Instructions for Differences between Mixed Gambles


THIS IS A NEW TASK: READ INSTRUCTIONS CAREFULLY!

On each trial, you will see two gambles, side by side. Your new task is the judge how much more you would like to play the gamble on the right compared to the gamble on the left; that is you are to judge the DIFFERENCE between the gamble on the right compared to the gamble on the left. If you prefer the gamble on the right, click to the right of the center; if you prefer the gamble on the left, you will click to the left of center; and if you like them equally, click in the center.

You will also indicate the size of the DIFFERENCE, by using the scale as follows:

10% from left = Like the LEFT gamble very much more
20% from left = Like the LEFT gamble much more
30% from left = Like the LEFT gamble more
40% from left = Like the LEFT gamble slightly more
50% from left = Like both gambles EQUALLY (middle of line)
60% from left = Like the RIGHT gamble slightly more
70% from left = Like the RIGHT gamble more
80% from left = Like the RIGHT gamble much more
90% from left = Like the RIGHT gamble very much more

So, the more you like the gamble on the Right, compared to the one on the left, the farther your mark will be to the right. If you would like or dislike them equally, you should click in the middle of the scale. If you like the left one better, your click will be left of the middle, and the more you like the left better, the farther to the left your mark should be.

Obviously, if the two gambles are the same, you should click in the center of the scale.

After a few warmup trials, you learn know how to use the scale to show us the magnitude of your preference for one gamble over the other. If you want to adjust your response, you can click or drag to the spot along the line that expresses your judgment comparing the two people.

Warmup Trials Differences between Mixed Gambles


W1.
 
 
(50-50 to LOSE $100 or WIN $20)
 
versus
 
(50-50 to LOSE $20 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



W2.
 
 
(50-50 to LOSE $20 or WIN $100)
 
versus
 
(50-50 to LOSE $20 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



W3.
 
 
(50-50 to LOSE $100 or WIN $20)
 
versus
 
(50-50 to LOSE $20 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



W4.
 
 
(50-50 to LOSE $20 or WIN $100)
 
versus
 
(50-50 to LOSE $100 or WIN $20)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly




1.
 
 
(50-50 to LOSE $20 or WIN $20)
 
versus
 
(50-50 to LOSE $100 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



2.
 
 
(50-50 to LOSE $100 or WIN $20)
 
versus
 
(50-50 to LOSE $100 or WIN $20)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



3.
 
 
(50-50 to LOSE $100 or WIN $20)
 
versus
 
(50-50 to LOSE $20 or WIN $20)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



4.
 
 
(50-50 to LOSE $20 or WIN $100)
 
versus
 
(50-50 to LOSE $100 or WIN $20)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



5.
 
 
(50-50 to LOSE $100 or WIN $100)
 
versus
 
(50-50 to LOSE $20 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



6.
 
 
(50-50 to LOSE $100 or WIN $100)
 
versus
 
(50-50 to LOSE $100 or WIN $20)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



7.
 
 
(50-50 to LOSE $20 or WIN $20)
 
versus
 
(50-50 to LOSE $20 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



8.
 
 
(50-50 to LOSE $100 or WIN $100)
 
versus
 
(50-50 to LOSE $100 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



9.
 
 
(50-50 to LOSE $20 or WIN $20)
 
versus
 
(50-50 to LOSE $20 or WIN $20)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



10.
 
 
(50-50 to LOSE $20 or WIN $20)
 
versus
 
(50-50 to LOSE $100 or WIN $20)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



11.
 
 
(50-50 to LOSE $20 or WIN $100)
 
versus
 
(50-50 to LOSE $20 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



12.
 
 
(50-50 to LOSE $20 or WIN $100)
 
versus
 
(50-50 to LOSE $100 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



13.
 
 
(50-50 to LOSE $20 or WIN $100)
 
versus
 
(50-50 to LOSE $20 or WIN $20)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



14.
 
 
(50-50 to LOSE $100 or WIN $100)
 
versus
 
(50-50 to LOSE $20 or WIN $20)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



15.
 
 
(50-50 to LOSE $100 or WIN $20)
 
versus
 
(50-50 to LOSE $20 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly



16.
 
 
(50-50 to LOSE $100 or WIN $20)
 
versus
 
(50-50 to LOSE $100 or WIN $100)
 
 
 
Prefer Left Side Strongly
Prefer Right Side Strongly




17. What is your age? years.
18. Gender: Are you Male or Female?
Female
Male

19. How many years of Education have you completed? Put 12 for High School Diploma
Put 16 for college diploma (bachelor's degree).
put 20 for doctorate degree (Ph.D., M.D., etc).
Education:
20. Nationality (nation of birth, e.g., USA, UK, China):

Students who wish credit in SONA Account, please complete the following items; they are used only for the purpose of giving credit toward the requirement.

21. LAST NAME:

22. FIRST NAME:

23. Last 4 DIGITS of CWID (Campus ID):

24. Email (Campus Email):

25. COMMENTS:

26. Please scroll back and check your answers, making sure you have filled in everything correctly.
After checking, is everything correct and complete? If so, type YES here:


When you have finished and checked your work, push the button below.

Thank You!