{% extends "global/Page.html" %} {% load otree static %} {% block title %} Instructions for task 2 {% endblock %} {% block content %}

In this task, you will be making decisions with real money. Your task is to select one and only one of six available gambles. The six different gambles will be listed on your gamble selection screen. You must select one, and only one, of these gambles. To select a gamble, please mark the check box corresponding to the Gamble Choice that you prefer. Each gamble has two possible outcomes: High Amount or Low Amount. The High amount and the Low amount have the same chance of occurring. Your monetary compensation for the study will be determined by:

  1. which of the six gambles you select; and
  2. which of the two possible events occur.

Remember, every gamble has two possible outcomes that can occur with equal chance. At the end of this session, we will ask one of you to volunteer to draw a chip from a bag. The bag will contain two chips H and L.

The chip with the H represents the High Amount. The chip with the L represents the Low Amount. If the volunteer pulls out the H chip, you earn the High Amount from the choice you picked. If the volunteer pulls out the L chip, then you earn the Low Amount from the choice you picked. Since there are only two chips, each chip has an equal chance to be pulled out of the bag.

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