This is a study of decision making.
Suppose you are given $100, but you are required to gamble with the money. Would you rather choose the the First Gamble or the Second Gamble?
First Gamble:
60% chance to win $3.00
30% chance to win $0
OR
Second Gamble:
29% chance to win $5.00
71% chance to win $0
Choose First Gamble Choose Second Gamble
Make your choice by clicking in the dot next to the gamble you prefer.