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In this Part of the Study you will make decisions over the course of 10 Rounds. In each Round, you will be asked to choose between two options that determine your Additional Payment.

Below we list exact decision problems that you will all face:

Decision Problem Option 1 Option 2
1 Fixed amount of $1.25 VS Receiving $1 or $2 with equal chance of each.
2 Fixed amount of $1.30 VS Receiving $1 or $2 with equal chance of each.
3 Fixed amount of $1.35 VS Receiving $1 or $2 with equal chance of each.
4 Fixed amount of $1.40 VS Receiving $1 or $2 with equal chance of each.
5 Fixed amount of $1.45 VS Receiving $1 or $2 with equal chance of each.
6 Fixed amount of $1.50 VS Receiving $1 or $2 with equal chance of each.
7 Fixed amount of $1.55 VS Receiving $1 or $2 with equal chance of each.
8 Fixed amount of $1.60 VS Receiving $1 or $2 with equal chance of each.
9 Fixed amount of $1.65 VS Receiving $1 or $2 with equal chance of each.
10 Fixed amount of $1.70 VS Receiving $1 or $2 with equal chance of each.

These decision problems may appear in different order on your screen.

As you can see above, in each of the Rounds, one choice will be a fixed amount and the other will involve some uncertainty. The uncertainty can be described in the following way. The computer flips a virtual coin that lands either on heads or tails, each with an equal 50% chance. The outcome of the virtual coin flip determines your payment if you chose the uncertain option.

Payment: If this Part is randomly selected to count for payment in this Study, only one of the 10 Rounds will be chosen to count for payment. Your Additional Payment would be determined in the following way

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