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We invite you to participate in a noncommercial research study: Preference imprecision or loss aversion. What drives uncertainty aversion?

In this study, you will be trading lottery tickets that pay out cash prizes depending on the color (blue or red) of a ball drawn from an urn.In each task, you will be asked to imagine you are in one of three possible different roles: 1) a buyer, 2) a seller, or 3) a bookmaker of a ticket. If you are a buyer, we will present you with multiple potential prices for a ticket and ask you if you would definitely buy a ticket at a given price or if you would definitely not buy a ticket or if you are not sure. In the roles of seller or bookmaker, it will be very similar, but instead of buying, we will ask about selling or issuing a ticket.

In this survey:

* except for the comprehension test at the beginning and the risk literacy test at the end of the survey.

Estimated completion time is 12-15 minutes. By clicking next you implicitly agree to terms and conditions stated HERE.

Thank you for your participation!
Dr. MichaƂ Lewandowski
Michal.lewandowski@sgh.waw.pl
on behalf of the scientific team

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