| ins002 | Suppose you ^FLAlready[2] used car. After inspecting the car, an independent agency tells you that the chance the car may be defective within the first year is ^ins_randomizer_range_dummy. All failure rates in this range are equally likely. If the car is defective, your only option will be to fix it and you will need to pay $5,000 to do this.
How much would you pay for an insurance policy that would give you back the full $5,000 to fix the car? | range chance totaled how much willing to fully replace pay |
| ins_order | Indicates insurance question order | insurance question order |
| ins_randomizer_range | Indicates randomizer range chance | randomizer range chance |
| ins_randomizer_specific | Indicates randomizer specific chance | randomizer specific chance |