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In the first part of the experiment you are going to choose between couples of lotteries.
The following is an example of the decision setting you are facing
# | A | B | ||||
---|---|---|---|---|---|---|
1 | p/10 of €A1 | (1-p)/10 of €A2 | {{ form.HL }} | p/10 of €B1 | (1-p)/10 of €B2 |
You must choose between lottery A and lottery B, with lottery A delivering €A1 with probability p/10 and €A2 with probability (1-p)/10.
Similarly, lottery B delivers €B1 with probability p/10 and €B2 with probability (1-p)/10.
You will face 10 choices between A and B, with p changing across choices.
All your earnings are virtual, no cash is going to be paid to you. However, choose as if the monetary stakes were real.
In the second part of the experiment you are asked to report some information about you.