Decision-Making Experiment: Part 6 of 12

Winners in this part receive $50 plus the results of one of their chosen gambles.

Email address:
We will notify you by email if you are a winner.
Country(e.g., USA, UK, France):
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.

Now, look at the first choice, No. 1, below. Suppose you are given a gift of 
$50, but you are required to choose one of the following gambles.
Would you rather play: 

        A: 50 red marbles to win $50 and 50 white marbles to lose $50, 
OR
        B: 50 blue marbles to lose $10 and 50 green marbles to lose $20.

Because you receive a gift of $50, B guarantees that the least you will end up with is $30 (i.e., $50 minus $20), whereas in A you might lose $50 and end up with $0 (i.e., $50 minus $50). But A gives you a chance to end up with $100, since you might win another $50 and keep the gift of $50.

Some people will prefer A and others will prefer B. To mark your choice, click the button next to A or B.

You might win as much as $110, so choose carefully.

1. Which do you choose?
          A: 50 black marbles to win $50
                50 white marbles to lose $50
      OR
          B: 50 blue marbles to lose $10
                50 green marbles to lose $20

2. Which do you choose?
          C: 50 black marbles to win $50
                50 white marbles to lose $50
      OR
          D: 50 green marbles to lose $5
                50 blue marbles to lose $15
                
3. Which do you choose?
          E: 20 red marbles to win $50
                30 blue marbles to win $46
                50 white marbles to win $0
      OR
          F: 20 red marbles to win $50
                30 green marbles to win $12
                50 white marbles to win $0

4. Which do you choose?
          G: 10 red marbles to win $58
                50 green marbles to lose $38
                40 white marbles to lose $48
      OR
          H: 10 red marbles to win $58
                50 blue marbles to win $46
                40 white marbles to lose $48

5. Which do you choose?
          I: 90 red marbles to win $46
                05 blue marbles to lose $36
                05 white marbles to lose $38
      OR
          J: 85 red marbles to win $46
                05 blue marbles to win $40
                10 white marbles to lose $38

6. Which do you choose?
          K: 10 black marbles to lose $6
                10 purple marbles to lose $10
                80 pink marbles to lose $48
      OR
          L: 10 red marbles to win $48
                10 green marbles to lose $40
                80 white marbles to lose $48

7. Which do you choose?
          M: 91 red marbles to win $49
                03 blue marbles to win $46
                06 white marbles to lose $44
      OR
          N: 94 black marbles to win $49
                03 yellow marbles to lose $42
                03 purple marbles to lose $44

8. Which do you choose?
          O: 20 black marbles to lose $6
                80 yellow marbles to lose $40
      OR
          P: 10 red marbles to win $48
                90 white marbles to lose $40

9. Which do you choose?
          Q: 80 red marbles to win $48
                20 blue marbles to lose $10
      OR
          R: 90 red marbles to win $48
                10 white marbles to lose $40

10. Which do you choose?
          S: 80 red marbles to win $60
                10 black marbles to lose $6
                10 purple marbles to lose $10
      OR
          T: 80 red marbles to win $60
                10 blue marbles to win $48
                10 white marbles to lose $40

11. Which do you choose?
          U: 85 red marbles to win $46
                05 blue marbles to win $46
                05 green marbles to lose $36
                05 white marbles to lose $38
      OR
          V: 85 red marbles to win $46
                05 blue marbles to win $40
                05 green marbles to lose $38
                05 white marbles to lose $38

12. Which do you choose?
          W: 90 red marbles to win $56
                05 blue marbles to win $46
                05 white marbles to lose $38
      OR
          X: 90 red marbles to win $56
                05 blue marbles to win $2
                05 white marbles to lose $2

13. Which do you choose?
          Y: 91 red marbles to win $49
                03 blue marbles to win $46
                03 green marbles to lose $44
                03 white marbles to lose $44
      OR
          Z: 91 black marbles to win $49
                03 pink marbles to win $49
                03 yellow marbles to lose $42
                03 purple marbles to lose $44

14. Which do you choose?
          a: 95 red marbles to win $46
                05 white marbles to lose $38
      OR
          b: 90 red marbles to win $46
                10 white marbles to lose $2

15. Which do you choose?
          c: 90 red marbles to win $46
                05 yellow marbles to lose $36
                05 pink marbles to lose $38
      OR
          d: 85 black marbles to win $46
                05 blue marbles to win $40
                10 white marbles to lose $38

16. Which do you choose?
          e: 100 red marbles to lose $47 (lose $47 for sure)
      OR
          f: 01 red marbles to win $50
                99 white marbles to lose $50

17. Which do you choose?
          g: 05 red marbles to win $46
                05 blue marbles to lose $38
                90 white marbles to lose $47
      OR
          h: 05 red marbles to win $2
                05 blue marbles to lose $2
                90 white marbles to lose $47

18. Which do you choose?
          i: 91 red marbles to win $49
                03 blue marbles to win $46
                06 white marbles to lose $44
      OR
          j: 94 red marbles to win $49
                03 blue marbles to lose $42
                03 white marbles to lose $44

19. Which do you choose?
          k: 100 red marbles to win $46 ($46 for sure)
      OR
          l: 99 red marbles to win $50
                01 white marbles to lose $50

20. Which do you choose?
          m: 05 red marbles to win $46
                95 white marbles to lose $38
      OR
          n: 10 red marbles to win $2
                90 white marbles to lose $38

-----------

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.

winners will be notified by email. If you share an email address, include your name in the comments below, so we can identify the winner. COMMENTS: Please check to make sure that you have answered all of the Questions. When you are finished, push this button to send your data: