{% extends "global/Page.html" %} {% load otree static %} {% block title %} A single risk over money {% endblock %} {% block content %}
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This experiment is about taking a single risk over money repeatedly (up to five times). Each single risk in this experiment has two equally likely outcomes: winning or losing an amount of money. On average, each risk pays zero.

Each single risk is resolved as follows: Please toss a coin and enter whether heads ('H') or tails ('T') came up. (Alternatively, you can simply enter 'H' or 'T' according to your choice). Each coin toss has a winning side, which you can view in Verification.pdf after the experiment (if you downloaded it). If the coin toss outcome you enter equals the winning side, you win the single risk. Otherwise, you lose the single risk. Thus, your chance of winning the single risk is 50 percent.

We depict single risks using the graphic below on the right. When taking a single risk, imagine starting from the left white ball. Winning the risk moves you up and you receive W = {{upTick}}. Losing the risk moves you down and you pay L = {{downTick}}. These amounts differ for your actual tasks.

Please resolve at least four single risks.

Note: Verification.pdf shows the winning side for all risks that determine your bonus. All risks during the experiment are resolved fairly and exactly as described.
During the explanations, risks may not be resolved randomly for illustrative purposes.

Please answer two short questions below. If you answer a question wrong, you will have to wait for a certain time.
{% if testing %} {% endif %} {% endblock %}