Fourteen choices between two imagined money offers, after one question on probabilities
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This task is new to Classperiment and has not yet been fully tested. Issues may occur in the procedure or scoring. The expected effect may also fail to appear reliably.
Task time: 3–5 min
You will make 14 decisions, each between two imagined offers involving money. In some decisions you receive money, in others you lose money; for a loss, imagine the amount would be taken from your own money. One offer always names a sure amount. In the other, the amount depends on chance, drawn once. Read both offers and each time choose the one you would rather have. There is no time limit and no going back. No money is paid out or taken away. First comes a short question about probabilities, and one more short question at the end.
One question, 14 decisions, one final question