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Instructions

Part 1

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.


Part 2

In the second part of the experiment you are asked to report some information about you.

 
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