Decision-Making Experiment: Choices between Gambles: Part 1

Email address:
Country of Birth (e.g., USA):
Age: You must be over 18 years to participate.
Are you Male or Female?
          Female
      OR
          Male

Education (in years).  
  If you are a college graduate, put 16.
  If you have a Ph.D., put 20.
Education:  Years.

In each choice, click the button beside the gamble that you would rather play.

Now, look at the first choice below. Would you rather play:

        A: 50 tickets to win $100
           50 tickets to win $0 (nothing) 
OR
        B: 50 tickets to win $45
           50 tickets to win $35

Think of probability as the number of tickets in a bag containing 100 tickets, 
divided by 100. Gamble A has 50 tickets that say $100 and 50 that say $0, so 
the probability to win $100 is .50 and the probability to get $0 is .50. If 
someone reaches in bag A, half the time they might win $0 and half the time 
$100. But in this study, you only get to play a gamble once, so the prize will 
be either $0 or $100. Gamble B's bag has 100 tickets also, but 50 of them say $45,
and 50 of them say $35. Bag B thus guarantees you win at least $35, but 
the most you can win is $45. Some will prefer A and others will prefer B. 
To mark your choice, click the button next to A or B. Notice that the dot 
next to No. 1 will empty and fill in the button next to your choice. 

For each choice below, click the button beside the gamble you would rather play. 
After people have finished their choices, three people will be selected randomly 
to play one gamble for real money. One trial will be selected randomly from the 
20 trials, and if you were the lucky person, you will get to play the gamble 
you chose on the trial selected. You might win as much as $100. Any one of 
the 20 choices might be the one you get to play, so choose carefully. 
Winners will be notified by email. Offer void where prohibited by law. 
1. Which do you choose?
          A: 50 tickets to win $100
                  50 tickets to win $0
      OR
          B: 50 tickets to win $35
                  50 tickets to win $25

2. Which do you choose?
          C: 50 tickets to win $100
                  50 tickets to win $0
      OR
          D: 50 tickets to win $45
                  50 tickets to win $35
                
3. Which do you choose?
          E: 20 tickets to win $100
                  30 tickets to win $96
                  50 tickets to win $50
      OR
          F: 20 tickets to win $100
                  30 tickets to win $62
                  50 tickets to win $50

4. Which do you choose?
          G: 10 tickets to win $108
                  50 tickets to win $12
                  40 tickets to win $2
      OR
          H: 10 tickets to win $108
                  50 tickets to win $96
                  40 tickets to win $2

5. Which do you choose?
          I: 10 tickets to win $100
                  90 tickets to win $0
      OR
          J: 10 tickets to win $98
                  90 tickets to win $20

6. Which do you choose?
          K: 10 tickets to win $100
                  90 tickets to win $55
      OR
          L:  90 tickets to win $60
                   10 tickets to win $0

7. Which do you choose?
          M: 90 tickets to win $60
                  10 tickets to win $22
      OR
          N: 90 tickets to win $100
                  10 tickets to win $20

8. Which do you choose?
          O: 01 tickets to win $100
                  99 tickets to win $0
      OR
          P: 01 tickets to win $22
                  99 tickets to win $20

9. Which do you choose?
          Q: 99 tickets to win $100
                  01 tickets to win $0
      OR
          R: 10 tickets to win $22
                  90 tickets to win $20

10. Which do you choose?
          S: 10 tickets to win $100
                  90 tickets to win $0
      OR
          T: 90 tickets to win $90
                  10 tickets to win $0

11. Which do you choose?
          U: 99 tickets to win $60
                  01 tickets to win $55
      OR
          V: 01 tickets to win $100
                  99 tickets to win $0

12. Which do you choose?
          W: 99 tickets to win $100
                  01 tickets to win $0
      OR
          X: 99 tickets to win $22
                  01 tickets to win $20

13. Which do you choose?
          Y: 10 tickets to win $100
                  90 tickets to win $0
      OR
          Z: 10 tickets to win $98
                  90 tickets to win $20

14. Which do you choose?
          a: 10 tickets to win $100
                  90 tickets to win $55
      OR
          b: 90 tickets to win $60
                  10 tickets to win $0

15. Which do you choose?
          c: 99 tickets to win $60
                  01 tickets to win $55
      OR
          d: 01 tickets to win $100
                  99 tickets to win $0

16. Which do you choose?
          e: 99 tickets to win $100
                  01 tickets to win $0
      OR
          f: 99 tickets to win $22
                  01 tickets to win $20

17. Which do you choose?
          g: 99 tickets to win $100
                  01 tickets to win $0
      OR
          h: 10 tickets to win $22
                  90 tickets to win $20

18. Which do you choose?
          i: 10 tickets to win $100
                  90 tickets to win $0
      OR
          j: 90 tickets to win $90
                  10 tickets to win $0              
                 
19. Which do you choose?
          k: 90 tickets to win $60
                  10 tickets to win $22
      OR
          l: 90 tickets to win $100
                  10 tickets to win $20   

20. Which do you choose?
          m: 01 tickets to win $100
                  99 tickets to win $0
      OR
          n: 01 tickets to win $22
                  99 tickets to win $20   

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21. Have you ever read a scientific paper
(i.e., a journal article or book) on the theory of 
decision making or on the psychology of decision making?

          No. Never.            
      OR
          Yes, I have.

COMMENTS(CSUF students: add CSUF and your last four digits): Please check to make sure that you have answered all of the Questions. When you are finished, push this button to send your data:

Thank you!