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The risk has two outcomes—one higher and one lower amount of money. The chance of obtaining each outcome varies across the risks in this experiment.

A virtual card game determines the outcome of the risk: 100 cards numbered from 1 to 100 are turned around, shuffled, and laid out again. You must then select one card.
If the risk determines your bonus and you select a winning card, you receive the high outcome. You receive the low outcome if the risk determines your bonus and you do not select a winning card.

An example of the risk is shown below. Cards 1 to are the winning cards yielding . The chance of the high outcome is therefore percent. (The risk that may determine your bonus will be different.)



Please select one card by clicking on it.

Note: For the risk that may determine your bonus, we already committed ourselves to the position of each card. The positions are shown in Verification.pdf. By inspecting Verification.pdf at the end of the experiment, you can thus verify that the card game is played fairly, exactly as described.
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