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Decisions
For each question in the following table, please choose Urn A or B as your preferred opinion.
In each question, you do not know the exact number of red and blue balls in Urn A, but you do know the exact number of red and blue balls in Urn B.
There are 7 questions in total, and please consider each of them as a separate decision.
Earnings
The computer will select one out of 7 questions at random to calculate your earnings at the end of the experiment. Based on the selected question, the computer then randomly draw a ball from each Urn.
If a red ball is drawn you earn $3, if a blue ball is drawn you earn $1.
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