Instructions for Decision Making


In this study, each gamble is an urn containing either two or three tickets. Each ticket is identical, except that they have different prize values printed on them. One ticket will be drawn blindly and randomly from your chosen gamble to determine your prize. Assume that each ticket is equally likely to be drawn. For example, in Choice W1 below, the first gamble has two tickets that win $25 or $40 and the second gamble has two tickets as well, which might win either $5 or $95. Which gamble would you rather play? Click the button to indicate your choice.

Decision Making


W1.
First Gamble: ($25, $40)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

W2.
First Gamble: ($50, $55, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

W3.
First Gamble: ($15, $20, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

W4.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($48, $52, $97)

Choose First Gamble Choose Second Gamble

W5.
First Gamble: ($4, $96)
OR
Second Gamble: ($48, $52)

Choose First Gamble Choose Second Gamble

W6.
First Gamble: ($50, $55)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

1.
First Gamble: ($4, $96)
OR
Second Gamble: ($48, $52)

Choose First Gamble Choose Second Gamble

2.
First Gamble: ($30, $35)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

3.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($14, $18, $97)

Choose First Gamble Choose Second Gamble

4.
First Gamble: ($2, $40, $45)
OR
Second Gamble: ($2, $5, $95)

Choose First Gamble Choose Second Gamble

5.
First Gamble: ($4, $96)
OR
Second Gamble: ($42, $46)

Choose First Gamble Choose Second Gamble

6.
First Gamble: ($30, $35, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

7.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($39, $43, $97)

Choose First Gamble Choose Second Gamble

8.
First Gamble: ($45, $50)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

9.
First Gamble: ($3, $4, $96)
OR
Second Gamble: ($3, $14, $18)

Choose First Gamble Choose Second Gamble

10.
First Gamble: ($15, $20, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

11.
First Gamble: ($4, $96)
OR
Second Gamble: ($36, $40)

Choose First Gamble Choose Second Gamble

12.
First Gamble: ($2, $45, $50)
OR
Second Gamble: ($2, $5, $95)

Choose First Gamble Choose Second Gamble

13.
First Gamble: ($3, $4, $96)
OR
Second Gamble: ($3, $48, $52)

Choose First Gamble Choose Second Gamble

14.
First Gamble: ($40, $45)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

15.
First Gamble: ($3, $4, $96)
OR
Second Gamble: ($3, $45, $49)

Choose First Gamble Choose Second Gamble

16.
First Gamble: ($2, $25, $30)
OR
Second Gamble: ($2, $5, $95)

Choose First Gamble Choose Second Gamble

17.
First Gamble: ($4, $96)
OR
Second Gamble: ($33, $37)

Choose First Gamble Choose Second Gamble

18.
First Gamble: ($50, $55, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

19.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($36, $40, $97)

Choose First Gamble Choose Second Gamble

20.
First Gamble: ($20, $25, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

21.
First Gamble: ($3, $4, $96)
OR
Second Gamble: ($3, $39, $43)

Choose First Gamble Choose Second Gamble

22.
First Gamble: ($40, $45, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

23.
First Gamble: ($4, $96)
OR
Second Gamble: ($30, $34)

Choose First Gamble Choose Second Gamble

24.
First Gamble: ($2, $20, $25)
OR
Second Gamble: ($2, $5, $95)

Choose First Gamble Choose Second Gamble

25.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($48, $52, $97)

Choose First Gamble Choose Second Gamble

26.
First Gamble: ($35, $40, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

27.
First Gamble: ($4, $96)
OR
Second Gamble: ($39, $43)

Choose First Gamble Choose Second Gamble

28.
First Gamble: ($50, $55)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

29.
First Gamble: ($4, $96)
OR
Second Gamble: ($45, $49)

Choose First Gamble Choose Second Gamble

30.
First Gamble: ($2, $35, $40)
OR
Second Gamble: ($2, $5, $95)

Choose First Gamble Choose Second Gamble

31.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($27, $31, $97)

Choose First Gamble Choose Second Gamble

32.
First Gamble: ($2, $15, $20)
OR
Second Gamble: ($2, $5, $95)

Choose First Gamble Choose Second Gamble

33.
First Gamble: ($3, $4, $96)
OR
Second Gamble: ($3, $33, $37)

Choose First Gamble Choose Second Gamble

34.
First Gamble: ($2, $50, $55)
OR
Second Gamble: ($2, $5, $95)

Choose First Gamble Choose Second Gamble

35.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($42, $46, $97)

Choose First Gamble Choose Second Gamble

36.
First Gamble: ($35, $40)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

37.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($33, $37, $97)

Choose First Gamble Choose Second Gamble

38.
First Gamble: ($25, $30)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

39.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($30, $34, $97)

Choose First Gamble Choose Second Gamble

40.
First Gamble: ($25, $30, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

41.
First Gamble: ($3, $4, $96)
OR
Second Gamble: ($3, $36, $40)

Choose First Gamble Choose Second Gamble

42.
First Gamble: ($2, $30, $35)
OR
Second Gamble: ($2, $5, $95)

Choose First Gamble Choose Second Gamble

43.
First Gamble: ($3, $4, $96)
OR
Second Gamble: ($3, $30, $34)

Choose First Gamble Choose Second Gamble

44.
First Gamble: ($15, $20)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

45.
First Gamble: ($4, $96)
OR
Second Gamble: ($14, $18)

Choose First Gamble Choose Second Gamble

46.
First Gamble: ($45, $50, $98)
OR
Second Gamble: ($5, $95, $98)

Choose First Gamble Choose Second Gamble

47.
First Gamble: ($3, $4, $96)
OR
Second Gamble: ($3, $42, $46)

Choose First Gamble Choose Second Gamble

48.
First Gamble: ($20, $25)
OR
Second Gamble: ($5, $95)

Choose First Gamble Choose Second Gamble

49.
First Gamble: ($4, $96)
OR
Second Gamble: ($27, $31)

Choose First Gamble Choose Second Gamble

50.
First Gamble: ($4, $96, $97)
OR
Second Gamble: ($45, $49, $97)

Choose First Gamble Choose Second Gamble

51.
First Gamble: ($3, $4, $96)
OR
Second Gamble: ($3, $27, $31)

Choose First Gamble Choose Second Gamble

Please complete the following:

52. Age:

53. Gender:

Female
Male
CSUF students: To receive credit in your SONA account, please complete the following items. The following will be used only for the purposes of giving you credit toward the research requirement assignment.

54. LAST NAME:

55. FIRST NAME:

56. CWID (CSUF ID):

57. EMAIL (CSUF email):

58. Comments:

Please check your answers. When you are done, push the button below.

Thank You!