{{ block title }} Instructions {{ endblock }} {{ block content }}
In this part of the study you will select from among six different gambles the one gamble you would like to play. The six gambles will be made visible on the next page but are also shown below.
You must select one and only one of these gambles. To select a gamble you will click on it then click the 'Next' button. Each gamble has two possible outcomes (Event A or Event B). Each event is equally likely, like the flip of a coin. Your compensation for this part of the study will be determined by: 1) which of the six gambles you select; and 2) which of the two possible events occur. Your earnings are still listen in experimental dollars, which are exchanged at a rate of 4 experimental dollars = 1 U.S. dollar.
Below is what the menu of options will look like when you decide on the next page.
Once you submit your decision, the computer will randomly draw a number from 1-100 (inclusive) for each person. If a 1-50 is drawn then Event A occurs for you. If 51-100 is drawn, Event B occurs for you.
For example:
Once you have all completed the task you will be able to see your earnings from this task. You will then continue to a brief survey to finish the experiment. Once you are finished with the survey stay in your seat and after everyone is finished you will be able to see your total earnings from today. I will then pay you in cash and you are free to leave .
Are there any questions about these instructions? If not then you may hit the 'Next' button and make your decision.
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