You will individually participate in a risk-attitude elicitation round. In this exercise. you will be asked to make 11 separate decisions. In each of the decision problems, you will state whether you prefer to enter lottery Option A, which gives you {{ C.LOTTERY_A_HIGH }} with probability \(p\) and {{ C.LOTTERY_A_LOW }} with probability \(1-p\) or lottery Option B, which gives you {{ C.LOTTERY_B_HIGH }} with probability \(p\) and {{ C.LOTTERY_B_LOW }} with probability \(1-p\). In the 11 decision problems, the probability \(p\) will go from 0 to 1 in increments of 1/10. You can use a calculator (such as an online calculator or the built-in calculator on your computer) to help you find your preferred lottery in these decision problems.
Once you have made choices for each of the 11 decisions, you should press the "Next” button to move on to the next part of the experiment. (Note that once you choose lottery Option B for a decision task, this lottery will be automatically selected for all subsequent decisions.)
To determine your payment, one of the 11 decisions will be randomly selected. You will enter the lottery you have chosen for that decision and will be paid based on the outcome of the lottery.