{{ extends 'global/Page.html' }} {{ block title }}Description of Holt-Laury task{{ endblock }} {{ block content }} {{ formfields }}
To begin with, you will complete the Holt-Laury task to provide information about your risk preferences. In 10 questions you should choose one of two options. Each option demonstrates two numbers with probabilities of falling.
For instance, you can choose between (20% chance of $15 or 80% chance of $10) and (20% chance of $30 or 80% chance of $1). It means that in the first variant $15 will fall with a 20% probability and $10 will fall with an 80% probability, whereas in the second variant $30 will fall with a 20% probability and $1 will fall with an 80% probability. Which one do you prefer more? This is the main question that you must answer 10 times with different options.
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