Decision Making Experiment: Choices between Gambles

Choose the gamble in each case that you would rather play.


1.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $55
Choose First Gamble Choose Second Gamble


2.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $40
Choose First Gamble Choose Second Gamble


3.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $70
Choose First Gamble Choose Second Gamble


4.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $45
Choose First Gamble Choose Second Gamble


5.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $40
Choose First Gamble Choose Second Gamble


6.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $65
Choose First Gamble Choose Second Gamble


7.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $50
Choose First Gamble Choose Second Gamble


8.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $55
Choose First Gamble Choose Second Gamble


9.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $80
Choose First Gamble Choose Second Gamble


10.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $75
Choose First Gamble Choose Second Gamble


11.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $55
Choose First Gamble Choose Second Gamble


12.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $80
Choose First Gamble Choose Second Gamble


13.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $85
Choose First Gamble Choose Second Gamble


14.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $50
Choose First Gamble Choose Second Gamble


15.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $75
Choose First Gamble Choose Second Gamble


16.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $50
Choose First Gamble Choose Second Gamble


17.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $50
Choose First Gamble Choose Second Gamble


18.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $60
Choose First Gamble Choose Second Gamble


19.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $40
Choose First Gamble Choose Second Gamble


20.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $40
Choose First Gamble Choose Second Gamble


21.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $55
Choose First Gamble Choose Second Gamble


22.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $45
Choose First Gamble Choose Second Gamble


23.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $80
Choose First Gamble Choose Second Gamble


24.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $75
Choose First Gamble Choose Second Gamble


25.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $50
Choose First Gamble Choose Second Gamble


26.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $60
Choose First Gamble Choose Second Gamble


27.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $65
Choose First Gamble Choose Second Gamble


28.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $65
Choose First Gamble Choose Second Gamble


29.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $45
Choose First Gamble Choose Second Gamble


30.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $80
Choose First Gamble Choose Second Gamble


31.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $70
Choose First Gamble Choose Second Gamble


32.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $60
Choose First Gamble Choose Second Gamble


33.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $75
Choose First Gamble Choose Second Gamble


34.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $65
Choose First Gamble Choose Second Gamble


35.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $50
Choose First Gamble Choose Second Gamble


36.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $60
Choose First Gamble Choose Second Gamble


37.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $75
Choose First Gamble Choose Second Gamble


38.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $45
Choose First Gamble Choose Second Gamble


39.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $85
Choose First Gamble Choose Second Gamble


40.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $55
Choose First Gamble Choose Second Gamble


41.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $20
  40 tickets to win $70
Choose First Gamble Choose Second Gamble


42.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $60
Choose First Gamble Choose Second Gamble


43.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $60
Choose First Gamble Choose Second Gamble


44.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $85
Choose First Gamble Choose Second Gamble


45.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $65
Choose First Gamble Choose Second Gamble


46.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $85
Choose First Gamble Choose Second Gamble


47.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $85
Choose First Gamble Choose Second Gamble


48.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $70
Choose First Gamble Choose Second Gamble


49.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $70
Choose First Gamble Choose Second Gamble


50.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $85
Choose First Gamble Choose Second Gamble


51.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $45
Choose First Gamble Choose Second Gamble


52.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $65
Choose First Gamble Choose Second Gamble


53.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $70
Choose First Gamble Choose Second Gamble


54.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $80
Choose First Gamble Choose Second Gamble


55.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $12
  40 tickets to win $55
Choose First Gamble Choose Second Gamble


56.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $75
Choose First Gamble Choose Second Gamble


57.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $35
  40 tickets to win $40
Choose First Gamble Choose Second Gamble


58.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $16
  40 tickets to win $40
Choose First Gamble Choose Second Gamble


59.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $30
  40 tickets to win $45
Choose First Gamble Choose Second Gamble


60.
First Gamble:
  50 tickets to win $90
  50 tickets to win $10

Second Gamble:
  60 tickets to win $25
  40 tickets to win $80
Choose First Gamble Choose Second Gamble



61. Please enter the last 4 digits of your Student ID Number:
        

62. What is your age?
        years.

63.What is your gender?
Female
Male
64. What is your level of education?
        

65. What is your country of birth? (e.g., USA, UK, Mexico, France):
        

66. Please let us know of any comments or suggestions that you may have:
        

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

Thank you for your participation!