Job Choice

In the next following questions, you will be presented with a series of questions relating to accepting a new job, staying with your present job, or choosing between prospective jobs. Please note that unless otherwise stated, job choices within each question will vary only by the salary and the chances of getting or keeping a job. That is, assume all job choices in the same question offer equal benefits, equal work environment, and equal job satisfaction. Salaries may range anywhere from $10,000 up to $200,000. Assume that you can pursue only one of the two jobs on each trial, and your job is to select which job to pursue.

Country:
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

Practice Questions
A. You currently make $40,000 at your current job. You can take a new job that will pay $100,000 but you are only 50% sure you will get hired otherwise you will be unemployed.

     Try to get the new job.
     Stay with your current job.

B. You have to move to a new city. Where will you go? In City A, there is a 50% chance of finding a job paying $35,000 and a 50% chance finding a job paying $45,000. In City B, you have a 50% chance of finding a job paying $100,000 and a 50% chance of being unemployed.

     City A
     City B

C. You have to decide between two jobs. Which will you prefer?

Job A:

5% chance of getting $12,000 salary
5% chance of getting $14,000 salary
90% chance of getting $96,000 salary

Job B:

5% chance of getting $10,000 salary
5% chance of getting $90,000 salary
90% chance of getting $96,000 salary

     Job A
     Job B

1. You currently make $24,000 at your present job. You have been eyeing a new job. There is a 33% chance they will offer you $25,000, 66% chance they will offer you $24,000 and a 1% chance they won't hire you and you lose your current job. Would you rather:

    Try the new job.
    Stay with your current job.

2. You have to to find a new job in a new town. Where would you rather go?

You can move to City A where there is a 33% chance of finding a job paying $25,000 and a 67% chance of being unemployed
You can move to City B where there is a 34% chance of finding a job paying $24,000 and a 66% chance of being unemployed.

     Move to City A.
     Move to City B.

3. You have to decide between two jobs. Which one do you pursue?

Job A will pay you $40,000 and you are 80% sure you are qualified for it
Job B will pay you $30,000 and you are 100% sure you are qualified for it

     Job A
     Job B

4. You have to decide between two jobs. Which one do you pursue?

Job A will pay you $40,000 and you are 20% sure you are qualified for it
Job B will pay you $30,000 and you are 25% sure you are qualified for it

     Job A
     Job B

5. You have to decide between two jobs that you are probably underqualified for. Which one do you pursue?

Job A will pay you $60,000 but you are only 00.1% sure you will be able to get it.
Job B will pay you $30,000 but you are only 00.2% sure you will be able to get it.

     Job A
     Job B

6. There are two jobs being offered to you with equal pay. Which one do you take?

Job A will give you a three week vacation with 50% probability.
Job B will give you a one week vacation with certainty.

     Job A
     Job B

7. There are two jobs being offered to you with equal pay. Which one do you take?

Job A will give you a three week vacation with 5% probability.
Job B will give you a one week vacation with 10% probability.

     Job A
     Job B

8. You have to decide between two jobs. Which one do you pursue?

Job A will pay you $60,000 and you are 45% sure you are qualified for it
Job B will pay you $30,000 and you are 90% you are qualified for it.

     Job A
     Job B

9. Congratulations! You have just been given a $10,000 raise last month and you already are in line for another raise. You can try to get a $10,000 raise with 50% probability or a $5,000 raise for sure. Which will you take?

     Try for the $10,000 raise with 50% probability
     Get the $5,000 raise for sure.

10. You have to to find a new job in a new town. Where would you rather go?

You can move to City A where there is a 25% chance of finding a job paying $60,000
You can move to City B where there is a 25% chance of finding a job paying $40,000 and a 25% chance of finding a job paying $20,000.

     Move to City A
     Move to City B

11. Your company is downsizing and some people have to take paycuts. Which would you rather choose?

Choice A: 25% chance of losing $60,000
Choice B: a 25% chance of losing $40,000 and a 25% chance of losing $20,000.

     Choice A
     Choice B

12. Congratulations! You have just been given a $20,000 raise last month. However, your boss realized he might have given you too much of a raise. He will either reduce your raise by $10,000 with a 50% probability or reduce your raise by $5,000 for sure. Which will you take?

     $10,000 reduction with 50% probability
     $5,000 reduction for sure

13. Your company has been making huge profits and one worker is getting a huge raise and everyone else gets a small raise. One do you pursue?

Choice A: 00.1% chance of winning a $50,000 raise
Choice B: $50 raise for sure

     Choice A
     Choice B

14. You have to decide between two jobs. Which will you prefer?

Job A:

80% chance of getting $40,000 salary
10% chance of getting $80,000 salary
10% chance of getting $88,000 salary

Job B:

80% chance of getting $10,000 salary
10% chance of getting $10,000 salary
10% chance of getting $180,000 salary

     Job A
     Job B

15. You have to decide between two jobs. Which will you prefer?
Job A:
10% chance of getting $40,000 salary
10% chance of getting $44,000 salary
80% chance of getting $100,000 salary
Job B:
10% chance of getting $10,000 salary
10% chance of getting $98,000 salary
80% chance of getting $100,000 salary

     Job A
     Job B

16. Your company has been hit with huge losses. Which would you decide?

Choice A: 00.1% chance of losing your job worth $50,000
Choice B: Reduce your pay by $50

     Choice A
     Choice B

17. You have to decide between two jobs. Which will you prefer?
Job A:
5% chance of getting $12,000 salary
5% chance of getting $14,000 salary
90% chance of getting $96,000 salary
Job B:
10% chance of getting $12,000 salary
5% chance of getting $90,000 salary
85% chance of getting $96,000 salary

     Job A
     Job B

COMMENTS:

Please leave the last 4 digits of your ID to receive credit.
last 4 digits of CWID:
When you are finished, push this button to send your data: