{{ block title }} Bet the probability of the Yellow box {{ endblock }} {{ block content }}
Every trial you and participant 2 will bet on the probability the computer selected either the Yellow box or the Green box to generate the observed sequence. You and the other participant both observe the same sequence drawn randomly by the computer.
In each trial, the computer will select the Yellow box with 90% probability for you, and the Green box with 10% probability. the computer will select the Yellow box with 20% probability for participant 2, and the Green box with 80% probability. Notice that the computer selected the Yellow box with a different probability for participant 2.
You will also estimate participant 2’s bet for the Yellow box. You will be matched with participant 2 on the basis that you both observed the same sequence.
The next table summarizes the conditions faced in each trial by each participant:
| Box | Probability of drawing one yellow marble | Participant 1’s (you) | Participant 2’s (other) |
|---|---|---|---|
| probability computer selects each box | probability computer selects each box | ||
| Yellow | 75% | 90% | 20% |
| Green | 25% | 10% | 80% |
{{ formfields }} {{ next_button }} {{ endblock }}